Jacksonville Business Journal G3 Enterprises has paid $3739 million, or $103/sf, for a 363,000-square-foot warehouse at 12751 Gran Bay Parkway in Jacksonville, Fla The Modesto, Calif, company acquired the industrial building from Redfearn Capital of...
South Florida Business Journal An affiliate of Sedano’s Supermarkets has paid $32 million, or nearly $299/sf, for a 107,034-square-foot retail property at 8655 and 8503 Bird Road in Miami The Hialeah, Fla, grocery store retailer purchased the...
Commercial Real Estate Direct Staff Report An affiliate of Golden Horizon Enterprises has paid $1125 million, or $336,826/unit, for Bungalows at Camelback, a 334-unit apartment property in Phoenix The purchase was first reported by the Phoenix...
South Florida Business Journal New Sense LLC has lined up $111 million of construction financing for the 328-unit Sense 22 apartment project in Miami The lender is identified as S3 RE 114-138 NE 22nd Street Funding LLC New Sense, a Miami developer,...
A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
South Florida Business Journal A venture of Intalex, Itero Investments, and Greenwall has bought The Ponce, a 365,000-square-foot office complex in the Miami suburb of Coral Gables, Fla, for $978 million, or $26795/sf An affiliate of PGIM Real...
South Florida Business Journal Longpoint Partners has paid $388 million, or $31913/sf, for a two-building industrial property totaling 121,579 square feet in Medley, Fla The Boston investor purchased the property from Martha and Ruben Artiles Axiom...
New York Times The 38-story office property at 235 East 42nd St in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
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