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Home > 208-Unit Apartment Property in Manhattan Trades Hands for $810Mln; Condo Conversion Planned
Principal Financial Group has paid $8063 million, or $21051/sf, for the 383,000-square-foot Capital Marketplace retail property in Raleigh, NC The Des Moines, Iowa, company purchased the property from Finmarc Management Inc, which purchased it in...
Affinius Capital and Axonic Capital have partnered to provide $43 million of construction financing to fund the 104-unit second phase of the Bayside Sarasota apartment project in the Gulf Coast city of Sarasota, Fla The seven-story building is being...
A venture of Basis Industrial and One Investment Management has paid $8948 million, or nearly $144/sf, for a portfolio of 25 shallow-bay industrial buildings with 621,759 square feet in the suburban Atlanta The venture bought the portfolio from...
The Real Deal Barings has provided $374 million of financing for the first phase of the Williamsburg Wharf mixed-use project in the Williamsburg area of Brooklyn, NY A venture of Naftali Group and Access Industries is developing the project Its...
Multi-Housing News Deutsche Bank has provided a $741 million loan for the multifamily conversion of the 126,000-square-foot Bank of Italy office property in downtown San Jose, Calif The loan was arranged by Cushman & Wakefield on behalf of a...
The Real Deal An affiliate of Hennick & Co has paid $66 million, or $857,143/room, for the shuttered Chambers Hotel Central Park South in Midtown Manhattan The Toronto investment company bought the 14-story property from an affiliate of BD...
Baltimore Business Journal Rose Valley Capital has paid $671 million, or $169,444/unit, for Crossings at White Marsh, a 396‑unit apartment complex in Nottingham, Md The Brooklyn, NY, investor acquired the garden‑style property from Continental...
South Florida Business Journal A venture of Madison Realty Capital and Siguler Guff has provided $126 million of construction financing for the Twenty Sixth & 2nd Wynwood Residences, a 233‑unit condominium project in Miami A venture of PMG and...
Orlando Business Journal Midtown Capital Partners has secured a $37 million bridge loan for the construction of the 171-unit Astor Pointe apartment project in Palm Bay, Fla RMWC provided the two-year, floating-rate loan, which was arranged by...
A venture between Harbor Associates and Farallon Capital Management has paid $81 million, or $28929/sf, for the Yorba Linda Commerce Center, a 280,000-square-foot industrial complex in the Orange County, Calif, city of Yorba Linda The venture bought...
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