Commercial Real Estate Direct Staff Report Wells Fargo Bank provided $1365 million of mortgage financing to help facilitate Canyon Creek Real Estate’s acquisition of the 519,959-square-foot 111 Congress office building in downtown Austin,...
Denver Business Journal Sierra Parkway Communities has paid $32 million, or $209,150/unit, for the 153-unit Fox Hill Apartments in Golden, Colo, about 13 miles west of Denver The Las Vegas investor acquired the property from Monarch Investment and...
Sixth Street Partners has paid $190 million, or $134 million/room, for the 142-room Pier House Resort & Spa on Key West, Fla The San Francisco investment manager bought the oceanfront property, on a six-acre parcel at 1 Duval St, in a venture...
Greystar has paid $3966 million, or $147,985/unit, for the 268-unit Avana Bartram Springs apartment complex in Jacksonville, Fla The Charleston, SC, investment manager bought the property, at 14951 Walden Springs Way, from Fogelman Properties of...
Multi-Housing News Nimes Real Estate has lined up a $229 million Fannie Mae for its purchase of the Hilliard Pointe Apartments, a 218-unit property in Hilliard, Ohio, about 11 miles northwest of Columbus, Ohio Newmark arranged the five-year loan...
South Florida Business Journal Willis Lease Finance Corp has paid $118 million, or $31474/sf, for the 374,910-square-foot Cocomar Business Park that’s currently under construction in Coconut Creek, Fla The local aviation leasing and services...
Orlando Business Journal McKinley has paid $21 million, or $114,130/unit, for Soraya, a 184-unit apartment community in Casselberry, Fla The Ann Arbor, Mich, apartment owner bought the property from National Property Management Associates of...
Ashford Hospitality Trust has sold the 358-room Hyatt Regency Long Island hotel in Hauppauge, NY, for $265 million, or $74,022/room The Dallas REIT sold the 37-year-old property, at 1717 Motor Parkway, to a partnership of two investor groups in a...
Orlando Business Journal JBL Development has lined up $625 million of construction financing for the first phase of The Gateway luxury apartment project in Orlando, Fla Highland Commercial Mortgage provided the loan JBL, a Hollywood, Fla, developer,...
Cardone Capital has paid $8975 million, or $318,262/unit, for the 282-unit Orchid Run apartment property in Naples, Fla The Aventura, Fla, investment manager raises capital from retail investors and invests it in apartment properties, mostly in the...
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