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City: Cordova
Memphis-Area Apartment Property Sells for $22Mln
Memphis Business Journal A venture of Graybel Investments and Quad Property Group has bought the Cordova Creek Apartments, a 196-unit apartment property in Cordova, Tenn., for $22 million, or $112,245/unit. Graybel, of Memphis, Tenn., and Quad Property, of New York, ...
256-Unit Apartment Complex Near Memphis, Tenn., Sells for $41.63Mln
Memphis Business Journal An affiliate of Actus Capital has purchased the Villas at Cordova, a 256-unit apartment complex in Cordova, Tenn., for $41.63 million, or $162,617/unit. The Birmingham, Ala., apartment investment company bought the property from Kushner Cos., which had ...
136-Unit Apartment Complex in Cordova, Calif., Sold for $18.25Mln
RENTV.com A venture of Trion Properties and Walker & Dunlop has paid $18.25 million, or $134,191/unit, for the 136-unit Bella Pointe Apartments in Rancho Cordova, Calif. The venture was represented by Marcus & Millichap Inc. The seller was not disclosed. ...
Stonebridge Crossing/9135 Morning Ridge
95 percent occupied.
Grove at Trinity Pointe/555 Wood Arbor Parkway
The buyer financed the purchase with a $19.25 million loan that has a 3.71 percent rate. The loan requires only interest payments until December 2015. After that, it amortizes over a 30-year schedule until its 2022 maturity.
Trinity Ridge Business Center/7730-7866 Trinity Road
The property had backed $17 million of debt that was securitized through Banc of America Commercial Mortgage Trust, 2007-4. It was transferred to the deal's special servicer, LNR Partners, in November 2008 when its previous owner, DBSI Inc. of Boise, ...
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