ConnectCRE Ashley Furniture is planning to build a 1.05 million-square-foot mixed-use property at the southwest corner of Interstate 10 and 107th Avenue in Avondale, Ariz. The furniture retailer spent $32.8 million to acquire the 84-acre development site, which is 13 ...
Knightvest Capital assumed an existing $45.78 million Fannie Mae loan when it bought the apartment property. It also had lined up a $17.77 million supplemental loan from Fannie that was provided by KeyBank. The Fannie loan that Knightvest assumed is ...
Commercial Real Estate Direct Staff Report Knightvest Capital assumed an existing $45.78 million Fannie Mae loan when it paid $102.5 million, or $251,225/unit, for the 408-unit Aventura apartment property in Avondale, Ariz. The Dallas investment manager bought the property from ...
AZ Big Media Wood Partners has broken ground on Alta Avondale, a 360-unit apartment property in Avondale, Ariz. The Atlanta developer is building the property at the northwest corner of Avondale Boulevard and Van Buren Street, about 15 miles west ...
Newmark arranged $36.02 million of acquisition financing that's being used to retire, through defeasance, a $15.9 million Freddie Mac loan that's securitized through FREMF, 2019-KC06. The retired loan had paid a 4.3 percent coupon and was locked out from prepayment ...
SAM Residential Group has paid $53 million, or $315,476/unit, for 1408 Casitas at Palm Valley, a 168-unit apartment property in Avondale, Ariz., about 15 miles west of Phoenix. The Los Angeles developer purchased the property from 29th Street Capital of ...
First Citizens Bank has provided $51 million of financing to facilitate 29th Street Capital's purchase of the 240-unit Oceana Apartments in Avondale, Ariz. The Chicago investment firm paid $84 million, or $350,000/unit, for the property, according to a report from ...
Rancho Santa Fe Center medical-office property
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