South Florida Business Journal Ralgo Group has paid $535 million, or $200,375/unit, for the 267-unit Treetop Apartments in Miami’s Kendall area The local real estate firm acquired the three-story community from a company led by Miami Beach...
South Florida Business Journal A venture of CP Group, The Georgetown Co, ACRE, and StepStone paid $193 million, or $23031/sf, for the 838,000-square-foot Mizner Park mixed-use property in downtown Boca Raton, Fla The sale was reported earlier this...
Crain’s Chicago Business Grand Lifestyles has paid $63 million, or $157,500/unit, for the 400-unit Foxboro apartments in the Chicago suburb of Wheeling, Ill The Skokie, Ill, company acquired the property, at 470 Foxboro Drive, from a venture...
HealthCore Foundation has paid $130 million, or $58539/sf, for a portfolio of six medical-office buildings with 222,073 square feet in the San Francisco Bay area from NorthBay Health The buildings, in Fairfield and Vacaville, Calif, will be fully...
Crain’s Chicago Business A venture led by Ken Buckman and Bert Castillo has paid nearly $30 million, or $6802/sf, for the 441,034 square feet of office space at 121 West Wacker Drive in downtown Chicago The local investors acquired it from...
South Florida Business Journal Wells Fargo Bank has increased its construction financing against Broken Sound Residences, a 494-unit apartment project under construction in Boca Raton, Fla, to $1765 million The bank assumed an existing $358 million...
Commercial Real Estate Direct Staff Report An affiliate of Bronstein Properties has paid $41 million, or nearly $195/sf, for the 210,853-square-foot Gardens retail property in the northwestern New Jersey community of Flanders Bronstein, a Forest...
Crain’s Chicago Business ICM Properties has paid $31 million, or $430,556/unit, for the 72-unit Medallion apartment property in Chicago’s Lakeview neighborhood The Chicago company acquired the property, at 3121 North Broadway, from JSM...
Crain’s Chicago Business Novak Development has sold Webster Place, a 136,000-square-foot retail center in Chicago’s Lincoln Park neighborhood, for $678 million, or $49853/sf The local developer, which bought the property in 2021 for $293...
Multi-Housing News A venture of Timberlane Partners and EOS Residential Investors has paid $828 million, or $246,428/unit, for the 336-unit Canopy apartments in the Seattle suburb of Everett, Wash Timberlane, of Seattle, and EOS, of New York,...
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