Commercial Real Estate Direct Staff Report A total of $224 billion in securitized seniors-housing debt is scheduled to reach hard maturity between next month and December 2027 A hard maturity represents a loan with no remaining contractual extension...
Forbright Bank has provided $4975 million of financing against Lakeview Innovation Center, a 275,000-square-foot office and research and development property in Thousand Oaks, Calif JLL arranged the three-year loan on behalf of the property’s...
Crain’s Chicago Business Phillips Edison & Co has paid $528 million, or $21966/sf, for Rice Lake Square, a 244,924-square-foot shopping center in Wheaton, Ill The Cincinnati REIT purchased the retail property, at 1 Rice Lake Square, from...
Austin Business Journal Brandywine Realty Trust has sold the Solaris, a 341-unit apartment property in Austin, Texas, for $136 million, or $398,827/unit The buyer was not immediately known Solaris, at 11501 1/2 Burnet Road, opened two years ago and...
South Florida Business Journal A venture of BGO and Banner Property Group has paid $3615 million, or $23721/sf, for the 152,399-square-foot cold-storage facility at 12345 NW 38th Ave in Opa-locka, Fla The venture acquired the property from an...
TruAmerica Multifamily has paid $1205 million, or $270,179/unit, for the 446-unit Bricks at Perimeter Center apartment complex in Dunwoody, Ga The Los Angeles investment firm acquired the property from Clark Ventures of Atlanta in a deal brokered by...
Commercial Property Executive Benderson Development has paid $603 million, or $464/sf, for the 130,000-square-foot retail center at 421 Alakawa St in Honolulu The University Park, Fla, company acquired the property from Alexander & Baldwin,...
Multi-Housing News Post Investment Group has paid $60 million, or $198,675/unit, for Violet on Virgil, a 302-unit apartment property in Los Angeles The Beverly Hills, Calif, company acquired the property from Blackstone’s LivCor unit, which...
South Florida Business Journal Affiliates of Brasswater have paid $4804 million for a pair of Hampton Inn hotels with a total of 274 rooms in Palm Beach County, Fla, in separate transactions The Montreal real estate firm acquired both properties...
Houston Business Journal A venture of Simi Capital and Decker Capital has acquired three small-bay industrial properties totaling more than 360,000 square feet in Houston The sellers were not identified Sapphire Industrial Lending provided...
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