Crain’s Chicago Business Golub & Co has recapitalized Century Tower, a 293-unit apartment property in Chicago, in a deal that values the property at $647 million, or $220,819/unit The Chicago developer brought in EOS Residential Investors as a...
Commercial Real Estate Direct Staff Report The $28772 million CMBS loan against the Bridgewater Commons shopping mall in northern New Jersey has been paid down to $23888 million, facilitating its extension through November The loan, with an original...
Commercial Real Estate Direct Staff Report MetroWest, a 207,714-square-foot office property in the Chicago suburb of Naperville, Ill, has been sold for $161 million, or $7751/sf – 505% less than its sales price 11 years ago Real Capital...
Commercial Real Estate Direct Staff Report Northeast Building LLC has paid $765 million, or $28708/sf, for Gateway North, a 266,476-square-foot industrial property in Tukwila, Wash, a southern suburb of Seattle The Kirkland, Wash, developer, a unit...
Multi-Housing News Abacus Capital has paid $158 million, or $336,170/unit, for the 470-unit Abbey Lane apartment property in Danbury, Conn The New York investor acquired the property from 601W Cos, also of New York, which bought it in 2019 for $124...
South Florida Business Journal McDowell Properties has bought the Nova Central Apartments, a 140-unit property in Davie, Fla, for $336 million, or $240,000/unit The Addison, Texas, company purchased the complex from Robbins Property Associates of...
Commercial Real Estate Direct Staff Report The CMBS trust that held the $105 million loan against the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan suffered a $7666 million loss as a result of the...
Milwaukee Business Journal An affiliate of Altitude Capital Partners has paid $372 million, or $180,582/unit, for Bakers Place, a 206-unit apartment property in Madison, Wis The Chicago asset manager acquired the property from its developer,...
Houston Business Journal Crescent Energy has recently signed a lease for 125,000 square feet at 609 Main at Texas office building in downtown Houston JLL brokered the lease on behalf of the locally based energy company Meanwhile, Crescent has filed...
Dallas Morning News Granite Properties is offering for sale Factory Six03, a 123-year-old office building in downtown Dallas The Plano, Texas, company has tapped Cushman & Wakefield to market the 215,111-square-foot property at 603 Munger Ave An...
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