Commercial Real Estate Direct Staff Report Rise48 Equity has paid $217 million, or $200,925/unit, for the 108-unit Northern apartment property in Phoenix The Scottsdale, Ariz, investment manager bought the property, the former Solano Pines at 17840...
New York Life Insurance Co and PGIM Real Estate have provided $332 million of senior and mezzanine financing against the 800-unit NEMA Chicago apartment building across from Grant Park in Chicago New York Life provided $275 million of senior...
Multi-Housing News Concord Summit Capital has arranged $1155 million of financing for the construction of the 457-unit Collins at Union Park apartment property in Fort Collins, Colo The property is being developed by Livmark Communities of Windsor,...
Boyd Wilson LLC has paid $97 million, or $252,604/unit for the 384-unit Landings apartment property in Bethlehem, Pa The Lancaster, Pa, investment manager purchased the property, at 1818 Catasauqua Road, from an investor group, Valley Park South LLC...
Netflix Inc has struck a deal to pay about $400 million for the Radford Studio Center television production studio in Los Angeles The Los Gatos, Calif, entertainment company would be buying the 113 million-square-foot property, the former CBS Studio...
Commercial Real Estate Direct Staff Report A total of $349 billion of previously delinquent CMBS loans were cured, or made performing once again last month, contributing to the 37% reduction in the overall volume of loans that are now more than...
A venture of Eagle Real Estate Partners and Vistria Group has paid $1325 million, or $329,601/unit, for the 402-unit Crystal View Apartments in the Los Angeles suburb of Garden Grove, Calif The venture – Eagle is based in Los Angeles, while...
JPMorgan Chase Bank has provided a $160 million credit facility for Safely Store Self Storage, which is backed by Caisse de depot et placement du Quebec, or simply La Caisse The facility, arranged by JLL Capital Markets, is comprised of a $60...
ConnectCRE Wells Fargo Bank has provided $125 million of financing against Larimer Square, a 513,000-square-foot mixed-use property in downtown Denver that’s owned by Asana Partners of Charlotte, NC, which bought it in 2020 for $925 million...
Goodwill Industries International has paid $1975 million, or $179/sf, for the 110,330-square-foot office building at 761 Wheaton St in Savannah, Ga The five-story building was purchased from an investor group led by Margaret Bowen of Alpharetta, Ga,...
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