Washington Business Journal An affiliate of Goldman Sachs has paid $1423 million, or $562,451/unit, for The Milton, a 253-unit apartment building in Arlington, Va The New York investor bought the 11-story property from Kimco Realty Corp of Jericho,...
Washington Business Journal An affiliate of Columbia Sussex Corp has paid $927 million, or $274,260/room, for the 338-room Westin Arlington Gateway in the Washington, DC, suburb of Arlington, Va The Crestview Hills, Ky, hotel owner purchased the...
Commercial Real Estate Direct Staff Report The $1004 million CMBS loan against the Meadows Mall just northwest of the Las Vegas Strip has transferred to special servicer Midland Loan Services as it’s maturing in the coming weeks The loan is...
The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
Tampa Bay Business Journal Third Lake Partners has paid $135 million, or about $12273/sf, for WestShore Plaza, a nearly 11 million-square-foot regional mall in Tampa, Fla The Ybor City, Fla, investor acquired the retail property from WPG Inc of...
South Florida Business Journal An affiliate of Urbanica Management has paid $21 million, or $512,195/unit, for a 41-unit apartment property at 7915 East Drive in North Bay Village, Fla The Miami Beach, Fla, hotel developer purchased the building...
Commercial Real Estate Direct Staff Report The sale of Los Angeles’ 14 million-square-foot Bank of America Plaza office property has resulted in a loss of $17587 million to the four CMBS trusts that held a $400 million loan against the...
Commercial Property Executive Boyd Watterson Asset Management has paid $49 million, or $140/sf, for the 350,000-square-foot industrial building at 9560 Heartland Court in Columbus, Ohio The Cleveland investment manager acquired the property from its...
Charlotte Business Journal Adler Real Estate Partners has bought four industrial buildings totaling 195,948 square feet in Charlotte, NC, for $414 million, or $21128/sf The Miami commercial real estate investment firm purchased the buildings from...
Tampa Bay Business Journal TMT Properties has purchased the 107,512-square-foot office building at 115 South Missouri Ave in downtown Lakeland, Fla, for $1753 million, or $16305/sf The Coral Springs, Fla, investor bought the five-story property from...
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.
