Commercial Real Estate Direct Staff Report Levine Investments has paid $615 million, or $20731/sf, for Rio West Business Park, a five-building office property with 296,663 square feet in Tempe, Ariz The Phoenix investment firm acquired it from...
The major mortgage REITs, which originated nearly $50 billion of commercial mortgages in 2021, originated $225 billion of loans last year While far off the record volume of five years ago, it's roughly four times 2024's total...
Benedict Canyon Equities has paid $4275 million, or $323,863/unit, for Sunrise Fountain, a 132-unit apartment property in Anaheim, Calif The Los Angeles investment manager acquired the property, at 2104 South Lewis St, from Consensys Property...
Commercial Real Estate Direct Staff Report A record 252 million young adults were living with family last year, up by almost 1 million from the previous year That topped the 25 million young people—those between 18 and 34 years old—who lived...
Commercial Observer G4 Capital Partners has taken title to the 81,000-square-foot mixed-use property at 206 Kent Ave in the Williamsburg section of Brooklyn, NY The New York lender provided $8425 million of financing in 2020 The property’s...
South Florida Business Journal A venture of Driftwood Capital and Merrimac Ventures has bought the 174‑room Courtyard by Marriott Fort Lauderdale Weston hotel for $2275 million, or $130,747/room A venture of Ashford Hospitality Trust and Artemis...
South Florida Business Journal A venture of Bain Capital Real Estate and Alliance HP has paid $52 million, or $15476/sf, for Bridge Point Pompano Beach Commerce Park, a 336,000‑square‑foot industrial complex in Pompano Beach, Fla Bain, a Boston...
Charlotte Business Journal A venture of Riverside Investment & Development and Singerman Real Estate has paid $365 million, or $4563/sf, for 301 South Tryon, a two-building office complex in Charlotte, NC The Chicago-based venture purchased the...
Brixton Capital has paid $294 million, or $27518/sf, for Las Palmas Village, a 106,838-square-foot retail center in Las Vegas The Solana Beach, Calif, investment firm acquired the property, at 445 East Windmill Lane, from a group of Australian...
Despite the 396 million square feet of negative absorption recorded during the first quarter, the worst might be over for the national office...
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