The venture that bought the 351-room Hyatt Regency Jersey City hotel four years ago is in talks with its CMBS lenders over a potential modification of the property's $100 million...
Commercial Real Estate Direct Staff Report Stonepeak Partners has paid $8313 million, or $494,821/unit, for the 168-unit MorningStar at The Canyons seniors-housing property in Las Vegas The New York investment manager, which has $93 billion of...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Commercial Real Estate Direct Staff Report A venture of Agus Holdings and PCCP LLC has paid $605 million, or just more than $337/sf, for the 179,466-square-foot Briarcliff Commons retail property in the northern New Jersey borough of Morris Plains...
Property investor Stockdale Capital Partners has launched a credit platform and plans to lend as much as $300 million in the coming year The Los Angeles investment manager, best known for its opportunistic and value-add investments, has hired Alec...
Multi-Housing News Michelson Organization has paid $725 million, or $272,556/unit, for Peakline at Copperleaf, a 266-unit apartment community in Aurora, Colo The St Louis investment firm acquired the property, at 4343 South Picadilly St, from 29th...
Orlando Business Journal National Healthcare Properties Inc has paid $675 million, or $767,045/unit, for Sonata East at Viera, an 88-unit independent-living community in Viera, Fla The New York company acquired the seniors-housing property from an...
South Florida Business Journal The Mount Vernon Co has paid $6685 million, or $32158/sf, for Promenade Plaza, a 207,877-square-foot shopping center in Palm Beach Gardens, Fla The Boston real estate firm acquired the property from an affiliate of...
Crain’s Chicago Business Stockbridge Capital has paid $865 million, or $11275/sf, for a 767,161-square-foot industrial property at 1125 Remington Blvd in Romeoville, Ill, about 32 miles west of Chicago The San Francisco investor bought the...
Piedmont Realty Trust has paid $5625 million, or $29762/sf, for the 189,000-square-foot Two Liberty Center office building in the Washington, DC, suburb of Arlington, Va The Atlanta REIT purchased the nine-story property from a venture of Rithm...
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