South Florida Business Journal The buzz is that a venture led by billionaire Ken Griffin has paid $180 million, or $60403/sf, for the 298,000-square-foot 545 Wyn office building in Miami Griffin, chief executive of Citadel, has partnered with...
RXR Realty Inc has acquired a 45% stake in the Solow Tower Apartments and the nearby Solow Townhouses on Manhattan’s Upper East Side, in a deal that values the buildings at about $435 million The New York investor acquired the stake from GO...
Clarion Partners has paid $715 million, or $17050/sf, for the 419,358-square-foot industrial property at 320 South 91st Ave in Tolleson, Ariz, a western suburb of Phoenix The New York investment manager acquired the property, at 320 South 91st Ave,...
PGIM has provided $825 million of financing against two apartment properties with a combined 408 units in Salt Lake City Northmarq arranged the debt on behalf of the properties’ owner and developer, a venture of Hamilton Partners of Itasca,...
Puget Sound Business Journal An affiliate of Arise Capital has paid $373 million, or $227,439/unit, for the 164-unit Wellington Place Apartments in Burien, Wash, a southern suburb of Seattle The Seattle investor acquired the property, at 327 South...
An entity doing business as Normandy National Pike LLC has paid $575 million, or $31081/sf, for the 185,000-square-foot Normandy Shopping Center in Ellicott City, Md The investment group, which is led by local residents Gurmit, Ish, and Maninder...
Commercial Observer Bank OZK and Affinius Capital have provided $1407 million of financing for the development of the Piazza at Ardmore, a 270-unit apartment property in the Philadelphia suburb of Ardmore, Pa The bank provided $1126 million of...
Denver Business Journal Sagard Real Estate has paid $27 million, or $16626/sf, for the 162,400-square-foot industrial property at 2402 R St NW in Auburn, Wash, a southern suburb of Seattle The Denver investor acquired it from the Laskey Family Trust...
Jacksonville Daily Record CIP Real Estate has paid $5386 million, or $12673/sf, for the 425,000-square-foot JAX Airport Logistics Center in Jacksonville, Fla The Irvine, Calif, company purchased the two-building warehouse property from an affiliate...
Triangle Business Journal A joint venture led by Highwoods Properties has bought Bloc83, a 495,121-square-foot mixed-use development in downtown Raleigh, NC, for $2105 million, or $42515/sf The local real estate company teamed with the North...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
