Commercial Real Estate Direct Staff Report Levine Investments has paid $615 million, or $20731/sf, for Rio West Business Park, a five-building office property with 296,663 square feet in Tempe, Ariz The Phoenix investment firm acquired it from...
The major mortgage REITs, which originated nearly $50 billion of commercial mortgages in 2021, originated $225 billion of loans last year While far off the record volume of five years ago, it's roughly four times 2024's total...
Benedict Canyon Equities has paid $4275 million, or $323,863/unit, for Sunrise Fountain, a 132-unit apartment property in Anaheim, Calif The Los Angeles investment manager acquired the property, at 2104 South Lewis St, from Consensys Property...
North River Partners and Amzak Capital Management have provided $685 million of financing for the development of the 215-unit Flats Flagler Gateway apartment property in Fort Lauderdale, Fla The 12-story property is being developed on a 146-acre...
Commercial Observer G4 Capital Partners has taken title to the 81,000-square-foot mixed-use property at 206 Kent Ave in the Williamsburg section of Brooklyn, NY The New York lender provided $8425 million of financing in 2020 The property’s...
South Florida Business Journal A venture of Driftwood Capital and Merrimac Ventures has bought the 174‑room Courtyard by Marriott Fort Lauderdale Weston hotel for $2275 million, or $130,747/room A venture of Ashford Hospitality Trust and Artemis...
South Florida Business Journal Related Group and BH Group have lined up $360 million of financing for the construction of the Icon Beach Waterfront Residences in Hollywood, Fla Tyko Capital of New York provided the loan Groundbreaking is scheduled...
South Florida Business Journal A venture of Bain Capital Real Estate and Alliance HP has paid $52 million, or $15476/sf, for Bridge Point Pompano Beach Commerce Park, a 336,000‑square‑foot industrial complex in Pompano Beach, Fla Bain, a Boston...
Charlotte Business Journal A venture of Riverside Investment & Development and Singerman Real Estate has paid $365 million, or $4563/sf, for 301 South Tryon, a two-building office complex in Charlotte, NC The Chicago-based venture purchased the...
Brixton Capital has paid $294 million, or $27518/sf, for Las Palmas Village, a 106,838-square-foot retail center in Las Vegas The Solana Beach, Calif, investment firm acquired the property, at 445 East Windmill Lane, from a group of Australian...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
