The nation's largest apartment REITs, which own 493,639 units, are falling behind the broader market in terms of rent growth But the rents they're generating remain at levels higher than the national average...
Atlanta Business Chronicle LM Real Estate Partners has purchased the 154,000-square-foot industrial building at 5000 Highlands Parkway in Smyrna, Ga, for $27 million, or $17532/sf The New York investment firm bought the property from Berkeley...
Charlotte Business Journal Elite Logistix has signed a seven-year lease for 221,000 square feet of industrial space at 4140 Pleasant Road in Fort Mill, SC, a suburb of Charlotte, NC The Rock Hill, SC, third-party logistics company leased the space...
Commercial Real Estate Direct Staff Report An affiliate of Cannon Commercial Inc has paid $240 million, or $9266/sf, for a portfolio of seven industrial properties totaling 259 million square feet in Nevada, Illinois, and Ohio The Los Angeles...
Charlotte Business Journal Tishman Speyer has acquired Berkshire Dilworth, a 296-unit apartment community in Charlotte, NC, for $763 million, or $257,770/unit The New York investment manager purchased the property, at 1351 East Morehead St, through...
Charlotte Business Journal Stonemont Financial Group has acquired two industrial properties totaling 596,099 square feet at 5910 and 5808 Long Creek Park Drive in Charlotte, NC, for $873 million, or $14645/sf The Atlanta investor purchased the...
South Florida Business Journal Harbor Group International has bought the 505-unit Emerald Palms Apartments in Miami for $109 million, or $215,842/unit The Norfolk, Va, company purchased the property from Milestone Group of Dallas, which had acquired...
PXV Multifamily, formed late last year by Matt Ferrari, the former co-chief investment officer of TruAmerica Multifamily, has completed its first acquisition, paying $295 million, or $136,574/unit, for the 216-unit Village on the Green apartment...
An investment vehicle managed by BlackRock was the buyer of Camden Property Trust’s 11 California apartment properties with 3,609 units It paid $163 million, or $451,648/unit JLL Capital Markets arranged the deal, along with $5666 million in...
Commercial Real Estate Direct Staff Report Ladder Capital Corp has provided $415 million of mortgage financing against the 384,931-square-foot Meridian Mark office complex in the Indianapolis suburb of Carmel, Ind The loan, with a 679% coupon,...
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