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Albany Business Review Centers Health Care Network has sold a portfolio of three nursing homes and rehabilitation centers with a total of 332 beds in the Albany, N.Y., area for $33.1 million. The Bronx, N.Y., company sold the properties to ...
Albany Business Review MLG Capital has paid $55.5 million, or $277,500/unit, for the Kensington at Halfmoon, a 200‑unit apartment complex in Halfmoon, N.Y. The Brookfield, Wis., investment firm purchased the six-building property from Richbell Capital of Saratoga Springs, N.Y., which ...
Commercial Real Estate Direct Staff Report The $173 million of mortgage financing that UBS provided against the Crossgates Mall in Albany, N.Y., is comprised of senior and subordinate notes with five-year terms. A $105 million senior piece carries an 8.5% ...
Pyramid Management Group, which owns the 1.7 million-square-foot Crossgates Mall and the neighboring 438,814-sf Crossgates Commons in Albany, N.Y., has refinanced both properties with a total of $206.8 million of fresh mortgage debt.
REBusiness Online A venture of Merion Realty Partners and Eastham Capital has paid $82.4 million, or $123,723/unit, for a pair of apartment properties with 666 units in the Albany, N.Y., suburb of Clifton Park, N.Y. Solomon Organization of Summit, N.J., ...
The rest of the Colonie Center is owned by Pacific Retail Capital Partners of Los Angeles. It's encumbered by a $102.7 million loan that's securitized through CG-CCRE Commercial Mortgage Trust, 2014-FL2. The spaces that Heidenberg bought are not part of ...
Albany Business Review Heidenberg Properties has paid $28 million for 271,000 square feet, comprised mostly of a former Sears store, at the Colonie Center Mall in Albany, N.Y. The Sears location, which is partly occupied by Whole Foods Market, was ...
Commercial Real Estate Direct Staff Report Walker & Dunlop has written a $40.5 million Fannie Mae loan against the 264-unit Eagle Pointe Apartments in Albany, Ore. Gantry arranged the five-year loan, which pays a fixed coupon and doesn't amortize. It ...
REBusiness Online LeCesse Development Corp. has completed construction of GrandVille at Malta, a 189-unit apartment property in Malta, N.Y., about 30 miles north of Albany, N.Y., in Saratoga County. The property, at 1 Landau Blvd., is the second phase of ...
Redburn Development Partners has lined up $25.3 million of fixed-rate financing against a pair of apartment properties in Albany, N.Y. Keybank Real Estate Capital Partners provided a $14.2 million Fannie Mae loan against 930 on Broadway and an $11.1 million ...
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