South Florida Business Journal A venture of Terra and AB Asset Management has lined up $410 million of financing for the construction of the 194-unit Well Coconut Grove condominium project in Miami Walker & Dunlop arranged the financing The...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding has provided $58 million of mortgage financing against the 88,365-square-foot mixed-use property at 600 Broadway in the SoHo section of Manhattan The interest-only loan, which has a...
South Florida Business Journal Bridgeton Holdings has bought the Sheraton Miami Airport Hotel, a 405-room property near Miami International Airport, for $675 million, or $166,667/room The New York company purchased the 10-story property from HHM...
New York developer Allstate Ventures has lined up a $1258 million bridge loan from Greystone and $195 million of preferred equity from Forum Investment Group against its recently completed Alary apartment building in New Rochelle, NY The financing...
Commercial Property Executive Electric Research and Manufacturing Cooperative Inc has paid $91 million, or $16542/sf, for a 550,121-square-foot industrial building within the Virgin Industrial Park in Waddell, Ariz, a western suburb of Phoenix The...
Commercial Observer Bain Capital has provided a $213 million loan against the 513,000-square-foot office building at 1375 Broadway in Manhattan’s Garment District The property is owned by American Exchange Group, which took it over after its...
South Florida Business Journal Carlyle Management Corp has paid $30 million, or $44453/sf, for Delray Landing, a 67,487-square-foot shopping center in Delray Beach, Fla The Boca Raton, Fla, company purchased the retail plaza from PEBB Enterprises,...
Net Lease Office Properties, which was formed nearly three years ago through the spin-off of WP Carey Inc's office portfolio, so far has sold 37 of its original 59 properties, leaving it with 22 properties that generate $2891 million of annualized...
Charlotte Business Journal Penzance has bought Presley Oaks, a 318-unit apartment complex in Charlotte, NC, for $65 million, or $204,403/unit The Washington, DC, investment firm purchased the 19-building property from American Landmark Apartments...
Multi-Housing News Penzance has paid $755 million, or $190,657/unit, for the 396-unit Compass at City Center apartment complex in Newport News, Va The Washington, DC, company acquired the property from DF Ventures, the investment arm of Drucker +...
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