South Florida Business Journal Publix Super Markets has paid $8325 million, or $40661/sf, for Airpark Plaza, a 204,740-square-foot shopping center in Miami The Lakeland, Fla, grocery chain acquired the retail property from an affiliate of First...
The modification of the $425 million mortgage against the 119 million-square-foot JACX office complex atop the Queens Plaza commuter hub in Queens, NY, has been completed, with its term extended by at least three years to September...
Commercial Property Executive PCCP has provided $683 million of financing against Palm Gateway Logistics Center, a 614,544-square-foot industrial park in Mesa, Ariz The financing allows the property’s owner, Logistics Property Co, to take out...
Underwriters led by JPMorgan Securities are preparing to launch a massive single-borrower CMBS transaction that would allow for the refinancing of a $177 billion debt package against the 178 million-square-foot office building at 245 Park Ave in...
MetLife Investment Management has provided $354 million of financing for the construction of a 150,000-square-foot flex/research and development property at 161 Concord Road in the Boston suburb of Billerica, Mass The property is being developed by...
Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
Charlotte Business Journal ESJ Capital Partners has paid $295 million, or $204,861/unit, for the 144-unit Bridges of Cabarrus apartment property in the Charlotte, NC, suburb of Kannapolis, NC The Miami real estate investor acquired the community...
Charlotte Business Journal Investicore Holdings USA has paid $64 million, or $11252/sf, for ThExchange, a 568,811-square-foot office park in Charlotte, NC The local real estate investment firm bought the 14-building property from Ares Management...
Triangle Business Journal Walde Enterprises has paid $3145 million, or $116,481/unit, for the 270-unit Collins Crossing apartment community in Carrboro, NC The Bethesda, Md, company acquired the property from Laramar Group of Chicago, which had paid...
Dwight Capital has provided $60 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program for the 194-unit Birchwood Grove townhome property in Davenport, Iowa Loans under the 223(f) program fully...
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.
