Houston Business Journal Sade Real Estate has lined up $1285 million of financing for its purchase of The Arno, a 168‑unit apartment building in Houston Hudson Bay Capital of New York provided the loan, which was arranged by Walker & Dunlop...
AvalonBay Communities and Equity Residential have agreed to merge, creating the nation's largest publicly traded apartment REIT with an enterprise value of $69...
San Antonio Business Journal Platte Canyon Capital has paid about $45 million, or $86,538/unit, for a pair of apartment properties totaling 520 units in the San Antonio area The properties are the Allure Apartments, with 268 units at 7770 Pipers...
Commercial Real Estate Direct Staff Report Glen Una Management Co has paid $28 million, or $13462/sf, for a 208,000-square-foot building within the Innovation Industrial Park in Rossford, Ohio, about six miles south of Toledo, Ohio The Austin,...
Commercial Property Executive Farallon Capital Management has bought a portfolio of nine office buildings totaling 14 million square feet within the Pacific Shores Center office campus in the Silicon Valley city of Redwood City, Calif The San...
Orlando Business Journal An affiliate of Nuveen has paid $374 million, or $179,808/unit, for St Cloud Village, a 208‑unit affordable housing community in Kissimmee, Fla The New York company bought the 16-building apartment complex from companies...
New York Business Journal An affiliate of Valeray Real Estate has paid $433 million, or $394 million/unit, for an 11‑unit apartment building at 73-75 Sullivan St in Manhattan The local developer purchased the property from affiliates of P Zaccaro...
Commercial Real Estate Direct Staff Report Las Vegas developer Eli Applebaum has paid $70 million for a 12-acre development site along the Las Vegas Strip at the southeast corner of Las Vegas Boulevard and Mandalay Bay Road Applebaum acquired the...
Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
Kohan Retail Investment Group has purchased the Pecanland Mall in the northern Louisiana city of Monroe, giving it its second shopping mall in the state It also owns the Pierre Bossier Mall in Bossier City, which it also bought from a CMBS...
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