Denver Business Journal Avanti Residential has paid $31 million, or $352,273/unit, for Park Cheesman, an 88-unit apartment property in Denver The local investor acquired the property, at 1177 Race St, from a limited liability company, which bought...
Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
Atlanta Business Chronicle Cousins Properties has contributed $50 million for a 975% stake in a venture with Trammell Crow Co that owns the site of Morgan Stanley’s future regional headquarters in Dallas The Atlanta REIT’s investment...
South Florida Business Journal The city of Coral Gables, Fla, has paid $24 million, or $45258/sf, for the 53,029-square-foot medical-office building at 475-495 Biltmore Way in that suburban Miami city It acquired the property from ShareMD of...
Houston Business Journal Cabot Properties has acquired Port 225 Commerce Center, a 484,056-square-foot industrial property in Pasadena, Texas, about 15 miles east of Houston The purchase price was not disclosed, but the 265-acre property was valued...
South Florida Business Journal BKM Capital Partners has paid $33 million, or $29741/sf, for Park Central Business Center, a 110,958-square-foot industrial property in Fort Lauderdale, Fla The Newport Beach, Calif, real estate firm acquired the...
Roxborough Group has paid $1094 million, or $444,715/unit, for Bidwell Park, a 246-unit apartment property in Fremont, Calif The San Francisco investment manager acquired the property, at 39800 Fremont Blvd, from Pacific Urban Investors, which...
The Real Deal Endeavor Hotels, led by Vishal and Ron Thakkar, has paid $241 million, or $91,985/room, for the 262-room Embassy Suites hotel at 707 East Butterfield Road in the Chicago suburb of Lombard, Ill The Oakbrook Terrace, Ill, hotel company...
Seattle Social Housing Developer has agreed to pay $68 million, or $371,585/unit, for the 183-unit Youngstown Flats apartment property in Seattle The city agency is buying the property, at 4040 26th Ave Southwest, from AAA Management and Rivercroft...
Philadelphia Business Journal Standard Communities has paid $293 million, or $157,527/unit, for The Helston, a 186-unit apartment property in Philadelphia’s Wynnefield Heights neighborhood The Los Angeles affordable-housing company acquired...
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