South Florida Business Journal Bowery Properties has bought Cascades at the Hammocks, a 264‑unit apartment property in Miami, for $655 million, or $248,106/unit The local investor purchased the three-story complex from an affiliate of Grand Peaks...
South Florida Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter‑day Saints, has paid $240 million, or $526,316/unit, for Uptown Boca Villas, a 456‑unit apartment complex in...
Houston Business Journal MetroNational has acquired the Moran CityCentre, a 244‑room luxury hotel in Houston The local company purchased the property from Midway, also of Houston The purchase price was not immediately known Moran CityCentre, at...
Pittsburgh Business Times An affiliate of Roadside Development has paid $1523 million, or $9120/sf, for the Galleria of Mt Lebanon, a multi‑level retail property totaling a little more than 167,000 square feet in the Pittsburgh suburb of Mt...
Baltimore Business Journal Amazon Data Services has paid $152 million, or $13694/sf, for the 111,000-square-foot Stone Manor office building in Owings Mills, Md, a suburb of Baltimore The tech giant purchased the building from T Rowe Price Group,...
Albany Business Review MLG Capital has paid $555 million, or $277,500/unit, for the Kensington at Halfmoon, a 200‑unit apartment complex in Halfmoon, NY The Brookfield, Wis, investment firm purchased the six-building property from Richbell Capital...
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $1633 million, or $29741/sf, for the 549,076-square-foot office building It funded its...
Commercial Real Estate Direct Staff Report Blackstone Real Estate Debt has provided $8999 million of financing against the 353-unit Rye Sobo apartment property in Denver JLL Capital Markets arranged the loan on behalf of the property’s...
MGR Real Estate has paid $2468 million, or $23207/sf, for the 106,345-square-foot Lakeview office property in Ontario, Calif The local investor acquired the two-building property, at 3257 East Guasti Road, from BH Properties, which was represented...
Boston Business Journal An affiliate of Fidelity Investments has paid $100 million, or $42017/sf, for a 238,000‑square‑foot warehouse property at 800 Salem St in the Boston suburb of Wilmington, Mass The Boston investor purchased the industrial...
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