Washington Business Journal Pantzer Property Management has paid $2115 million, or $480,682/unit, for the 440-unit Witmer apartment building in the Washington, DC, suburb of Arlington, Va The Manhattan apartment owner acquired the property from...
Philadelphia Business Journal A venture of Namdar Realty Group, Mason Asset Management, and CH Capital Group is under contract to purchase the Willow Grove Park Mall in Willow Grove, Pa The New York-based buyers are buying the property from PREIT of...
Four CMBS trusts that hold $13198 million of loans against six Houston-area apartment properties are on the cusp of taking, or already have taken, title to the properties Two loans were originated less than two years...
The Parkhill City apartment complex, with 538 units in the Jamaica section of Queens, NY, has been reappraised at a value of only $1786 million, or nearly half the $325 million value pegged to it in...
Washington Business Journal Finmarc Management has paid $775 million, or $16848/sf, for Highline at Greensboro, a 460,000-square-foot office complex in Tysons, Va The Bethesda, Md, investor purchased the two-building property from CIM Group of Los...
The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
Philadelphia Business Journal Zamir Equities is offering for sale a three-building office portfolio in Philadelphia’s Southern New Jersey suburbs totaling more than 315,000 square feet The New York investor has hired Marcus & Millichap to...
CMBS lenders appear to be easing their underwriting standards when it comes to leverage levels for office loans that have been securitized through conduit deals...
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