Commercial Real Estate Direct Staff Report An affiliate of Benedict Canyon Equities has sold the 206-unit Element Apartments in Reno, Nev, for $41 million, or $199,029/unit The seller could not yet be identified Benedict Canyon, of Los Angeles, had...
Commercial Real Estate Direct Staff Report Safehold Inc has acquired the ground-lease interest in the 207-unit apartment property that’s being developed at 6033-6039 De Soto Ave in Woodland Hills, Calif, a suburb of Los Angeles Safehold is a...
Apollo Global Management and CenterSquare Investment Management have provided a $106 million loan against Building B @ Interstate Crossings, a 618,048-square-foot industrial property at 0 Pugsley Road in Brewster, NY JLL Capital Markets arranged the...
Bisnow Pacific Retail Capital Partners has taken control of the 402,929-square-foot Resurgens Plaza office building in Atlanta in a deed-in-lieu of foreclosure The Los Angeles company took the 27-story building from Zeller Realty Group of Chicago,...
South Florida Business Journal Griffis Residential has paid $41 million, or $284,722/unit, for Saba Pompano Beach, a 144-unit apartment complex in Pompano Beach, Fla The Greenwood Village, Colo, multifamily investor purchased the eight-story...
South Florida Business Journal Mele Management Co has sold the 106-unit Boca Villas Apartments in Boca Raton, Fla, for $30 million, or $283,019/unit The locally based firm sold the property to a limited liability company led by Matthew Paul of...
Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $534 million, or $175,657/unit, for Retreat at Speedway, a 304-unit apartment property in Tucson, Ariz The Irvine, Calif, investment manager acquired the property, at...
Commercial Observer Maheshchand Ratanji has paid $265 million, or $149,717/room, for the 177-room Holiday Inn Express Manhattan Midtown West Hotel in Manhattan The North Bergen, NJ, hotelier acquired the 11-story building from Roufail Real Estate...
LA Business First Orden Co has paid $57 million, or $22117/sf, for the 257,722-square-foot industrial building at 875 West State St in Ontario, Calif The Santa Fe Springs, Calif, developer acquired the warehouse from IHC State LLC in a deal brokered...
Commercial Observer Wells Fargo Bank has provided a $250 million loan against AtlanticBK, a 456-unit apartment property in the Bedford-Stuyvesant section of Brooklyn, NY The 17-story property, at 1057 Atlantic Ave, is owned by a venture led by...
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