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Home > CMBS Trust Takes Lower Manhattan Retail Space in Foreclosure of $37Mln Loan
Private equity real estate funds are expected to sell $22 trillion of commercial real estate assets globally between this year and 2029, according to Oxford Economics Those vehicles have amassed a portfolio of $12 trillion of assets under management...
Commercial Property Executive RCG Ventures has bought Collierville Crossing, a 94,331-square-foot shopping center in Collierville, Tenn, for $12 million, or about $12721/sf A venture of Desco Group and Affinius Capital sold the retail property in a...
REBusiness Online An affiliate of AMR REIT has sold the 111,983-square-foot industrial building at 6800 Jefferson Metro Parkway in McCalla, Ala, for $13 million, or about $11609/sf A company calling itself PMUDO Alabama LLC was the buyer Cushman...
Commercial Observer Bozzuto has paid $445 million, or $337,121/unit, for Gables 12 Twenty One, a 132-unit apartment property in Arlington, Va, about four miles west of Washington, DC The Greenbelt, Md, investor bought the four-story property from...
Commercial Observer ZD Jasper Realty has paid $47 million for a development site at 45-40 Vernon Blvd in the Long Island City section of Queens, NY The site, where an old factory still stands, was sold by a venture of Quadrum Global, Baron Property...
Commercial Real Estate Direct Staff Report The appraised value of the Augusta Mall, a 500,222-square-foot retail property in Augusta, Ga, has been reduced to $1593 million That’s down from the $250 million appraised value pegged to the mall in...
The Real Deal A venture of Redco Development and GCI General Contractors has paid $28 million, or $23529/sf, for the 119,000-square-foot office building at 300 California St in San Francisco Redco, of San Francisco, and GCI, of Mountain View, Calif,...
Dallas Business Journal Affiliates of Hillwood Development Co have purchased a portfolio of four office buildings totaling about 518,000 square feet in the Dallas suburb of Irving, Texas The Dallas development and investment company purchased the...
Multi-Housing News Springer Capital has bought a portfolio of eight apartment properties with a total of 2,164 units in South Carolina for $2402 million, or about $110,998/unit Berkadia brokered the deal for the buyer The seller could not be learned...
Commercial Real Estate Direct Staff Report The $2549 million of securitized debt against the 980,711-square-foot Providence Place Mall in Rhode Island has been transferred to special servicing due to imminent default The loan’s transfer to...
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© 2023 Commercial Real Estate Direct All rights reserved..
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