The monthly rents that the country's largest apartment REITs generated during the third quarter increased by 142% from the second quarter to an average of $1,926/unit That compares with the 049% increase in rents they reported in the second quarter...
New York Business Journal Oppenheimer Holdings Inc has leased 220,000 square feet of office space at 32 Old Slip in Lower Manhattan for its new headquarters The New York investment banking and wealth-management firm will occupy six full floors at...
South Florida Business Journal Wells Fargo Bank has increased its construction financing against Broken Sound Residences, a 494-unit apartment project under construction in Boca Raton, Fla, to $1765 million The bank assumed an existing $358 million...
The Real Deal Antora Energy has leased all 294,000 square feet at a newly constructed industrial property at 475 Sycamore Drive in Milpitas, Calif Prologis, a San Francisco REIT, owns the property, which has power capacity of up to 4,000 amps, with...
Bisnow A venture of CP Group, The Georgetown Co, Acre, and StepStone has acquired Mizner Park, an 838,000-square-foot mixed-use property in downtown Boca Raton, Fla The buyers acquired the 30-acre complex from an affiliate of BGRE, formerly...
Modal Labs has leased 160,000 square feet at the 116 million-sf 32 Ave of the Americas office building in Manhattan’s Tribeca neighborhood The New York company will relocate about 140 employees from 233 Spring St, also in Manhattan, by...
Triangle Business Journal DUMAC, the investment arm of Duke University, has bought Erwin Square Plaza, a 238,792-square-foot office building in Durham, NC Lionstone Investments of Houston sold the property, which sits on 742 acres at 2200 West Main...
Charlotte Business Journal Western-Southern Life Insurance Co has provided $81 million of construction financing for Sutherland at Piper Glen, a 299-unit apartment project under construction in Charlotte, NC RK Investors is developing the property...
Tampa Bay Business Journal Concert Golf Partners has agreed to buy the Innisbrook Resort and Golf Club in Palm Harbor, Fla, for $198 million in a cash deal that includes the assumption liabilities The Lake Mary, Fla, golf-club owner is acquiring the...
South Florida Business Journal Fortress Investment Group has paid $2575 million, or $218,220/unit, for Astor at Delray Beach, a 118-unit seniors-housing facility in Delray Beach, Fla The New York investor acquired the property, formerly known as...
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