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...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
South Florida Business Journal An affiliate of Global Fund Investments has paid $1725 million, or $11459/sf, for the 150,537-square-foot Oakland Park Festival Center in Oakland Park, Fla The Sunrise, Fla, investor purchased the retail property from...
South Florida Business Journal Waste Connections has paid $51 million for an 119-acre industrial outdoor storage facility at 17707 NW Miami Court in Miami Gardens, Fla The Woodlands, Texas, waste management company purchased the site through its...
Commercial Observer Delshah Capital has paid $1278 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, NY, in separate deals The New York real estate developer paid $458 million for 227 Grand St, which has...
Triad Business Journal Strata Industrial Partners has paid $25 million, or $11172/sf, for Enterprise Industrial Park, a 223,776-square-foot property in High Point, NC The Austin, Texas, investor acquired the 11-building complex from Charis Cos of...
Atlanta Business Chronicle Trinity Property Consultants has paid more than $53 million, or $176,667/unit, for The Eva, a 300-unit apartment complex in Atlanta’s Sandy Springs area The Irvine, Calif, multifamily property owner purchased the...
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