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CBRE secured a $25 million loan to facilitate the purchase. The fixed-rate loan pays 5.4% coupon and was provided by a life insurance company.
The Real Deal Hines has paid $44 million, or $463,157/unit, for 88 Hillside, a 95-unit apartment property in Daly City, Calif. The Houston investment manager purchased the property from Equity Residential, a Chicago REIT. CBRE secured a $25 million loan ...
Interstate Management Inc. has sold a portfolio of four retail centers with 470,000 square feet in Daly City, Va., some 25 miles southwest of Washington, D.C., for $52.8 million, or about $112.34/sf. The Brooklyn, N.Y., company sold the portfolio to ...
BRIDGE Housing Corp. was the buyer The property is encumbered by $60.6 million of debt that was provided by Morgan Stanley and National Equity Fund, according to a report in Multi-Housing News.
Interstate Management Inc. has sold a portfolio of four retail centers with 470,000 square feet in Daly City, Va., some 25 miles southwest of Washington, D.C., for $52.8 million, or about $112.34/sf. The Brooklyn, N.Y., company sold the portfolio to ...
BRIDGE Housing Corp. has paid $66 million, or $338,461/unit, for Eaves Daly City, a 195-unit apartment property in Daly City, Calif. The San Francisco nonprofit purchased the property from AvalonBay Communities Inc. The deal was highlighted by Kidder Mathews. The ...
MG financed its purchase with a $15.1 million Freddie Mac loan written by CWCapital.
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