Property investor Stockdale Capital Partners has launched a credit platform and plans to lend as much as $300 million in the coming year The Los Angeles investment manager, best known for its opportunistic and value-add investments, has hired Alec...
Multi-Housing News Michelson Organization has paid $725 million, or $272,556/unit, for Peakline at Copperleaf, a 266-unit apartment community in Aurora, Colo The St Louis investment firm acquired the property, at 4343 South Picadilly St, from 29th...
Orlando Business Journal National Healthcare Properties Inc has paid $675 million, or $767,045/unit, for Sonata East at Viera, an 88-unit independent-living community in Viera, Fla The New York company acquired the seniors-housing property from an...
South Florida Business Journal The Mount Vernon Co has paid $6685 million, or $32158/sf, for Promenade Plaza, a 207,877-square-foot shopping center in Palm Beach Gardens, Fla The Boston real estate firm acquired the property from an affiliate of...
Crain’s Chicago Business Stockbridge Capital has paid $865 million, or $11275/sf, for a 767,161-square-foot industrial property at 1125 Remington Blvd in Romeoville, Ill, about 32 miles west of Chicago The San Francisco investor bought the...
Piedmont Realty Trust has paid $5625 million, or $29762/sf, for the 189,000-square-foot Two Liberty Center office building in the Washington, DC, suburb of Arlington, Va The Atlanta REIT purchased the nine-story property from a venture of Rithm...
Dwight Investment Management has provided $130 million of bridge financing against the 389-unit Saiya apartment property in downtown Phoenix The 23-story building, at 802 North 1st Ave, is in the city’s Roosevelt Row area, also known as the Ro...
Commercial Real Estate Direct Staff Report Regions Bank has provided $9955 million of financing to help fund Fairbourne Properties’ $122 million, or $17429/sf, purchase of the 724,400-square-foot Village Crossing retail property in the Chicago...
Bucks County Courier Times The demolition of most of the Neshaminy Mall in the Philadelphia suburb of Bensalem, Pa, is scheduled to get underway in December The 105 million-square-foot retail property was purchased two years ago by a venture of...
Commercial Real Estate Direct Staff Report ORIX Real Estate Capital has provided $55 million of mortgage financing against the 200-unit Swell apartments in Seattle The loan, arranged by Newmark, allowed the property’s owner, a venture of Mack...
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.
