Affinius Capital has provided a $300 million loan against the 495-unit apartment property at 102 Fleet St in downtown Brooklyn, NY The property is owned by the Jay Group of Brooklyn, which will use proceeds of the financing to fund construction...
Commercial Real Estate Direct Staff Report AndMark Management Co has paid $2825 million, or $103,860/unit, for the 272-unit Brookwood apartment property in Tucson, Ariz The Los Angeles investment manager, which invests in apartment properties...
Atlanta Business Chronicle A venture of Songy Highroads & Hyatt Hotels Corp has lined up $336 million of fresh financing against the 175-room Hyatt Place Atlanta/Centennial Park hotel in Atlanta Ramsfield Hospitality Finance provided the loan,...
South Florida Business Journal Hallandale Pharmacy has paid $3827 million, or $38711/sf, for the 98,860-square-foot Stirling Logistics Center in Hollywood, Fla The drug compounding company purchased the warehouse property from a venture of Clarion...
Axonic Capital, confident that the commercial real estate sector is at an inflection point, is aiming to triple its lending activity this year and possibly double its investment activity in distressed...
Orlando Business Journal Envolve Communities has bought the Crestwood Apartments, a 216-unit complex in St Cloud, Fla, for $343 million, or $158,796/unit The Montgomery, Ala, multifamily investor purchased the property from an undisclosed seller It...
Tampa Bay Business Journal Ram Realty Advisors has paid $131 million, or $400,612/unit, for Beacon 430, a 327-unit apartment complex in downtown St Petersburg, Fla The Palm Beach Gardens, Fla, company purchased the four-story property from Ascent...
Pearlmark Real Estate has provided a $70 million loan against the 525,000-square-foot Tri-State Distribution Center in Claymont, Del, near Wilmington, Del The three-year loan, arranged by JLL Capital Markets, allowed the property’s owner, a...
Atlanta Business Chronicle Onward Investors has taken title to the 306,000‑square‑foot office property at 800 and 900 North Point Parkway in the Atlanta suburb of Alpharetta, Ga The Minnetonka, Minn, investment services firm had purchased the...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has provided $49 million of mortgage financing to facilitate TKF Burnside Real Estate Partners’ $675 million purchase of the 393,710-square-foot office property at 360 Hamilton Ave...
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