REBusiness Online Flaherty & Collins Properties has broken ground on the 256-unit second phase of the Mill at Ironworks Plaza apartment property in Mishawaka, Ind The Indianapolis developer is building the property at 235 Ironworks Ave, about...
Orlando Business Journal PLK Communities has bought the Harbortown Apartments, a 428-unit complex in Orlando, Fla, for $861 million, or about $201,168/unit The Cincinnati company purchased the three-story property from LivCor of Chicago, which had...
Tampa Bay Business Journal MLG Capital has paid $705 million, or about $220,313/unit, for the Reserve at Palmer Ranch, a 320-unit apartment property in Sarasota, Fla The Brookfield, Wis, company purchased the garden-style property from Strategic...
The Real Deal Hotel Capital, which owns the 135-room Tremont Chicago Hotel, has been hit with a foreclosure lawsuit LaSalle Investment Management filed the suit, alleging that Hotel Capital, of Newport Beach, Calif, defaulted on the $1943 million...
Regent Properties, a Los Angeles investment manager with $23 billion of properties in the Sunbelt region, has launched a credit platform, through which it will provide senior and mezzanine loans and make preferred equity investments in apartment,...
CBRE has arranged $30 million of mortgage financing against Dixon Commerce Center, a 447,042-square-foot industrial property in the Sacramento, Calif, suburb of Dixon, Calif The five-year loan, provided by a regional bank, requires only interest...
Dallas Morning News The $1442 million loan against the 253,561-square-foot Uptown Tower in downtown Dallas is in default after not being repaid before its Oct 1 maturity The loan, securitized through Morgan Stanley Bank of America Merrill Lynch...
Commercial Real Estate Direct Staff Report An investor group operating as American Dream Hotel LLC has paid $24 million, or $96,000/room, for the 150-room Meadowlands View Hotel in the New York suburb of North Bergen, NJ The group, which evidently...
Philadelphia Business Journal The $3736 million loan against the 463,988-square-foot office building at One South Broad St in Philadelphia has been extended through September 2025 The loan, securitized through JPMorgan Chase Commercial Mortgage...
South Florida Business Journal Stockbridge Capital Group has paid $489 million, or about $21436/sf, for a portfolio of three industrial properties totaling 228,118 square feet in the Lyons Technology Center in Coconut Creek, Fla The San Francisco...
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