City: Charleston

Commercial Real Estate Direct Staff Report The Charleston Town Center, a regional mall in the capital city of West Virginia, is now valued at only $50 million. That appraised value compares with the property's $160 million appraised value, set in ...

A venture of Admiral Capital Group and Pollack Shores Real Estate Group has paid $51.7 million, or $190,775/unit, for the 271-unit Factory at Garco apartment property in North Charleston, S.C. It bought the complex from a venture led by BRT ...

Freddie Mac has provided $31.5 million of financing under its Lease-Up program for the 282-unit Crowne at Live Oak Square apartment property on Charleston, S.C.'s John's Island. The property, which was developed last year at 3014 Reva Ridge Drive by ...

Chatham Lodging Trust has paid $20.8 million, or $216,667/room, for the Residence Inn hotel in Summerville, S.C., a suburb of Charleston, S.C. The Palm Beach, Fla., REIT bought the 96-room property from Southeastern Co., an Augusta, Ga., developer. The four-story ...

Burlington Capital Group has bought the 144-unit Sawgrass Apartments at 35 Crosscreek Drive in Charleston, S.C., from Sawgrass Investment Properties LLC for $18 million, or $125,000/unit. Berkadia represented both parties in the deal.

A venture of PGIM Real Estate and Woodfield Development has secured $44.5 million of financing against the 312-unit Wharf 7 Apartments in Charleston, S.C. MetLife Investment Management provided the three-year loan. The seven-building property, at 515 Robert Daniel Drive, offers ...

Another legacy CMBS loan against a shopping mall has transferred to special servicing as it's expected to default when it matures next week. The $93.1 million loan is backed by the Charleston Town Center in Charleston, W.Va. It pushes the ...