Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Asheville
TruAmerica Venture Pays $49.88Mln for Asheville, N.C., Apartments
A venture led by TruAmerica Multifamily has paid $49.88 million, or $197,917/unit, for the 252-unit Westmont Commons apartment property in Asheville, N.C. The Los Angeles investment manager partnered on the investment with Spoke Real Estate Capital of Columbus, Ohio. The ...
Sunroad Refis Southeastern U.S. Apartment Portfolio
REBusiness Journal Sunroad Enterprises has lined up $149 million to refinance an 857-unit apartment portfolio in the southeastern U.S. An unidentified life insurance company provided the three-year loan, which pays a fixed rate and was arranged by JLL. The portfolio, ...
Age-Restricted Apartment Property Coming to Asheville, N.C.
Charlotte Business Journal Catalyst Capital Partners is starting work soon on Mariposa at RiverBlue, a 153-unit apartment property in Asheville, N.C. The Charlotte, N.C., developer is building property as part of its 55-acre RiverBlue master-planned development. It will have one- ...
Asheville Outlets
Asheville Outlets is 95 percent lease and anchored by Sportsman's Warehouse and Dillard's Clearance Center. Other tenants include Nike, Under Armour, Bath & Body Works, Crate & Barrel and West Elm.
382,000-SF Outlet Shopping Mall in Asheville, N.C., Trades for $70Mln
REBusiness Online Tanger has bought the Asheville Outlets, a 382,000-square-foot outlet shopping mall in Asheville, N.C., for $70 million, or about $183.25/sf. The Greensboro, N.C., REIT purchased the retail property from New England Development of Boston, which had purchased it ...
Clarion Fund Purchases Asheville, N.C., Apartments for $52.8Mln
Multi-Housing News Clarion Partners Real Estate Income Fund has purchased the 176-unit Retreat at Weaverville apartment property in Asheville, N.C., for $52.8 million, or $300,000/unit. Graycliff Capital sold the property, at 61 Garrison Branch Road, which was built in 2021. ...
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