Multi-Housing News Michelson Organization has paid $725 million, or $272,556/unit, for Peakline at Copperleaf, a 266-unit apartment community in Aurora, Colo The St Louis investment firm acquired the property, at 4343 South Picadilly St, from 29th...
Orlando Business Journal National Healthcare Properties Inc has paid $675 million, or $767,045/unit, for Sonata East at Viera, an 88-unit independent-living community in Viera, Fla The New York company acquired the seniors-housing property from an...
South Florida Business Journal The Mount Vernon Co has paid $6685 million, or $32158/sf, for Promenade Plaza, a 207,877-square-foot shopping center in Palm Beach Gardens, Fla The Boston real estate firm acquired the property from an affiliate of...
Crain’s Chicago Business Stockbridge Capital has paid $865 million, or $11275/sf, for a 767,161-square-foot industrial property at 1125 Remington Blvd in Romeoville, Ill, about 32 miles west of Chicago The San Francisco investor bought the...
Piedmont Realty Trust has paid $5625 million, or $29762/sf, for the 189,000-square-foot Two Liberty Center office building in the Washington, DC, suburb of Arlington, Va The Atlanta REIT purchased the nine-story property from a venture of Rithm...
Commercial Real Estate Direct Staff Report Regions Bank has provided $9955 million of financing to help fund Fairbourne Properties’ $122 million, or $17429/sf, purchase of the 724,400-square-foot Village Crossing retail property in the Chicago...
As a percentage of the overall CMBS universe, the special servicing rate is the highest it has been since February 2013, when it was 1152% But the universe back then was smaller than it is today Meanwhile, given the recent workout of a large loan,...
Stockdale Capital Partners has partnered with investment manager Hamilton Lane Inc to pay $157 million, or just more than $415/sf, for the 378,140-square-foot Shoppes at Chino Hills retail property in the Southern California city of Chino Hills The...
The Real Deal An affiliate of Goldman Sachs has paid $1545 million, or $389,169/unit, for the 397-unit Modera Academical Village I apartment complex in Davie, Fla The New York company acquired the property from Mill Creek Residential of Boca Raton,...
Commercial Real Estate Direct Staff Report With its maturity approaching, the $396 million senior CMBS loan against the 632,584-square-foot office building at 85 Tenth Ave, between Manhattan’s Chelsea and Meatpacking districts, has been...
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