Commercial Observer InterVest Capital Partners is paying $65 million, or $129,224/unit, for a portfolio of seven apartment properties with 503 units in the Bronx, NY The investment manager, formerly Wafra Capital Partners, is buying the portfolio...
Griffin Living has sold Griffin Plaza, comprised of an 85,022-square-foot retail center and the 102-unit Varentia of Simi Valley seniors-housing property, in Simi Valley, Calif, for $221 million The Westlake Village, Calif, development firm sold the...
Crain’s Chicago Business JVM Realty has acquired the 149-unit Courthouse Square Apartments in Wheaton, Ill, about 28 miles west of Chicago The purchase price could not yet be learned The Oak Brook, Ill, investment manager purchased the...
Minneapolis/St Paul Business Journal An affiliate of SR Realty Trust Inc has paid $25 million, or $6944/sf, for the 360,000-square-foot industrial property at 905 Yankee Doodle Road in Eagan, Minn The Minneapolis REIT purchased the property from...
The Real Deal Stonehenge NYC has paid $115 million, or $586,735/unit, for the 196-unit RiverEast apartment building on Manhattan’s Upper East Side The New York investor bought the 32-story property, at 408 East 92nd St, from UBS Realty...
Torose Equities, a recently formed real estate investor, has completed its second investment, paying $31 million, or $92/sf, for the 336,772-square-foot 6302 Corporate Center office property in Tampa, Fla The company pursues a contrarian investment...
Commercial Real Estate Direct Staff Report Walker & Dunlop Investment Partners Inc has paid $2775 million, or just less than $62/sf, for the County Line Commerce Center, a 450,000-square-foot office property in the Philadelphia suburb of...
The Bronx Times Camber Property Group has acquired a pair of apartment buildings with 187 units in the Bronx, NY, for $564 million The New York company paid $29 million, or $261,261/unit, for the 111-unit Morris Heights Mews at 1695 Grand Ave, and...
Commercial Real Estate Direct Staff Report Sunbelt Investment Holdings Inc has paid $311 million, or $28928/sf, for River Center, a 107,508-square-foot retail property in Tucson, Ariz The San Diego real estate company purchased the property from...
Guggenheim Partners has provided $24 million of financing against Mayfair in the Grove, a 281,782-square-foot mixed-use property in Miami’s Coconut Grove neighborhood The loan was arranged by Dockerty Romer & Co of Delray Beach, Fla, and...
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.
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