Commercial Real Estate Direct Staff Report An affiliate of Irgang Group has paid $85 million, or $31025/sf, for the 273,973-square-foot Gilbert Gateway Towne Center retail property in the Phoenix suburb of Mesa, Ariz The New York investment firm...
Canadian Imperial Bank of Commerce has provided $381 million of financing for the construction of a 149-unit apartment property at 310 West Huron St in Chicago’s River North neighborhood JLL Capital Markets arranged the three-year loan on...
Dwight Capital has provided $60 million of mortgage financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 184-unit Lotus Alchemy apartment property in downtown Salt Lake City Loans...
Commercial Real Estate Direct Staff Report Citi Real Estate Funding Inc has provided $83 million of mortgage financing against the 331,744-square-foot office property at 50 West 23rd St in the Midtown South section of Manhattan The loan, which is...
Tavros has paid $143 million for the development site at 250 Water St in Manhattan’s Financial District, with plans for a 600-unit apartment property The New York investor acquired the site from Howard Hughes Corp of Dallas, which bought it in...
Dwight Capital has provided $110 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 403-unit Fifty Five Union apartment property in Newark, NJ The property, at 55 Union St, is in the...
Commercial Observer Dan Hotels has paid $121 million, or $458,333/room, for the 264-room NoMo SoHo Hotel at 9 Crosby St in the SoHo section of Manhattan The Israeli hotel company, which owns 18 properties in Israel and one in Bangalore, India,...
South Florida Business Journal Grand Peak Properties has paid $395 million, or $182,870/unit, for Princeton Groves, a 216-unit apartment complex in the Miami suburb of Princeton, Fla The Denver company purchased the property from Marlin Spring US...
Atlanta Business Chronicle Goldman Sachs has bought the 210-unit 92 West Paces Ferry Road apartment complex in Atlanta for $908 million, or $432,381/unit The New York investment banking giant purchased the nine-story property from Mesirow, a...
Tampa Bay Business Journal High Street Logistics Properties has purchased the recently completed industrial building at 9411 Belcher Road North in Pinellas Park, Fla, for $184 million, or $21309/sf The Oakbrook Terrace, Ill, company purchased the...
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