Apartment-property sales volume increased during the second quarter to $367 billion from $32 billion in the first, according to Newmark If sales volumes for the year tops last year's, it would mark the third straight year in which volumes have...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank, Bank of America, and Deutsche Bank have provided $340 million of floating-rate financing against the 25 million-square-foot Franklin office property in Chicago’s West Loop...
Affiliates of KKR & Co have provided $72 million of financing against a pair of neighboring retail properties with 334,700 square feet in the Atlanta suburb of Sandy Springs, Ga The two properties are the 158,400-sf Parkside Shops, on a 125-acre...
AZ Big Media Southwest Value Partners has paid $86 million, or $38739/sf, for Esplanade III, a 222,000-square-foot office building in Phoenix The company, co-headquartered in Nashville, Tenn, and San Diego, acquired the 10-story property from an...
South Florida Business Journal Pinnacle has lined up about $314 million of financing for the construction of phase one of the 100-unit Pinnacle at Cypress seniors-housing project in Fort Lauderdale, Fla The financing package includes a $148 million...
Connect CRE Terra has lined up $245 million of permanent financing for the first phase of the $1 billion Upland Park mixed-use development in Miami Slate Property Group provided the loan, with some of its proceeds being used to retire existing...
NorthPoint Development has paid $875 million, or $16369/sf, for a nine-building industrial portfolio with 534,550 square feet in Benicia, Calif, a northern suburb of San Francisco CBRE arranged the transaction on behalf of the portfolio’s...
Minneapolis / St Paul Business Journal Industrial Realty Group has paid $21 million, or $4976/sf, for the former Sportsman’s Guide headquarters and distribution facility in South St Paul, Minn The Los Angeles investor bought the...
South Florida Business Journal Gatsby Florida has lined up $1186 million of construction financing for The Palm mixed-use project in Palm Beach Gardens, Fla Cirrus Real Estate Partners provided the three-year, floating-rate loan, which was arranged...
Ashford Hospitality Trust Inc has sold the 351-room Hyatt Regency Savannah in Savannah, Ga, for $158 million, or $450,142/room The Dallas hotel REIT sold the property to a venture of Certares Real Estate Management of New York and Clearview Hotel...
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