The Real Deal KKR Real Estate has paid $3465 million, or $544,811/unit, for Lynhaven, a 636-unit apartment property in San Jose, Calif The seller was not immediately known Lynhaven, at 919 South Winchester Blvd, was built in 2020 and has one-, two-,...
A venture of Rockpoint and Newbond Holdings has paid $471 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale, Curio Collection by Hilton The venture bought the five-year-old property, which sits on a waterfront parcel at 525...
Atlanta Business Chronicle Link Logistics has paid $4225 million, or $18327/sf, for a 230,530-square-foot industrial building at 460 Horizon Drive in Suwanee, Ga, a suburb of Atlanta The industrial investment arm of Blackstone purchased the property...
Philadelphia Business Journal Burlington Stores has agreed to pay $240 million, or $54422/sf, for a 441,000-square-foot office building at 3151 Market St in Philadelphia’s University City neighborhood The Burlington Township, NJ, retailer is...
Commercial Real Estate Direct Staff Report Commercial real estate transaction volume reached $2336 billion during the first half, according to Avison Young That’s up 147% from the $2037 billion of volume recorded a year ago The first quarter...
Denver Business Journal TRC Retail has paid $26 million, or $16456/sf, for Ralston Square, a 158,000-square-foot shopping center in the Denver suburb of Arvada, Colo The Costa Mesa, Calif, company bought the property from an affiliate of Regency...
Denver Business Journal Carmel Partners has paid $110 million, or $390,071/unit, for the 282-unit Fitzgerald apartment complex in downtown Denver The San Francisco multifamily owner purchased the property from its developer, Greystar of Charleston,...
Frontier Realty Group has paid $75 million, or just more than $251/sf, for the 298,694-square-foot Miracle Mile shopping center in the Pittsburgh suburb of Monroeville, Pa The company is a venture of New York investors Wharton Realty Group and...
The volume of CMBS loans that are more than 30 days with their payments declined by $72 million last month, meaning it stayed relatively unchanged at $4742 billion...
Commercial Real Estate Direct Staff Report Modestly higher interest rates during the second quarter weighed on life insurance companies’ commercial mortgage holdings, as the LifeComps Total Return index posted a 098% total return during the...
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