The Crowne Plaza JFK Airport hotel, with 335 rooms in the Jamaica section of Queens, NY, has been sold for $84 million, or $250,746/room The property's sale will result in the defeasance or likely pay off of a $377 million CMBS mortgage that doesn't...
The Real Deal A family office linked to Joe C Wen has paid $42 million, or $10660/sf, for One Pacific Plaza, a 394,000-square-foot office property in Huntington Beach, Calif The family office purchased the property from a venture of Pendulum...
Rentvcom The Mondivan Group has paid $285 million, or $633,333/unit, for the 45-unit Solis apartment property in Seattle The Vancouver, British Columbia developer purchased the property from SolTerra, which was represented by Cushman & Wakefield...
New York Post Wells Fargo has agreed to pay $550 million, or $1,375/sf, for the 400,000-square-foot retail property at 20 Hudson Yards in Manhattan’s Hudson Yards area The property once was fully leased by department store Neiman Marcus and is...
Dallas Morning News Kite Realty Group Trust has bought Prestonwood Place, a 160,000-square-foot shopping center in the Dallas suburb of Addison, Texas The Indianapolis REIT bought the retail property from an affiliate of Northwood Investors of New...
The Real Deal Bank OZK and Manulife have provided more than $200 million of construction financing for the 400,000-square-foot office development at 919 West Fulton St in Chicago While exact details of the financing could not yet be learned, Bank...
Commercial Real Estate Direct Staff Report Morgan Stanley, Citigroup, Goldman Sachs and Wells Fargo Bank have originated a $700 million mortgage against the Oakbrook Center shopping mall in the Chicago suburb of Oakbrook, Ill, owned by a venture led...
The Real Deal The venture that owns 300 East 42nd St in midtown Manhattan has handed the 236,392-square-foot office building over to its lender, Fortress Investment Group, which has tapped JLL Capital Markets to market it for sale The venture,...
BisNow An affiliate of Goldman Sachs has paid $182 million, or $619,047/unit, for Hanover North Cambridge, a 294-unit apartment property in Cambridge, Mass The property, at 50 Cambridgepark Drive, was sold by Houston developer Hanover Co, which had...
The Real Deal EQT Exeter has paid $225 million, or $5921/sf, for a seven-building industrial portfolio with 38 million square feet primarily in the suburbs of Chicago, as well as in Mississippi and Kentucky The Conshohocken, Pa, investment manager...
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