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...
Dwight Investment Management has provided $130 million of bridge financing against the 389-unit Saiya apartment property in downtown Phoenix The 23-story building, at 802 North 1st Ave, is in the city’s Roosevelt Row area, also known as the Ro...
Commercial Real Estate Direct Staff Report Regions Bank has provided $9955 million of financing to help fund Fairbourne Properties’ $122 million, or $17429/sf, purchase of the 724,400-square-foot Village Crossing retail property in the Chicago...
Bucks County Courier Times The demolition of most of the Neshaminy Mall in the Philadelphia suburb of Bensalem, Pa, is scheduled to get underway in December The 105 million-square-foot retail property was purchased two years ago by a venture of...
Commercial Real Estate Direct Staff Report ORIX Real Estate Capital has provided $55 million of mortgage financing against the 200-unit Swell apartments in Seattle The loan, arranged by Newmark, allowed the property’s owner, a venture of Mack...
The Real Deal An affiliate of Goldman Sachs has paid $1545 million, or $389,169/unit, for the 397-unit Modera Academical Village I apartment complex in Davie, Fla The New York company acquired the property from Mill Creek Residential of Boca Raton,...
The Real Deal Galium Capital has paid $287 million, or $183,974/unit, for the 156-unit Arbors Aventura apartment property in North Miami Beach, Fla The Miami real estate investment firm acquired the property from a venture of Mavik Capital...
The Real Deal Redfearn Capital has paid a total of $422 million for two commercial properties along East Atlantic Avenue in Delray Beach, Fla, in separate transactions The local investment firm paid $382 million, or $1,675/sf, at auction for a...
Multi-Housing News JPL Development has secured $483 million of Freddie Mac financing against the Edison at Maple Grove, a 248-unit apartment property in the Minneapolis suburb of Maple Grove, Minn Gantry arranged the 10-year loan, which requires...
Commercial Observer S3 Capital has provided $45 million of construction financing for a planned 99-unit apartment property in the Williamsburg section of Brooklyn, NY GW Infinity of Brooklyn is developing the 17-story project at 277 North Eighth St...
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