Commercial Real Estate Direct Staff Report Principal Life Insurance Co has provided $662 million of financing for the construction of Eastrail Flats, which will have 207 apartment units and 63 townhomes in Woodinville, Wash The financing was...
Park Plaza Mall in Little Rock, Ark, has been acquired by Second Horizon Capital for what is said to have been between $25 million and $27 million The company bought the property from a CMBS trust that had taken it by foreclosing on what was a $738...
Pacific Business News Watumull Properties Corp has paid $66 million, or $32195/sf, for Niumalu Marketplace, a 205,000-square-foot retail center in Kailua, Hawaii The seller was not known Financing to facilitate the purchase was provided by a local...
ConnectCREcom No Meat Factory has paid $195 million, or $9949/sf, for the 196,000-square-foot industrial property at 10120 269th Place NW in Stanwood, Wash The Coldstream, British Columbia, plant-based meat alternative company purchased the property...
Mile High CRE Altus Properties has paid $54 million, or $51305/sf, for 2nd & Josephine, a four-building office and retail property with 105,253 square feet in Denver The Clayton, Mo, investment firm purchased the property from Unico Properties...
Commercial Real Estate Direct Staff Report Golden Bee Properties has paid $395 million, or $197,500/unit, for Mountain View Manor, a 200-unit apartment property in Sylmar, Calif The Los Angeles developer purchased the property from Positive...
LA Apartments has paid $54 million, or $263,414/unit, for Haven Warner Center, a 205-unit apartment property in Canoga Park, Calif The Los Angeles investment manager purchased the property in a deal brokered by Marcus & Millichap’s...
JLL Capital Markets has arranged an $1824 million Freddie Mac loan for the 358-unit Cambridge Estates apartment property in Lafayette, Ind The property, constructed in phases from 1973 to 1977, is owned by Brikwell of Denver, which had acquired it...
South Florida Business Journal Biscayne Real Estate Holdings LLC has paid $39 million, or about $24929/sf, for the 156,446-square-foot Biscayne Centre office property in North Miami, Fla The Miami Lakes, Fla, company purchased the property, which...
South Florida Business Journal Ground recently broke on the $50 million initial phase of the Southpointe Vista affordable-housing property in Miami McDowell Housing Partners is building the property on a 346-acre site at the northeast corner of SW...
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.
