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...
South Florida Business Journal A venture of Witkoff and Monroe Capital has lined up $3026 million of financing for a mixed-use project it’s developing in downtown Miami Athene Annuity and Life Co, an affiliate of Apollo Global Real Estate,...
South Florida Business Journal An affiliate of Monceau Realty has lined up $43 million of construction financing for Perrine Estates, a 192-unit apartment project in suburban Miami An affiliate of Pearlmark provided the loan to the Bay Harbor...
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...
Charlotte Business Journal Gleneagles Davidson LLC has paid $251 million, or $64646/sf, for Sadler Square, a 38,827-square-foot retail property in Davidson, NC The company, an affiliate of Pharr of McAdenville, NC, purchased the shopping center from...
Since the start of the year, REITs have generated a 149% total return to investors, according to NAREIT, beating the Russell 1000 stock index by 46 percentage points That's a reversal from last year, when the index's 174% return beat REIT returns by...
Charlotte Business Journal Camden Property Trust has paid $893 million, or $260,350/unit, for the 343-unit Ello House apartment complex in Charlotte, NC The Houston REIT acquired the three-building property from its developer, Proffitt Dixon...
Tampa Bay Business Journal The industrial investment arm of General Investment and Development, or GID, has paid $192 million, or $20579/sf, for a portfolio of 10 industrial buildings totaling 933,000 square feet in Pinellas County, Fla The Boston...
OakNorth Bank has provided $835 million of financing that gives Lionheart Strategic Management back leverage for part of a $1113 million loan it provided for the development of the Bridge, a 101-unit residential condominium project in Mineola, NY...
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