South Florida Business Journal Welltower Inc has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla, for $872 million, or about $231,300/unit The Toledo, Ohio, company bought the property from Focus...
Commercial Real Estate Direct Staff Report Beal Bank has provided $176 million of non-recourse mortgage financing against four retail properties owned by CBL & Associates Properties Inc, allowing the Chattanooga, Tenn, REIT to completely...
Crain’s Chicago Business Standard Real Estate Investments and Belay Investment Group has paid $61 million, or $238,281/unit, for Martin’s Point, a 256-unit apartment property in the Chicago suburb of Lombard, Ill Standard and Belay, both...
Commercial Observer MF1 Capital has provided $170 million of financing for the completion of the 354-unit apartment property at 2366 Bedford Ave in the Flatbush neighborhood of Brooklyn, NY The property, which is set to open this year, is being...
National Life Group has provided $2675 million of financing against the 90-unit 8th & U Apartments in San Diego Northmarq arranged the three-year loan, which can be extended The property, at 3843 8th Ave, was developed last year by Greenline...
The Real Deal A venture of Metro Loft Management and Quantum Pacific Group has agreed to pay about $100 million, or $26254/sf, for One Whitehall St in Lower Manhattan, with plans to convert the 380,895-square-foot office building into apartments The...
Real Estate NJ Maersk has leased 233,492 square feet at the 515,600-sf 200 Linden Logistics Center industrial property in Linden, NJ The newly built property, at 200 Linden Logistics Way, is owned by a venture of PGIM Real Estate, Advance Realty...
Denver Business Journal The Dinerstein Cos has paid $1373 million, or $629,816/unit, for Steele Creek, a 218-unit apartment property in Denver The Houston investment firm acquired the property, at 3222 East 1st Ave, from UDR Inc, which bought it in...
QuadReal Property Group has provided $144 million of financing for the construction of Carina, a 408-unit apartment property in Santa Ana, Calif JLL arranged the three-year loan, which pays a floating-rate coupon, on behalf of the property’s...
Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan The Cayre family office, which is led by...
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