Triad Business Journal The city of Raleigh, NC, has tapped Omni Hotel Group to build a 500-room “upper upscale” hotel in its downtown The property is being planned for a single-acre lot on Fayetteville Street near the Raleigh Convention...
South Florida Business Journal PGIM Real Estate has sold 355 Alhambra, a 222,757-square-foot office building in Coral Gables, Fla, for $90 million, or about $40403/sf The Newark, NJ, company sold the 16-story property to an affiliate of Princeton...
South Florida Business Journal AvalonBay Communities Inc has broken ground on a 10-story apartment project in Miami The property, dubbed Avalon South Miami, is being built on a 186-acre site at 5850 SW 73rd St that formerly was home to a Winn-Dixie...
Commercial Observer Urban Standard Capital has provided $38 million of construction financing for a 76-unit apartment project at 827 Sterling Place in the Crown Heights section of Brooklyn, NY Haussmann Development of New York is developing the...
Commercial Real Estate Direct Staff Report The universe of commercial mortgages outstanding in the United States increased by $377 billion in the second quarter, to $46 trillion, according to the Mortgage Bankers Association The increase was driven...
Portland Business Journal Spear Street Capital has paid $41 million, or $34715/sf, for the 118,104-square-foot Leland James office building in Portland, Ore The San Francisco company purchased the property from ABS Real Estate Investments, which had...
Commercial Real Estate Direct Staff Report Sherwood Real Estate Partners has acquired a 40,000-square-foot airplane hangar at 3507 Jack Northrop Ave at Hawthorne Municipal Airport in the Southern California city of Hawthorne The Santa Monica, Calif,...
Charlotte Business Journal An affiliate of Blackfin Real Estate Investors has paid $288 million, or $144,000/unit, for the 200-unit Pines at Carolina Place apartment property in Pineville, NC The Arlington, Va, company purchased the property from an...
South Florida Business Journal The Estate Cos has proposed building Soleste on the Trail, a 315-unit apartment and townhouse development in Riviera Beach, Fla The Miami developer wants to construct the property on a 158-acre site at 7880 to 7940...
Orlando Business Journal Encore Real Estate Investment Services has been tapped to market for sale the Dellagio Town Center, a 109,000-square-foot lifestyle center in Orlando, Fla A Wellington, Fla, limited liability company owns the property, at...
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.
