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The vacancy rate for apartment properties in Phoenix was 95 percent in the first quarter, down from 98 percent in the previous quarter, according to Kidder Mathews Meanwhile, rents last quarter increased to $1,525/unit, from $1,514/unit at the end...
Commercial Real Estate Direct Staff Report A venture of SL Green Realty Corp and PGIM Real Estate has secured an extension for the $360 million loan against 100 Park Ave, an 874,022-square-foot office building in Manhattan The loan, initially...
ConnectCRE Arlington Partnership for Affordable Housing and the Central United Methodist Church have opened Unity Homes at Ballston, a 144-unit apartment property in Arlington, Va Units at the property, at 4201 Fairfax Drive, are reserved for...
A venture of Partners Capital and CNR Retail is planning to convert the 100,000-square-foot office property at 2500 to 2550 Paseo Verde Parkway in Henderson, Nev, into a retail center Partners Capital, of London, and CNR, of Las Vegas, paid $1725...
Commercial Observer Antares has signed a lease to renew and expand its footprint at 280 Park Ave in midtown Manhattan, to 76,000 square feet from 55,000 sf The private equity company will pay $110/sf in rent, in a deal that expires in 2034 A venture...
A total of 85,921 apartment units were absorbed nationwide in the first quarter, up from 53,210 units at the same time last year, according to Cushman & Wakefield Meanwhile, 116,241 units were delivered through the first three months of 2024,...
Carr Properties recently paid $154 million for the vacant office building at 901 North Pitt St in Alexandria, Va, that it plans to redevelop into 234 apartment units The Washington, DC, REIT bought the property from an affiliate of The Carr Cos The...
Dallas Business Journal Crow Holdings Development has filed plans to build a pair of office buildings totaling 477,275 square feet in the Dallas suburb of Grand Prairie, Texas The development is being planned for a site on Oakdale Road and is...
REBusiness Online Sundance Real Estate has bought The Edge at Donaghey, a student-housing property with 432 beds in Conway, Ark, about 33 miles northwest of Little Rock, Ark The Cedarhurst, NY, company purchased the 120-unit complex from a company...
South Florida Business Journal The Related Cos has broken ground on the 108-unit South Flagler House condominium project in West Palm Beach, Fla The New York company is constructing the property on a 34-acre development site at 1355 South Flagler...
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© 2023 Commercial Real Estate Direct All rights reserved..
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