HealthCore Foundation has paid $130 million, or $58539/sf, for a portfolio of six medical-office buildings with 222,073 square feet in the San Francisco Bay area from NorthBay Health The buildings, in Fairfield and Vacaville, Calif, will be fully...
Commercial Real Estate Direct Staff Report The venture that owns the Prince Building in Manhattan’s SoHo area has lined up $216 million of financing, allowing it to retire a $200 million CMBS loan that became delinquent earlier this year The...
Crain’s Chicago Business A venture led by Ken Buckman and Bert Castillo has paid nearly $30 million, or $6802/sf, for the 441,034 square feet of office space at 121 West Wacker Drive in downtown Chicago The local investors acquired it from...
Commercial Real Estate Direct Staff Report An affiliate of Bronstein Properties has paid $41 million, or nearly $195/sf, for the 210,853-square-foot Gardens retail property in the northwestern New Jersey community of Flanders Bronstein, a Forest...
Crain’s Chicago Business ICM Properties has paid $31 million, or $430,556/unit, for the 72-unit Medallion apartment property in Chicago’s Lakeview neighborhood The Chicago company acquired the property, at 3121 North Broadway, from JSM...
Crain’s Chicago Business Novak Development has sold Webster Place, a 136,000-square-foot retail center in Chicago’s Lincoln Park neighborhood, for $678 million, or $49853/sf The local developer, which bought the property in 2021 for $293...
Crain’s Chicago Business An affiliate of Community America Credit Union has filed a $236 million foreclosure lawsuit against the owner of the 11 million square-foot office property at 35 West Wacker Drive in downtown Chicago The credit union...
Commercial Real Estate Direct Staff Report Freddie Mac funded $16 billion of multifamily loans during the third quarter, down 36% from the $25 billion it funded a year ago and 11% from the $18 billion it funded in the second quarter The...
Multi-Housing News A venture of Timberlane Partners and EOS Residential Investors has paid $828 million, or $246,428/unit, for the 336-unit Canopy apartments in the Seattle suburb of Everett, Wash Timberlane, of Seattle, and EOS, of New York,...
The Real Deal Graymark Capital has paid $358 million, or $45780/sf, for the 78,200-square-foot office and research and development property at 1450 Kifer Road in Sunnyvale, Calif The San Francisco real estate firm acquired the building from...
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