PGIM has provided $693 million of financing against the 185,536-square-foot Offices at the Grove office building in Phoenix The five-year, fixed-rate loan was arranged by JLL Capital Markets on behalf of the property’s owner, RED Development...
Benedict Canyon Equities has paid $2985 million, or $414,583/unit, for a pair of apartment properties with 72 units in West Hollywood, Calif The Los Angeles investor was founded in 2004 by James A Reston, who previously headed CBRE’s western...
Affinius Capital has provided $226 million of financing against the recently completed House 55, a 295-unit apartment building at 55 Willoughby St in Brooklyn, NY The loan allowed the property’s developer, a venture of Lonicera Partners and...
Sky Capital Group has paid $226 million, or $10463/sf, for Town Square Plaza, a 216,000-square-foot retail property in Pottstown, Pa The Houston real estate firm acquired the shopping center from Bluejay Management of Long Island, NY, which had paid...
Boston Business Journal Bulfinch Cos has paid $151 million, or $23231/sf, for the 65,000-square-foot office building at 210 Broadway in Cambridge, Mass The Boston-area real estate firm acquired the property from BioMed Realty of San Diego, which had...
New York Business Journal Northwind Group has provided $231 million of construction financing for the conversion of 675 Third Ave, a 337,000-square-foot office building in Manhattan, into as many as 450 apartments A venture of Metro Loft Management...
South Florida Business Journal A venture led by Legacy Residential has paid $5255 million, or $196,082/unit, for Landings at Coconut Creek, a 268-unit apartment property in Coconut Creek, Fla The Coral Gables, Fla, multifamily firm acquired the...
Puget Sound Business Journal Eaton Vance has paid $873 million, or $243,175/unit, for Assembly118, a 359-unit apartment property in Seattle The Boston investment firm, which is owned by Morgan Stanley, acquired the community from its developer,...
Philadelphia Business Journal Lightstone Group has bought the 261,000-square-foot industrial property at 1800 Ogletown Road in Newark, Del, for $321 million, or $12299/sf The Lakewood, NJ, real estate firm acquired the property from Maguire Hayden...
South Florida Business Journal RK Centers has paid $2856 million, or $14904/sf, for a 191,625-square-foot Walmart Supercenter store in Fort Lauderdale, Fla The Sunny Isles Beach, Fla, real estate firm acquired the retail property from a company...
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