Tampa Bay Business Journal Fairstead has paid $547 million, or $273,500/unit, for the Silver Oaks Apartments, a 200‑unit affordable housing complex in Tampa, Fla The seller was not identified The New York real estate company financed its purchase...
South Florida Business Journal A venture of Artifact Group and Rok Acquisitions has bought the Sheraton Suites Fort Lauderdale West, a 265‑room hotel in Plantation, Fla, for $266 million, or $100,377/room Artifact, of Montreal, and Rok, of Miami,...
Philadelphia Business Journal An affiliate of Bridge Investment Group has paid $87 million, or $25181/sf, for the 345,500‑square‑foot industrial and office complex at 4300 South 26th St in Philadelphia The Salt Lake City investment firm...
REBusiness Online NorthPoint Development will start work soon on a 428,900-square-foot industrial property within the 90 & Randall Logistics Park in Algonquin, Ill The Kansas City, Mo, developer is building the property at Longmeadow Parkway and...
Crain’s Chicago Business The State Teachers Retirement System of Ohio has paid $85 million, or $400,943/unit, for the 212-unit Fynn apartment property in Elmhurst, Ill, a western suburb of Chicago The pension fund acquired the property from an...
The Real Deal Extell Development has acquired the development site at 405-417 Park Ave, between 54th and 55th streets, in Midtown Manhattan for $500 million The New York developer purchased the site from a venture between GDS Development and Swedish...
San Antonio Business Journal Rio Capital Investments has lined up $378 million of financing for its purchase of The Legacy, a 353,000‑square‑foot mixed-use property in San Antonio Nassau CorAmerica provided the loan, which was arranged by CBRE...
Citybiz PlaceMKR has purchased the 612,000‑square‑foot Rankin Yards industrial complex in Houston The Austin, Texas, real estate investment and development firm bought it from one of its tenants, Wellbore Integrity Solutions, which will remain...
Tampa Bay Business Journal OTO Development has paid $315 million, or $308,824/room, for the 102-room Beachcomber Beach Resort in St Pete Beach, Fla The Spartanburg, SC, hotel owner and operator purchased the property from Gencom of Miami, which had...
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