The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
Tampa Bay Business Journal Third Lake Partners has paid $135 million, or about $12273/sf, for WestShore Plaza, a nearly 11 million-square-foot regional mall in Tampa, Fla The Ybor City, Fla, investor acquired the retail property from WPG Inc of...
South Florida Business Journal An affiliate of Urbanica Management has paid $21 million, or $512,195/unit, for a 41-unit apartment property at 7915 East Drive in North Bay Village, Fla The Miami Beach, Fla, hotel developer purchased the building...
Commercial Real Estate Direct Staff Report The sale of Los Angeles’ 14 million-square-foot Bank of America Plaza office property has resulted in a loss of $17587 million to the four CMBS trusts that held a $400 million loan against the...
Commercial Property Executive Boyd Watterson Asset Management has paid $49 million, or $140/sf, for the 350,000-square-foot industrial building at 9560 Heartland Court in Columbus, Ohio The Cleveland investment manager acquired the property from its...
Charlotte Business Journal Adler Real Estate Partners has bought four industrial buildings totaling 195,948 square feet in Charlotte, NC, for $414 million, or $21128/sf The Miami commercial real estate investment firm purchased the buildings from...
Tampa Bay Business Journal TMT Properties has purchased the 107,512-square-foot office building at 115 South Missouri Ave in downtown Lakeland, Fla, for $1753 million, or $16305/sf The Coral Springs, Fla, investor bought the five-story property from...
Charlotte Business Journal Gleneagles Davidson LLC has paid $251 million, or $64646/sf, for Sadler Square, a 38,827-square-foot retail property in Davidson, NC The company, an affiliate of Pharr of McAdenville, NC, purchased the shopping center from...
Charlotte Business Journal Camden Property Trust has paid $893 million, or $260,350/unit, for the 343-unit Ello House apartment complex in Charlotte, NC The Houston REIT acquired the three-building property from its developer, Proffitt Dixon...
Tampa Bay Business Journal The industrial investment arm of General Investment and Development, or GID, has paid $192 million, or $20579/sf, for a portfolio of 10 industrial buildings totaling 933,000 square feet in Pinellas County, Fla The Boston...
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.
