Multi-Housing News Mill Creek Residential has broken ground on Modera Woodmont Beach, a 290-unit apartment property in Des Moines, Wash The Boca Raton, Fla, developer is building the property at 26915 Pacific Highway South, about 20 miles south of...
Denver Business Journal The Dinerstein Cos has paid $1373 million, or $629,816/unit, for Steele Creek, a 218-unit apartment property in Denver The Houston investment firm acquired the property, at 3222 East 1st Ave, from UDR Inc, which bought it in...
Commercial Property Executive Western Realco has paid $407 million, or $30410/sf, for a 133,836-square-foot office property at 600 East Vermont Ave in Anaheim, Calif The Newport Beach, Calif, investment firm acquired it from Rexford Industrial in a...
The Manhattan office market showed continued signs of recovery in the first quarter, with leasing activity stabilizing and availability declining as tenants increasingly expanded their space...
A family office has leased 5,063 square feet at the 9 West 57th St office building in Midtown Manhattan, with rent averaging $32750/sf, believed to be the highest ever recorded in the borough The 168 million-square-foot building, a block from...
LA Business First A development group led by Lowe has broken ground on Carina, a 408-unit apartment property in Santa Ana, Calif The Los Angeles developer is building the property at 2828 North MainPlace Drive, about 31 miles southeast of Los...
Puget Sound Business Journal Bell Partners has paid $7832 million, or $489,500/unit, for the Milehouse, a 160-unit apartment complex in the Seattle suburb of Redmond, Wash The Greensboro, NC, multifamily investor acquired the property from UDR Inc,...
REBusiness Online A venture of Bridgeway Real Estate Partners and LBX Investments has paid $43 million, or $35833/sf, for Plaza Del Mar, a 120,000-square-foot office property in San Diego Bridgeway, of Pasadena, Calif, and LBX, of Beverly Hills,...
Commercial Observer Industrious has signed four leases totaling 124,500 square feet of office space in Manhattan The coworking company signed a lease for 43,000 sf at 110 East 42nd St, 33,000 sf at 609 Greenwich St, 24,500 sf at 156 Fifth Ave, and...
REJournalscom United Properties has broken ground on Amira Corcoran, an age-restricted apartment property with 143 units in Corcoran, Minn The Minneapolis developer is building the property at 7330 Brockton Lane North, about 20 miles northwest of...
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.
