Prices for Midwest apartment properties that were sold in last year's third quarter increased by 33% from the previous year, according to Northmarq The median sales price of a unit was $186,400 last year, up from $140,000 in 2024...
South Florida Business Journal Related Ross has paid $365 million, or $17751/sf, for a pair of neighboring office buildings totaling 205,628 square feet in Coral Springs, Fla The West Palm Beach, Fla, company purchased the buildings, at 4000 Coral...
Commercial Real Estate Direct Staff Report PCCP has provided $70 million of financing against 24Fifty at University Park, a 252‑unit apartment property in Denver CBRE arranged the loan on behalf of the property’s owner, DivcoWest of San...
Austin Business Journal An affiliate of SB Energy has bought the 107-acre former 3M campus in Austin, Texas, for an undisclosed price The Redwood City, Calif, company purchased the property from Karlin Real Estate of Los Angeles, which recently...
South Florida Business Journal City National Bank of Florida has provided $58 million of financing for the construction of the Oasis at Doral mixed-use development in Doral, Fla A venture of Apollo Cos and Triarch Capital Group, both of Aventura,...
Commercial Real Estate Direct Staff Report An affiliate of Red Tail Acquisitions has paid $25 million, or $217,391/unit, for the 115-unit Exeter apartment property in Seattle The Irvine, Calif, investor acquired the property from Gibraltar LLC of...
Mesa West Capital has provided $81 million of senior debt against the 313-unit Domain Memorial townhome rental property in Houston The loan will allow the property’s owner, Knightvest Capital, to complete unit renovations The 10-year-old...
Bisnow WC Smith has paid $698 million, or $298,290/unit, for the 234-unit Albemarle apartment property in Washington, DC The local investor acquired the property from AvalonBay Communities of Arlington, Va, which had owned it since 2013 The most...
Crain’s Chicago Business Ante has paid $21 million, or $355,932/unit, for the 59-unit Portrait Apartments in the Uptown neighborhood of Chicago The family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional...
Commercial Real Estate Direct Staff Report Capital Group has agreed to pay $210 million, or $150/sf, for Los Angeles’ Bank of America Plaza, a 14 million-square-foot office property in the city’s downtown The financial services company,...
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