Albany Business Review Heidenberg Properties has paid $28 million for 271,000 square feet, comprised mostly of a former Sears store, at the Colonie Center Mall in Albany, NY The Sears location, which is partly occupied by Whole Foods Market, was...
Commercial Real Estate Direct Staff Report Paramount Group has negotiated the modification of the $575 million mortgage against the 16 million-square-foot office building at 60 Wall St in lower Manhattan, as part of a plan to redevelop it Aareal...
Commercial Real Estate Direct Staff Report Northmarq has provided $239 million of Freddie Mac financing to facilitate the purchase, by Harbert Management, of the 122-unit Fremont City Center apartment property in Fremont, Calif Harbert, a...
Commercial Real Estate Direct Staff Report Fannie Mae funded $101 billion of multifamily loans during the first quarter, just shy of the $102 billion it funded during the same period a year ago and $112 billion during the fourth quarter The...
Multi-Housing News Tara Capital has paid $63 million, or about $77,778/unit, for Park at Voss, an 810-unit apartment property in Houston’s Westchase area The local real estate investor lined up $555 million of financing from BridgeInvest of...
Commercial Real Estate Direct Staff Report Greystone & Co has bought Lumi Hyde Park, a 259-unit apartment complex in Tampa, Fla, for $83 million, or about $320,462/unit The New York investment manager purchased the five-story property from Conti...
Commercial Observer Hudson Bay Capital has provided a $155 million loan against the 725-room Lexington Hotel in midtown Manhattan The property, at 511 Lexington Ave, is owned by a venture of Island Capital Group, MCR Hotels and Three Wall Capital,...
Host Hotels & Resorts Inc has paid $530 million, or $735,090/room, for a two-hotel complex with 721 rooms in Nashville, Tenn The Bethesda, Md, REIT bought the property, comprised of the 215-room 1 Hotel Nashville and 506-room Embassy Suites by...
Commercial Property Executive Lionstone Investments has sold the 112,162-square-foot Muse Shops at Midtown in Dallas for an undisclosed price JPMorgan bought the property in a deal brokered by JLL Capital Markets The sales price was not immediately...
Commercial Observer GDS Brightstar and Sabal Investment Holdings have provided a $3425 million bridge loan against the 40,000-square-foot office property at 76 Eighth Ave in the Meatpacking District of Manhattan The 10-story building was developed...
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