Commercial Real Estate Direct Staff Report Black Diamond Capital Management, which late last year bought the distressed $4185 million CMBS loan against the Palisades Center Mall in Rockland County, NY, has taken over the 23 million-square-foot...
Charlotte Business Journal National Kitchen & Bath Cabinetry Inc has bought a 247,000-square-foot industrial building within the Axial Bonds Farm industrial complex in Concord, NC, for $30 million, or $12146/sf The local cabinet supplier for...
South Florida Business Journal Ocean Bank has originated $433 million of construction financing for Nexus Leah, a 189-unit apartment building in Hialeah, Fla The eight-story project is being developed by a venture of Development Alliance and 1140...
Commercial Observer GDC Properties has paid $241 million, or $803,333/unit, for the 30-unit apartment property at 335 Carroll St in the Carroll Gardens section of Brooklyn, NY The Hawthorne, NY, developer acquired the property from Solon Mack...
The Real Deal The Gutow Co has teamed with Vertical Partners LLC to buy the 246,955-square-foot office building at 12001 North Central Expressway in Dallas The locally based companies purchased the 13-story property from Atlas Coit Central LLC,...
Multi-Housing News New York Life Insurance Co has provided $61 million of financing for the purchase of the 424-unit Capitol at Stonebriar apartment complex in the Dallas suburb of Frisco, Texas Tanglewood Property Group of Houston purchased the...
South Florida Business Journal An affiliate of RK Centers has sold the 31,835-square-foot shopping center at 2178 NE 123rd St in North Miami for $1576 million, or $49505/sf The Sunny Isles Beach, Fla, company sold the retail property to a company...
PCCP LLC has paid $1416 million, or $11652/sf, for the 121 million-square-foot industrial property at 3419 Ritner Highway in the Cumberland County, Pa, town of Newville, about 34 miles southwest of Harrisburg, Pa The Los Angeles investor acquired...
South Florida Business Journal Ocean Bank has provided a $70 million construction loan for the 142,153-square-foot mixed-use project at 20955 Biscayne Blvd in Aventura, Fla Centtral Aventura LLC, which is led by Jacobo Cababie Dichi of Aventura,...
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