Multi-Housing News Living Residential has paid $1159 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, NJ, which is just outside of Princeton, NJ The Lakewood, NJ, investor acquired the...
Bridge Capital Partners has paid $105 million, or $432,098/unit, for the 243-unit Sunset Towers apartment property in San Francisco The multi-family office acquired the property, at 8 Locksley Ave, from AvalonBay Communities Inc The deal was...
Commercial Real Estate Direct Staff Report Gantry has arranged $73 million of Fannie Mae financing against the 425-unit Prairie Creek Apartments and Townhomes in Lenexa, Kan, a southern suburb of Kansas City The five-year loan pays a fixed coupon...
Mesa West Capital has provided $505 million of mortgage financing against the 308-unit Gran Bay Apartments in Jacksonville, Fla The loan has a term of up to five years and allows the property’s owner, Beachwold Residential of New York, to...
Bisnow BXP Inc has sold its 50% stake in the 734,000-square-foot office property at 7750 Wisconsin Ave in Bethesda, Md, to its partner, Bernstein Cos of Washington, DC, in a deal that values the four-year-old building at $430 million BXP, of Boston,...
South Florida Business Journal M&T Bank has provided $160 million of construction financing for the initial phase of the Town Square Apartments in Boynton Beach, Fla Time Equities of New York recently broke ground on the 465-unit first phase,...
Puget Sound Business Journal Northwestern Mutual has provided $53 million of financing against the 167-unit apartment property at 110 Roy St in Seattle The five-year loan was arranged by Cushman & Wakefield on behalf of the property’s...
Orlando Business Journal An affiliate of Agree Realty Corp has paid $241 million, or $20580/sf, for the 117,103-square-foot retail building occupied by BJ’s Wholesale Club in Kissimmee, Fla The Farmington Hills, Mich, REIT purchased the property...
Blue Owl Real Estate Capital Inc has agreed to buy Sila Realty Trust Inc, a Tampa, Fla, REIT that owns 137 net-leased healthcare properties, for $3038/share, valuing the deal at $235 billion, after the assumption of debt...
New York Business Journal Spear Street Capital has paid $505 million, or $1,364/sf, for the 37,000-square-foot office building at 74 Eighth Ave in the West Village area of Manhattan The San Francisco investment manager bought the property from G4...
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