The proposed $131 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart The enclosed shopping mall has been under the oversight of a court-appointed receiver since 2022 It backs a $3742 million mortgage that's...
Commercial Real Estate Direct Staff Report An affiliate of Rreef America has paid $816 million, or $293,525/unit, for the 278-unit Alta Rise apartment property in Gilbert, Ariz Rreef, an affiliate of Deutsche Wealth Management, acquired the property...
South Florida Business Journal An affiliate of O’Connor Capital Partners has paid $1701 million, or $26422/sf, for a 64,377-square-foot warehouse property at 1600 NW 165th St in Miami Gardens, Fla The New York company acquired the industrial...
Crain’s Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill The New York investment firm acquired the property, at 23760 West 127th St, from JVM Realty,...
South Florida Business Journal Interface Properties has paid $40 million, or $21108/sf, for Fountains Center, a 189,542-square-foot office and retail property in Boca Raton, Fla The local company purchased the seven-building complex from a company...
Charlotte Business Journal Harbor Group International has paid $555 million, or $233,193/unit, for Chronicle Mill, a 238-unit apartment complex in the Charlotte, NC, suburb of Belmont, NC The Norfolk, Va, investor purchased the property from Armada...
Citybiz Provident Industrial has acquired Commerce 45, a 15 million-square-foot industrial property in Hutchins, Texas, about 13 miles south of downtown Dallas The affiliate of Provident Realty Advisors of Dallas purchased the two-building property...
Citybiz Brixton Capital has acquired Allura Las Colinas, a 288-unit apartment complex in Irving, Texas The seller and purchase price were not disclosed JLL Capital Markets brokered the deal The property, at 6445 Love Drive, serves a collateral for a...
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto...
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.
