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...
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...
Crain’s New York Business Chess Builders has paid $196 million for adjacent development sites at 346 Lorimer St and 56 Meserole St in the Williamsburg section of Brooklyn, NY The Brooklyn developer acquired the sites from the estate of Gregory...
Crain’s Chicago Business A venture of Magellan Investment Partners and Intercontinental Real Estate has paid $126 million, or $379,518/unit, for the 332-unit apartment building at 73 East Lake St in Chicago Magellan, of Chicago, and...
South Florida Business Journal Cabot Properties has purchased two industrial buildings totaling 316,978 square feet at 1673 and 1715 Meathe Drive in Palm Beach County, Fla, for $796 million, or $25112/sf The Boston company purchased the properties...
Orlando Business Journal Avanath Capital Management has paid $735 million, or $218,750/unit, for the Retreat at Valencia, a 336-unit apartment complex in Orlando, Fla The Irvine, Calif, affordable housing owner purchased the property from Concord...
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