The venture of Rabina and New Blueprint Partners that’s developing the VIC apartment property in Vancouver, Wash, has lined up $75 million of construction financing for the 250-unit project The loan was arranged by JLL Capital Markets The...
Denver Business Journal Ares Management Corp has paid $647 million, or $22782/sf, for Verve Commerce Center, a two-building industrial property with 284,000 square feet in Broomfield, Colo, a northern suburb of Denver The Los Angeles investment...
Denver Business Journal A venture of Wood Partners and EIG EuroInvestor has broken ground on Alta Longmont, a 252-unit apartment property in Longmont, Colo Wood, of Atlanta, and EIG, of Germany, are developing the apartments at 251 East Rogers Road,...
Silicon Valley Business Journal Peninsula Land & Capital has paid $246 million, or $19871/sf, for Lincoln Court, a 123,800-square-foot office property in Campbell, Calif, about 50 miles south of San Francisco The Palo Alto, Calif, investment...
San Antonio Business Journal Fortress Investment Group has taken through foreclosure a portfolio of four office buildings with about 415,000 square feet in San Antonio The New York investor took the properties after placing a credit bid of $145...
The Real Deal A lawsuit filed against Bayerische Versorgungskammer, the German pension fund known as BVK, has requested a US federal judge to freeze proceeds from the recent sale of the 703,537-square-foot Transamerica Pyramid office tower in San...
PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, NY The property, dubbed The 360, is being developed at 350...
Illumio Inc has agreed to lease 120,000 square feet at Campus at Scott, a three-building office property in Santa Clara, Calif The cybersecurity company was represented by JLL, while Newmark represented the owner, a venture of Ellis Partners and...
Multi-Housing News A venture of Guardian Real Estate Services and PCCP has paid $63 million, or $189,759/unit, for Ladd Tower, a 332-unit apartment property in downtown Portland, Ore Guardian, of Portland, and PCCP, of Los Angeles, acquired the...
Commercial Real Estate Direct Staff Report The data-center sector’s rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk That appeared to be the consensus among panelists...
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