Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
South Florida Business Journal Fairfield Residential has paid $208 million, or $256,158/unit, for the 812-unit Portofino Place apartment complex in West Palm Beach, Fla The San Diego apartment owner purchased the property from affiliates of Cortland...
Commercial Real Estate Direct Staff Report An affiliate of Nuveen Real Estate has paid $17035 million for a pair of industrial properties with 111 million square feet within the Park303 complex in Glendale, Ariz The New York investment manager paid...
Hawkins Way Capital has paid $515 million, or $735,714/unit, for the 70-unit student-housing building at 131 East 12th St in Manhattan’s Greenwich Village The 16-story building, with a 286-bed capacity, was purchased from the New School, which...
Freestone Capital has paid $3225 million, or $304,245/unit, for Aperture on Fifth, a 106-unit apartment property in downtown Seattle The local wealth manager, which invests in real estate through its Freestone LP Real Estate Fund, acquired the...
Multi-Housing News The NRP Group has broken ground on Stone Ridge at High Street, a 150-unit apartment property in Columbus, Ohio The Cleveland developer is constructing the property at 45 West Barthman Ave, about three miles south of downtown...
Boston Business Journal Draper Labs has paid $45 million, or $42857/sf, for 105,000 square feet of laboratory and office space at 1 Hampshire St in Cambridge, Mass Alexandria Real Estate Equities, a Pasadena, Calif, REIT, was the seller The deal is...
Northern Management has paid $31 million, or $166,667/unit, for the 186-unit Harbor Estates apartment property in Sheboygan, Wis The Brookfield, Wis, developer bought the property from a venture of Harmoniq Residential of Milwaukee and Midloch...
Crain’s Chicago Business A venture of RPM Living and New York Life’s real estate investment arm has paid $99 million, or $335,593/unit, for the 295-unit Everly at Yorktown Apartments in the Chicago suburb of Lombard, Ill RPM, of Austin,...
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