Commercial Real Estate Direct Staff Report GFP Real Estate has negotiated a three-year term extension of the $10297 million mortgage against its 515 Madison Ave office building in midtown Manhattan The loan, securitized through WFRBS Commercial...
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...
Commercial Real Estate Direct Staff Report The Vornado Realty Trust venture that owns the 182 million-square-foot office complex at 555 California St in San Francisco is seeking to extend the term of property’s $12 billion mortgage The loan is...
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...
Oak View Apartments, with 237 units in the Central Valley, Calif, city of Visalia, has changed hands for $50 million, or $210,970/unit The transaction, between two Southern California investors, was arranged by the Mogharebi Group of Costa Mesa,...
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.
