PCCP has provided $613 million of financing against Parc Riverside East, a 287-unit apartment property in Washington, DC The loan allows the owner of the property, Kennedy Wilson of Beverly Hills, Calif, to retire existing debt that was reaching its...
Triangle Business Journal Schmier & Feurring Properties has paid $2675 million, or $35667/sf, for a 75,000-square-foot office building in Raleigh, NC The Boca Raton, Fla, real estate company acquired the property from an affiliate of CGN Global...
Charlotte Business Journal A venture of DLC Management Corp and DRA Advisors has paid $366 million, or $28804/sf, for Perimeter Woods, a 127,067-square-foot retail property in Charlotte, NC The New York-based venture purchased the property from an...
Brixmor Property Group has paid $465 million, or $30177/sf, for the shopping center space at the Jones Crossing mixed-use complex in College Station, Texas The New York REIT purchased the 154,092-square-foot retail property from Stratus Properties...
Crain’s Chicago Business Nuveen has paid $26 million, or $37067/sf, for the Shops of Uptown, a 70,144-square-foot shopping center in Park Ridge, Ill, about 15 miles north of Chicago The Chicago investment manager acquired the retail property...
New York Business Journal Sioni Group has paid $31 million, or $44286/sf, for 38 West 21st St, a 70,000-square-foot office building in Manhattan The local developer bought the property from Jack Vogel Associates, which was represented in the deal by...
Commercial Observer Stockbridge has paid $461 million, or $2,634/sf, for the nearly 17,500-square-foot retail building at 1511 Third Ave in Manhattan’s Upper East Side The San Francisco investor acquired the property from a venture of Union...
Multifamily construction activity is slowing in Orlando, Fla, as 1,215 new units came online in the first quarter, down sharply from the 2,988 units delivered in the fourth quarter of 2025 and the 2,276 units delivered in the first quarter of last...
Digital Realty has agreed to pay $35 billion to increase its ownership stake in three data centers with 288 megawatts of power capacity that are being constructed in Northern Virginia The data-center REIT, which is developing the properties in a...
ASG Equities has paid $3911 million, or $19767/sf, for the 197,860-square-foot office property at 7954-7974 UW Health Court in Middleton, Wis, a suburb of Madison, Wis The family office of the Gindi family acquired it, while executing a 1031...
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.
