The Registry Olympus Property has paid $1125 million, or $628,491/unit, for Angelene, a 179-unit apartment property in West Hollywood, Calif The Fort Worth, Texas, investor purchased the property from JPMorgan Asset Management in a deal brokered by...
Bayport Funding, a New York alternative lender, has lined up a $200 million senior credit facility from a group of banks led by Webster Bank that would allow it to potentially double its annual lending production to about $500 million It also will...
Orlando Business Journal Picerne Real Estate Group wants to redevelop the former Macy’s store at the Seminole Towne Center in Sanford, Fla, into 350 apartment units The 175-acre development site includes the store and some parking lots on the...
Charlotte Business Journal An affiliate of MacKenzie Investment Group has filed plans to build a 13 million-square-foot industrial project in Richburg, SC The project is being proposed for a development site at SC Highway 9 and Interstate 77, about...
The Real Deal Phase 3 Real Estate Partners has paid $102 million, or $408/sf, for Skyway Landing, a two-building office property with 250,000 square feet in San Carlos, Calif The San Diego developer purchased the property from Hudson Pacific...
ConnectCRE Reyes Holdings has paid $140 million, or $29077/sf, for Richmond Distribution Center 3, a 481,487-square-foot industrial property in Richmond, Calif The Rosemont, Ill, producer and distributor of food and beverage products purchased the...
Highwoods Properties Inc has lined up a $200 million loan against its Bank of America Tower at Legacy Union, an 841,164-square-foot office building in the Uptown area of Charlotte, NC The loan has a five-year term and pays a coupon of 569 percent It...
Dallas Morning News Equinix is planning to add more data-center and office space to its Infomart Building in Dallas The Redwood City, Calif, data-center company will start work later this year on the expansion, with more than 211,000 square feet at...
San Antonio Business Journal Work is scheduled to begin in July on a 16-story apartment project in San Antonio Western Urban is building the 290-unit property at 110 South Laredo St, on the site that also contains 322 West Commerce St, which had...
Houston Business Journal Construction is winding down on the two-building Anserra Business Park in the Houston suburb of Katy, Texas Investment & Development Ventures LLC of Houston broke ground on the industrial property last May Its...
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.
