Decron Properties has paid $114 million, or $699,386/unit, for the 163-unit apartment property at 5550 Wilshire Blvd in Los Angeles The local investment manager bought the property from General Investment and Development, or GID, in a deal brokered...
Commercial Observer Corebridge Financial has provided $293 million of fixed-rate financing against the 158,957-square-foot mixed-use property at 40 10th Ave in Manhattan’s Meatpacking District A venture of New York companies Aurora Capital...
South Florida Business Journal An affiliate of Disaster Management Group has paid $1925 million, or $18815/sf, for a 102,310-square-foot warehouse at 15132 Park of Commerce Blvd in Jupiter, Fla The local company acquired the industrial property from...
Commercial Real Estate Direct Staff Report The Southridge Mall in Greendale, Wis, is on the cusp of being sold, subject to the assumption of the property’s long-delinquent $10087 million CMBs loan A total of 553,801 square feet of the 116...
Kimco Realty Corp has secured $1541 million of financing against a portfolio of six retail properties totaling 131 million square feet JLL Capital Markets arranged the debt on behalf of the Jericho, NY, REIT An institutional investor advised by...
Crain’s Chicago Business Vinayaka Hospitality is under contract to pay between $20 million and $25 million for the 520-room Wade Hotel in Chicago The Schaumburg, Ill, company is buying the property, at 644 North Lake Shore Drive, from Park...
Orlando Business Journal Speed Bay Warehouse Solutions has paid a total of $1131 million for a pair of industrial properties totaling 514,915 square feet in Central Florida The Denver real estate firm paid $596 million, or $22923/sf, for the...
South Florida Business Journal An affiliate of Optimar International Realty has paid $33 million, or about $2,600/sf, for a 12,692 square feet of retail condominium space at the 329-unit NoMad Residences Wynwood residential condo property in Miami...
Commercial Real Estate Direct Staff Report An affiliate of TA Realty has paid $102 million, or $500,000/unit, for Boulder Creek, a 204-unit apartment property in Sammamish, Wash, a city that’s 17 miles east of Seattle The Boston company...
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.
