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Commercial Real Estate Direct Staff Report S2 Capital has paid $26 million, or $154,762/unit, for the 168-unit Windemere Apartments in Raleigh, N.C. The Addison, Texas, investment manager bought the property from Northland Investment Corp. of Newton, Mass. JLL brokered the ...
Commercial Real Estate Direct Staff Report MG Properties has purchased a pair of apartment complexes with a combined 641 units in the Las Vegas area for a total of $68.2 million. The San Diego apartment investor paid $34.67 million, or ...
Radco Cos. has paid $33.75 million, or about $61,587/unit, for the 548-unit Granite at Taylors apartment complex in Taylors, S.C. The property backs an $18.5 million loan that's securitized through FREMF, 2012-K23. The debt pays a 4.02 percent coupon and ...
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