Orlando Business Journal An affiliate of Pureland Hospitality has bought the 123-room Home2 Suites by Hilton Lake Mary hotel in suburban Orlando, Fla, for $1797 million, or $146,098/room The New York company purchased the four-story property from a...
Jacksonville Business Journal Florida Value Partners has paid $195 million, or $85,526/unit, for the 228-unit Park at Marbella Apartment Homes in Jacksonville, Fla The Miami company purchased the 26-building property from Blue Roc Premier Properties...
Hoodline Gindi Capital has paid $55 million, or $33742/sf, for the 163,000-square-foot office property at 25 Elm Place in downtown Brooklyn, NY The Gindi family office—Ralph Gindi founded the Century 21 department store chain in 1961—bought the...
Crain’s Chicago Business Barings has provided $1567 million of financing to facilitate Onni Group’s purchase of the 11 million-square-foot office property at 161 North Clark St in Chicago Onni, of Vancouver, British Columbia, paid $125...
South Florida Business Journal An affiliate of Nuveen Real Estate has bought Coral Landings III, a 172,526‑square‑foot shopping center in Margate, Fla, for $463 million, or $26837/sf The Chicago company purchased the retail property from...
Tampa Bay Business Journal An affiliate of NexPoint Advisors has bought the 153‑room Courtyard by Marriott Bradenton Sarasota/Riverfront for $277 million, or $181,046/room The Dallas investment company purchased the five-story property from a...
Commercial Real Estate Direct Staff Report BKM Capital Partners has paid $43 million, or $18534/sf, for the 232,000-square-foot Northwest Business Park industrial property in Phoenix The Newport Beach, Calif, investment manager acquired 11-building...
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...
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...
Multi-Housing News Mill Creek Residential has broken ground on Modera Woodmont Beach, a 290-unit apartment property in Des Moines, Wash The Boca Raton, Fla, developer is building the property at 26915 Pacific Highway South, about 20 miles south of...
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.
