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The Real Deal Onni Group has purchased Glendale Center, a 390,000-square-foot office building in Glendale, Calif., for $83 million, or $213/sf. The property at 611 North Brand Blvd. serves as collateral for a $125 million loan that's securitized through Wachovia ...
Commercial Real Estate Direct Staff Report Universe Holdings has refinanced its Acacia Park apartment property in San Bernardino, Calif., paying off the property's previous securitized financing in full. The Los Angeles multifamily specialist has owned the property, at 5280 North ...
The Real Deal A venture that includes the Chetrit Group is in talks with a New York bank to provide fresh debt against three office buildings at 500-512 Seventh Ave. and 228 West 38th St. in midtown Manhattan. The buildings, ...
Midwest Real Estate News A venture of Princeton Enterprises has obtained a $12.8 million loan against the 480-unit Lincoln Towers Apartments at 15075 Lincoln St. in the Detroit suburb of Oak Park, Mich. Bernard Financial Group of Detroit arranged the ...
Commercial Real Estate Direct Staff Report Citigroup provided $260 million of mortgage financing against Illinois Center, a 2.1 million-square-foot office complex in Chicago that was acquired by AmTrust Realty Corp. for $376 million, or nearly $180/sf. A piece of the ...
LNR Partners has put up for sale three office buildings in Beverly Hills, Calif., that it took by foreclosing on a $47 million CMBS loan in 2012. The three buildings, commonly referred to as the Beverly Hills Office Pool, have ...
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