Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Puget Sound Business Journal Toronto-Dominion Bank has provided $417 million of financing for the development of Block V, a 136 million-square-foot mixed-use property in Seattle’s Denny Triangle neighborhood The financing comes after the...
Tampa Bay Business Journal Crow Holdings has paid $23 million, or $29935/sf, for Trinity Village Center, a 76,834-square-foot retail center in Trinity, Fla, about 26 miles northwest of Tampa, Fla The Dallas real estate investment firm purchased the...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Orlando Business Journal National Healthcare Properties Inc has paid $675 million, or $767,045/unit, for Sonata East at Viera, an 88-unit independent-living community in Viera, Fla The New York company acquired the seniors-housing property from an...
South Florida Business Journal The Mount Vernon Co has paid $6685 million, or $32158/sf, for Promenade Plaza, a 207,877-square-foot shopping center in Palm Beach Gardens, Fla The Boston real estate firm acquired the property from an affiliate of...
Bucks County Courier Times The demolition of most of the Neshaminy Mall in the Philadelphia suburb of Bensalem, Pa, is scheduled to get underway in December The 105 million-square-foot retail property was purchased two years ago by a venture of...
The Real Deal An affiliate of Goldman Sachs has paid $1545 million, or $389,169/unit, for the 397-unit Modera Academical Village I apartment complex in Davie, Fla The New York company acquired the property from Mill Creek Residential of Boca Raton,...
The Real Deal Galium Capital has paid $287 million, or $183,974/unit, for the 156-unit Arbors Aventura apartment property in North Miami Beach, Fla The Miami real estate investment firm acquired the property from a venture of Mavik Capital...
The Real Deal Redfearn Capital has paid a total of $422 million for two commercial properties along East Atlantic Avenue in Delray Beach, Fla, in separate transactions The local investment firm paid $382 million, or $1,675/sf, at auction for a...
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