Madison Realty Capital and Cottonwood Group have provided $211 million of financing to fund the construction of the 112-unti LIDO Oceanfront Residences residential condominium property that Inspired by Somerset Development is planning for Asbury...
An affiliate of Principal Real Estate Investors has paid $385 million, or $276,978/unit for the 139-unit Arbor Terrace Citrus Park Independent Living seniors-housing property in Tampa The investment manager bought the eight-year-old property, on a...
Commercial Real Estate Direct Staff Report Owners of 36% of the apartment units in Austin, Texas, are offering concessions to lure tenants to their properties And those conessions amounted to 155% of annualized unit rent in May, according to...
MacNaughton paid $1425 million, or $491,379/unit, for the 290-unit Residences Kierland in Scottsdale, Ariz The Honolulu real estate investor bought the property from Quarterra Multifamily in a deal brokered by CBRE The transaction previously was...
A venture led by Argyle Real Estate Capital has paid $587 million, or $188,141/unit, for the 312-unit Exchange at Westgate apartment property in the Wilmington, NC, suburb of Leland, NC The Tampa real estate investor partnered with Battery Global...
Commercial Real Estate Direct Staff Report Millburn & Co has paid $9525 million, or $280,973/unit, for the 339-unit Longbow apartments in Mesa, Ariz The Salt Lake City investment manager acquired the property, at 2950 North Recker Road, from its...
MDH Partners has paid $677 million, or $12152/sf, for three buildings totaling 557,100 square feet in Lakeland Commerce Center in Lakeland, Fla, about 36 miles east of Tampa International Airport The Atlanta investment manager acquired buildings...
Minneapolis/St Paul Business Journal Phillips Edison & Co has paid $38 million, or $24359/sf, for Chaska Commons, a 156,000-square-foot retail center in Chaska, Minn, a southwestern suburb of Minneapolis The Cincinnati REIT acquired the...
Bascom Group has paid $5313 million, or $290,301/unit, for the 183-unit Castlewood Park Apartments in the Los Angeles suburb of Buena Park, Calif The 63-year-old property, at 6968 Campus Drive, was acquired in a deal arranged by Marcus &...
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