A venture of PCCP and Alliance Residential Co has paid $653 million, or $354,891/unit, for the 184-unit Hawthorne apartment property in Riverside, Calif The seller was a venture of Carlyle Group and Brandywine Homes, according to a report in...
Commercial Real Estate Direct Staff Report The proposed $131 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart The property is expected to be offered once again The enclosed shopping mall, owned by Watson...
Commercial Real Estate Direct Staff Report An affiliate of Rreef America has paid $816 million, or $293,525/unit, for the 278-unit Alta Rise apartment property in Gilbert, Ariz Rreef, an affiliate of Deutsche Wealth Management, acquired the property...
South Florida Business Journal An affiliate of O’Connor Capital Partners has paid $1701 million, or $26422/sf, for a 64,377-square-foot warehouse property at 1600 NW 165th St in Miami Gardens, Fla The New York company acquired the industrial...
Crain’s Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill The New York investment firm acquired the property, at 23760 West 127th St, from JVM Realty,...
South Florida Business Journal Interface Properties has paid $40 million, or $21108/sf, for Fountains Center, a 189,542-square-foot office and retail property in Boca Raton, Fla The local company purchased the seven-building complex from a company...
Charlotte Business Journal Harbor Group International has paid $555 million, or $233,193/unit, for Chronicle Mill, a 238-unit apartment complex in the Charlotte, NC, suburb of Belmont, NC The Norfolk, Va, investor purchased the property from Armada...
Citybiz Provident Industrial has acquired Commerce 45, a 15 million-square-foot industrial property in Hutchins, Texas, about 13 miles south of downtown Dallas The affiliate of Provident Realty Advisors of Dallas purchased the two-building property...
Citybiz Brixton Capital has acquired Allura Las Colinas, a 288-unit apartment complex in Irving, Texas The seller and purchase price were not disclosed JLL Capital Markets brokered the deal The property, at 6445 Love Drive, serves a collateral for a...
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto...
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