Commercial Real Estate Direct Staff Report The long-troubled $3791 million CMBS loan against a portfolio of nine Seattle office buildings with 164 million square feet owned by Martin Selig Real Estate has been modified, providing the developer with...
Affinius Capital has provided $1003 million of financing to fund the construction of the 326-unit Atmosphere Pittsburgh student-housing property in the city’s Oakland neighborhood The 10-story property, which will have a 672-bed capacity, is...
Oxford Properties has provided a $155 million construction loan for the first phase of Buckeye Yards, a 413-million-square-foot industrial development in Columbus, Ohio JLL Capital Markets arranged the financing on behalf of developer Xebec of...
New York Life Investment Management has provided $480 million of mortgage financing against 10 apartment properties with 2,731 units owned by Continental Properties Real Estate Development Fund II LP The loan was arranged by Walker & Dunlop It...
Triangle Business Journal DUMAC, the investment arm of Duke University, has bought Erwin Square Plaza, a 238,792-square-foot office building in Durham, NC Lionstone Investments of Houston sold the property, which sits on 742 acres at 2200 West Main...
Charlotte Business Journal Western-Southern Life Insurance Co has provided $81 million of construction financing for Sutherland at Piper Glen, a 299-unit apartment project under construction in Charlotte, NC RK Investors is developing the property...
Chicago Business Journal Magna-Tiles is planning to build a 245,000-square-foot industrial property within the Carlow Corporate Center in Bolingbrook, Ill, The manufacturer of magnetic building sets is constructing the property on an 1169-acre site...
Tampa Bay Business Journal Concert Golf Partners has agreed to buy the Innisbrook Resort and Golf Club in Palm Harbor, Fla, for $198 million in a cash deal that includes the assumption liabilities The Lake Mary, Fla, golf-club owner is acquiring the...
South Florida Business Journal Fortress Investment Group has paid $2575 million, or $218,220/unit, for Astor at Delray Beach, a 118-unit seniors-housing facility in Delray Beach, Fla The New York investor acquired the property, formerly known as...
South Florida Business Journal An affiliate of Welltower has paid $4909 million, or $409,083/bed, for Glades West Rehab & Nursing Center, a skilled-nursing facility with 120 beds in Miramar, Fla The Toledo, Ohio, REIT purchased the property from...
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