Pittsburgh Business Times A portfolio of three office buildings totaling 351,000 square feet at the Parkway Center development in Pittsburgh is headed to the auction block through the TenX online platform JLL is overseeing the offering, which...
Commercial Real Estate Direct Staff Report Affinius Capital LLC has provided $17725 million of mortgage financing against a pair of apartment properties with 409 units in Edgewater, NJ, and Yonkers, NY, that were acquired by a venture led by Lincoln...
South Florida Business Journal A local development group led by Giuseppe Iadisernia has lined up a $50 million mezzanine loan to complete the East Tower condominium component of the Oasis Hallandale mixed-use project in Hallandale Beach, Fla...
Washington Business Journal Pantzer Property Management has paid $2115 million, or $480,682/unit, for the 440-unit Witmer apartment building in the Washington, DC, suburb of Arlington, Va The Manhattan apartment owner acquired the property from...
Philadelphia Business Journal A venture of Namdar Realty Group, Mason Asset Management, and CH Capital Group is under contract to purchase the Willow Grove Park Mall in Willow Grove, Pa The New York-based buyers are buying the property from PREIT of...
Four CMBS trusts that hold $13198 million of loans against six Houston-area apartment properties are on the cusp of taking, or already have taken, title to the properties Two loans were originated less than two years...
Commercial Property Executive Travelers Club Luggage has paid $513 million, or $34076/sf, for the GLP Mid-Counties Distribution Center, a 150,548-square-foot industrial property in Santa Fe Springs, Calif The travel gear company acquired the...
South Florida Business Journal An affiliate of JPMorgan Investment Management has paid $385 million, or $17776/sf, for a pair of warehouse properties totaling 216,586 square feet in Kendall, Fla The New York investment manager acquired the...
The Parkhill City apartment complex, with 538 units in the Jamaica section of Queens, NY, has been reappraised at a value of only $1786 million, or nearly half the $325 million value pegged to it in...
Washington Business Journal Finmarc Management has paid $775 million, or $16848/sf, for Highline at Greensboro, a 460,000-square-foot office complex in Tysons, Va The Bethesda, Md, investor purchased the two-building property from CIM Group of Los...
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.
