Commercial Property Executive Newport National Corp has paid $968 million, or $37231/sf, for Hobble Creek Business Park, a three-building industrial property with 260,000 square feet in Springville, Utah, a city that’s 50 miles south of Salt...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Benefit Street Partners has provided $821 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis The three-year loan, which could be extended by up to two additional...
Bloomberg Spear Street Capital has agreed to pay about $280 million, or $29661/sf, for US Bank Center, a 944,000-square-foot office property in Seattle The San Francisco investor would be acquiring the property from Blackstone, which bought it in...
Commercial Real Estate Direct Staff Report Nationwide has provided $335 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave in Cerritos, Calif, about 16 miles south of Los Angeles JLL Capital Markets...
Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, NY The oceanfront property, at 21 Oceanview Terrace, is...
ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International The loan facility was arranged by Walker & Dunlop The portfolio that backs...
Bloomberg A venture of Oxford Properties Group and Related Cos has lined up $14 billion in financing against 10 Hudson Yards, a 181 million‑square‑foot office building in Manhattan A group of lenders led by Wells Fargo Bank and Goldman Sachs...
Atlanta Business Chronicle UAC Investments II LLC has paid $156 million, or $100,000/unit, for Avondale Reserve Apartment Homes, a 156‑unit complex in Avondale Estates, Ga, about nine miles east of Atlanta The Charlotte, NC, company purchased the...
Commercial Property Executive Lovett Industrial has broken ground on North Park Logistics Center, a 11 million-square-foot industrial property in Glendale, Ariz The Houston developer is building the property at the intersection of Northern Parkway...
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