Charlotte Business Journal Camden Property Trust has paid $893 million, or $260,350/unit, for the 343-unit Ello House apartment complex in Charlotte, NC The Houston REIT acquired the three-building property from its developer, Proffitt Dixon...
Tampa Bay Business Journal The industrial investment arm of General Investment and Development, or GID, has paid $192 million, or $20579/sf, for a portfolio of 10 industrial buildings totaling 933,000 square feet in Pinellas County, Fla The Boston...
Peachtree Group has provided $150 million of mortgage financing against a portfolio of four hotels with 997 rooms in the Flamingo Crossings Town Center complex next to the Walt Disney World Resort near Orlando, Fla The loan, arranged by JLL’s...
OakNorth Bank has provided $835 million of financing that gives Lionheart Strategic Management back leverage for part of a $1113 million loan it provided for the development of the Bridge, a 101-unit residential condominium project in Mineola, NY...
Orlando Business Journal Beachwold Residential has lined up $1766 million of financing for the construction of a 1,395-bed student-housing project in Orlando, Fla Affinius Capital provided the loan, which was arranged by JLL Beachwold, of New Haven,...
Orlando Business Journal Midtown Capital Partners has paid $561 million, or $21843/sf, for Cypress Park, a 256,838-square-foot industrial complex in Orlando, Fla The Miami investor acquired the five-building property from Harbert Management Corp of...
The Real Deal Blackburn Communities has lined up a $465 million bridge loan for the River Junction Apartments, a 329-unit property in the Austin, Texas, suburb of Leander, Texas Bridge Investment Group provided the floating-rate, interest-only loan,...
Houston Business Journal Lincoln Property Co has sold Maverick Distribution, a 435,680-square-foot industrial property in Houston The Dallas developer sold the warehouse to an undisclosed buyer with a Los Angeles mailing address The sales price was...
Prime Residential has paid $5125 million, or $388,257/unit, for the 132-unit Palm Court Apartments in Los Angeles The San Francisco investment manager acquired the property, at 740 South Burnside Ave, in a deal arranged by Marcus & Millichap...
Commercial Real Estate Direct Staff Report Holland Partner Group has paid $10525 million, or $482,798/unit, for Meridian at Midtown, a 218-unit apartment property in San Jose, Calif The Vancouver, Wash, investor acquired the property from Essex...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
