The $558 million mortgage against the Lakeland Square Mall in the central Florida city of Lakeland has transferred to special servicer SitusAMC as it has matured It last received a debt-service payment in March The loan is one of three left in the...
GID has acquired First Commons, a 99,435-square-foot industrial property in Phoenix The Boston asset manager purchased the property from an entity of MIG Real Estate of Newport Beach, Calif The purchase price was not disclosed The property, at 4625...
Crain’s New York Business The Stagg Group has paid $18 million, or $189,474/unit, for Overlook Manor, a 95-unit apartment property near the campus of Manhattan College in the Bronx, NY The six-story property, 3801 Waldo Ave, has a capacity of...
Commercial Real Estate Direct Staff Report Walker & Dunlop has provided $1772 million of Freddie Mac financing to facilitate the purchase of the 124-unit Solaire on Scottsdale apartment property in Tempe, Ariz Chicago investment manager 29th...
REBusiness Online A venture led by HIG Realty Partners has paid $110 million for a portfolio of four retail centers with 592,000 square feet in the Richmond, Va, area The Miami investment manager partnered on the purchase with Rosenthal Properties...
Commercial Real Estate Direct Staff Report Dwight Mortgage Trust has provided $1275 million of short-term financing against Pine Island Plaza, a 104,000-square-foot retail center in Sunrise, Fla The loan is the first against a retail property for...
A venture led by Slate Property Group has paid $120 million, or $722,892/unit, for the 166-unit apartment building at 600 Columbus Ave in Manhattan’s Upper West Side neighborhood The venture, which includes real estate investment managers KABR...
Charlotte Business Journal Asana Partners has bought the Grinnell Water Works building in Charlotte, NC, for $1915 million, or about $36863/sf The local real estate investor purchased the 51,949-square-foot office property from Northridge Capital of...
Triangle Business Journal Anantaa Inc has paid $103 million, or $100,000/room, for the 103-room Cambria Hotel Raleigh-Durham Airport in Morrisville, NC The Goldsboro, NC, company purchased the property, which sits on 23 acres at 300 Airgate Drive,...
Houston Business Journal Dhanani Private Equity Group has bought Kingwood Commons, a 165,000-square-foot retail property in Kingwood, Texas, about 23 miles northeast of Houston The Stafford, Texas, company bought the property from Kite Realty Group,...
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