389-Unit Apartment Property Opens in Morgan Hill, Calif.
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SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
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The Real Deal Eden Senior Living has paid $20 million, or $106,382/unit, for Willow Falls, a seniors-housing property with 188 units in Crest Hill, Ill. The Skokie, Ill., company purchased the property from an affiliate of Dial Retirement Communities, which...
Orlando Business Journal A venture of Forge Capital Partners and The Sembler Co. has paid $17.8 million, or about $133.83/sf, for the 133,000-square-foot Palm Plaza retail center in Leesburg, Fla. Forge, of Tampa, Fla., and Sembler, of St. Petersburg, Fla.,...
Commercial Property Executive Novva Data Centers is planning to build 9MW, a 182,000-square-foot data center in San Francisco. The West Jordan, Utah, company will build the property at 400 Paul Ave. It is expected to cost $500 million to build...
JLL Capital Markets has arranged $47 million of financing for the construction of Freestone on Main, a 121-unit apartment property in downtown Bozeman, Mont. The financing includes a $32 million construction loan from a regional bank that has a three-year...
Boston Financial has raised $164 million for its latest low-income housing tax credit fund, the company's second multi-investor tax-credit fund this year. The latest vehicle, Boston Financial Institutional Tax Credits 59 LP, was capitalized by seven investors, a mix of...
Triad Business Journal Phoenix Acquisitions is offering for sale four industrial buildings totaling about 1.5 million square feet in North Carolina's Triad region that it had purchased last month for $27 million. The Milwaukee company, which specializes in repurposing industrial...
The Real Deal Rubenstein Partners, which owns Continental Towers, a 910,717-square-foot office property in the Chicago suburb of Rolling Meadows, Ill., has been hit with a foreclosure lawsuit. Rialto Capital Advisors filed the suit, alleging that Rubenstein, of Philadelphia, defaulted...
Commercial Property Executive BKM Capital Partners has paid $44 million, or $338.65/sf, for Commerce Carlsbad, a 129,928-square-foot industrial property in Carlsbad, Calif. The Newport Beach, Calif., investment manager purchased the property from Alexandria Real Estate Equities, which had acquired it...
Rentv.com A venture of Intracorp and HAL Real Estate has paid $18 million, or $298.01/sf, for the 60,400-square-foot office property at 3190 160th Ave. SE in Bellevue, Wash. Intracorp, of Vancouver, British Columbia, and HAL, of Seattle, purchased the property...
Wells Fargo Bank and Truist Bank have provided $190 million of mortgage financing against Legacy Place, a 675,000-square-foot shopping center in the Boston suburb of Dedham, Mass. The loan, arranged by JLL Capital Markets, allowed the 14-year-old property's owner, a...
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