Alternative lender 3650 Capital has provided $42 million of mortgage financing against a portfolio of five self-storage properties with 3,891 units owned by an affiliate of Inland Real Estate Group The four-year loan, which pays a fixed coupon, will...
Madison Newbond has provided $115 million of mortgage financing against the recently completed La Bahia Hotel & Spa in Santa Cruz, Calif The five-year loan was arranged by Sonnenblick-Eichner Co of Los Angeles The 155-room hotel was developed by...
Washington Business Journal The People’s Democratic Republic of Algeria has purchased the 211,452-square-foot office building at 1441 L St NW in downtown Washington, DC, for $415 million, or about $19626/sf The North African nation purchased...
Commercial Real Estate Direct Staff Report PCCP has provided $67 million of financing against the 280-unit Kalaco apartment property in Denver JLL Capital Markets arranged the three-year mortgage on behalf of the property’s owner and...
ColoradoBiz Regency Centers has paid $371 million, or $39137/sf, for Shops at Highland Walk, a 94,795-square-foot retail center in Highland Ranch, Colo, a southern suburb of Denver The Jacksonville, Fla, shopping center investor acquired the...
Tampa Bay Business Journal JBL Asset Management has paid $31 million, or $60784/sf, for Alderman Plaza, a 51,000-square-foot retail property in Palm Harbor, Fla The Hollywood, Fla, developer purchased the shopping center from Alderman Group of St...
Boston Business Journal Mount Vernon Co has paid $44 million, or $220,000/room, for the 200-room North Conway Grand Hotel in North Conway, NH The seller was not immediately identified The property was built in 1989 at 72 Common Court, next to the...
Dwight Capital has provided a $36 million loan under the US Department of Housing and Urban Development’s 223(f) program against the 234-unit Vista on the Park apartment property in Wright City, Mo, about 50 miles west of St Louis The 35-year,...
The Mercury News Apple has paid $1622 million, or $83253/sf, for the 194,827-square-foot office building at 684 West Maude Ave in Sunnyvale, Calif, a city that’s 40 miles south of San Francisco The tech giant acquired it from a venture of...
ACORE Capital has provided $110 million of mortgage financing against Manhattan’s 370 Lexington Ave as part of a recapitalization that involved KSR Capital investing in the 311,628-square-foot office building The 27-story building is owned by...
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