Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
South Florida Business Journal An affiliate of Investments Limited has paid $3815 million, or $15273/sf, for a 249,794-square-foot office building at 555 South Federal Highway in Boca Raton, Fla The local real estate firm acquired the property from...
Tampa Bay Business Journal An affiliate of Hines has paid $561 million, or $13495/sf, for a 415,717-square-foot warehouse at 1820 Massaro Blvd in Tampa, Fla The Houston real estate firm purchased the industrial property from an affiliate of Hove...
New York Business Journal Sabet Group has paid $325 million, or $485,075/unit, for a portfolio of three apartment buildings with a total of 67 units in Manhattan’s Turtle Bay neighborhood The New York real estate firm acquired the portfolio...
Atlanta Business Chronicle An affiliate of the Housing Authority of DeKalb County has paid $292 million, or $197,297/unit, for the 148-unit Park Summit apartment complex in the Atlanta suburb of Decatur, Ga The housing authority acquired the...
South Florida Business Journal A venture of BKM Capital Partners and Kayne Anderson has paid $57 million, or $27143/sf, for Lakeview Center, a 210,000-square-foot industrial park in Dania Beach, Fla The venture acquired the seven-building property...
South Florida Business Journal Robbins Property Associates has paid $334 million, or $451,351/unit, for Solera at Avalon Trails, a 74-unit residential community in Delray Beach, Fla The Tampa, Fla, company bought the property from 13th Floor Homes...
Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
South Florida Business Journal Perkins Realty Management has paid $2555 million, or $22435/sf, for Davie Square, a 113,887-square-foot shopping center in Davie, Fla The Boca Raton, Fla, real estate firm purchased the retail property from Davie...
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.
