PCCP has provided $41 million of senior mortgage financing against the 125-unit Tenney North Park apartment property in the North Park area of San Diego The loan allowed developer Foulger-Pratt to retire construction financing and fund its...
BXP Inc has sold a 106% equity stake in the roughly 930,000-square-foot office building it’s constructing at 343 Madison Ave next to the Grand Central Terminal in Midtown Manhattan to AVRS Partners of New York The Boston REIT hasn’t yet...
A venture of Coastal Ridge Real Estate and Brookfield has paid $20475 million, or about $787,500/unit for the 260-unit Grad San Jose student-housing property next to San Jose State University in San Jose, Calif The venture—Coastal Ridge is a...
Multi-Housing News A group comprised of Kennedy Wilson, Hulic Co, and Fuyo General Lease has paid $176 million, or $564,103/unit, for One South Market, a 312-unit apartment property in downtown San Jose, Calif The group acquired the property, at 1...
KPMG is in talks to lease about 250,000 square feet at the 13 million-sf office building at 300 North LaSalle St in Chicago The accounting firm would relocate from Aon Center, where it occupies about 236,000 sf under a lease that expires in 2029 The...
Edwards Realty Co has paid $30 million, or $10805/sf, for the 277,654-square-foot retail component of the Block 37 mixed-use complex in downtown Chicago The Orlando Park, Ill, company bought the property from CIM Group of Los Angeles, which acquired...
Puget Sound Business Journal Local investor Josef Stanzl has paid $204 million, or $434,043/unit, for Stream 403, a 47-unit apartment property in Seattle’s Capitol Hill neighborhood Stanzl bought the seven-story building from its developer,...
South Florida Business Journal An affiliate of Riverside District Development has paid $2203 million, or $60588/sf, for the 36,377-square-foot retail building at 930 Lincoln Road in Miami Beach, Fla The local developer acquired the property from a...
Atlanta Business Chronicle Trinity Property Consultants has paid $241 million, or $143,452/unit, for the 168-unit ReNew Vinings apartment complex in Atlanta The Irvine, Calif, multifamily owner-operator acquired the property, formerly known as the...
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