Commercial Observer Ares Management has provided a $450 million loan against 834-unit Riverie apartment property in the Greenpoint section of Brooklyn, NY The loan, arranged by CBRE, allowed a venture of Lendlease Corp and Aware Super, an Australian...
Commercial Real Estate Direct Staff Report Black Diamond Capital Management, which late last year bought the distressed $4185 million CMBS loan against the Palisades Center Mall in Rockland County, NY, has taken over the 23 million-square-foot...
The Wall Street Journal Anbang Insurance Group has tapped Eastdil Secured to market for sale the Waldorf Astoria hotel in Manhattan The famed property, at 301 Park Ave, now has 375 hotel rooms It also has 372 residential condominium units that are...
Commercial Observer Maxim Capital Group has provided a $70 million loan for the development of a 113-unit residential condominium property at 11-33 44th Drive in the Long Island City section of Queens, NY The property, which will have ground-floor...
Charlotte Business Journal National Kitchen & Bath Cabinetry Inc has bought a 247,000-square-foot industrial building within the Axial Bonds Farm industrial complex in Concord, NC, for $30 million, or $12146/sf The local cabinet supplier for...
ConnectCRE Equus Capital Partners has paid $469 million, or $13719/sf, for the Falls Lake Commerce Center, a 341,867-square-foot industrial complex in Butner, NC, about 14 miles northeast of Durham, NC The Newtown Square, Pa, company purchased the...
Commercial Observer GDC Properties has paid $241 million, or $803,333/unit, for the 30-unit apartment property at 335 Carroll St in the Carroll Gardens section of Brooklyn, NY The Hawthorne, NY, developer acquired the property from Solon Mack...
The Real Deal The Gutow Co has teamed with Vertical Partners LLC to buy the 246,955-square-foot office building at 12001 North Central Expressway in Dallas The locally based companies purchased the 13-story property from Atlas Coit Central LLC,...
Multi-Housing News New York Life Insurance Co has provided $61 million of financing for the purchase of the 424-unit Capitol at Stonebriar apartment complex in the Dallas suburb of Frisco, Texas Tanglewood Property Group of Houston purchased the...
South Florida Business Journal An affiliate of RK Centers has sold the 31,835-square-foot shopping center at 2178 NE 123rd St in North Miami for $1576 million, or $49505/sf The Sunny Isles Beach, Fla, company sold the retail property to a company...
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