New York Business Journal Terreno Realty has paid $263 million, or $93929/sf, for a 28,000-square-foot industrial building at 659 Court St in Brooklyn, NY The Bellevue, Wash, REIT purchased the property from a company calling itself 659 Court Street...
Jacksonville Business Journal Bluecrest Capital Advisors has paid $2815 million, or $12483/sf, for Cypress Point Business Park, a 225,500-square-foot flex/industrial property in Jacksonville, Fla The Nashville, Tenn, company purchased the property...
Charlotte Business Journal Perkins Fund has paid $249 million, or $13521/sf, for the 184,144-square-foot 301 Midtown office building in Charlotte, NC The Raleigh, NC, investor purchased the property from The Fallon Co of Boston, which acquired it...
Charlotte Business Journal Link Logistics has paid $572 million, or $10219/sf, for the 559,750-square-foot Jamesburg @ I-77 industrial building in Huntersville, NC The Blackstone affiliate purchased the property from Prologis, a San Francisco REIT...
San Antonio Business Journal LXMI Capital has lined up a $364 million loan for its purchase of the DoubleTree by Hilton San Antonio Airport hotel in San Antonio Fortress Investment Group provided the financing LXMI, an Austin, Texas, investor...
South Florida Business Journal Artemis Real Estate Partners has paid $140 million, or $676,329/unit, for The Arbor at Delray, a 207-unit seniors housing facility in Delray Beach, Fla The Chevy Chase, Md, real estate investment firm bought the...
Jacksonville Business Journal Baptist Health has paid $65 million, or $13185/sf, for the 493,000-square-foot Southbank Medical Pavilion in Jacksonville, Fla The local health system acquired the 22-story medical office building from ShareMD, also of...
CMBS loans against properties in the country’s top 10 metropolitan statistical areas had a pay-off rate of 5631% this year through July In other words, $252 billion of the $474 billion of loans that came due paid off on time The payoff data...
Northmarq has provided $561 million of Fannie Mae financing against the 354-unit Wintercrest Village apartments in the San Diego suburb of Lakeside, Calif The 10-year loan requires only interest payments for its entire term The property, at 12002...
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