FPA Multifamily has paid $205 million, or $136,667/unit, for East Wind, a 150-unit apartment property in Gresham, Ore, an eastern suburb of Portland, Ore The San Francisco investment manager acquired the property, at 2950 NE 23rd St, from Koka...
Puget Sound Business Journal JPMorgan Chase & Co has expanded its office lease at 1301 Second Ave in Seattle by 40,000 square feet The financial services giant now leases 128,000 sf at the 886,000-sf property, making it the largest tenant The...
Silicon Valley Business Journal Four Corners Properties has sold the 46,000-square-foot office property at 1540 El Camino Real in the San Francisco Bay Area city of Menlo Park, Calif, for $1037 million, or $2,254/sf The buyer could not yet be...
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc, which last month launched an effort to evaluate strategic alternatives, has negotiated the term extension, through July 9, of the $7336 million loan against 18 hotels it...
Deutsche Bank has provided a $935 million loan to fund the conversion of the 147,101-square-foot office property at 830 Third Ave in Manhattan into 188 apartment units The property is owned by a venture of Namdar Realty Group and Empire Capital...
Commercial Real Estate Direct Staff Report Reliant Group has paid $513 million, or $213,750/unit, for Villas at Lakewood, a 240-unit apartment property in Marysville, Wash, a northern suburb of Seattle The San Francisco investment firm acquired the...
The Brookfield Properties venture that owns the 27 million-square-foot One New York Plaza office property in lower Manhattan has secured a two-year term extension of the property’s $835 million CMBS loan The loan, securitized through One New...
Priority Capital Advisory has arranged $174 million of senior and mezzanine financing for the development of the first phase of the Blosser Ranch master-planned community in Santa Maria, Calif, along the state’s central coast The 160-acre...
Phoenix Business Journal Baron Properties has paid $23 million, or $15676/sf, for the 146,723-square-foot industrial property at 4703 West Brill St in Phoenix The Denver developer bought the 27-year-old property from Bixby Land Co, which bought it...
Multi-Housing News Rockefeller Group has started construction of the 213-unit Corsica Villas at Laveen apartment property in Phoenix The New York developer is building the property at 8181 South 20th St, about seven miles south of the city’s...
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