83 percent leased. Delta Community Credit Union provided $16.4 million of financing to help fund the acquisition. Cushman & Wakefield arranged the loan.
65 percent occupied.
Summit funded the purchase through tax-deferred exchanges, using proceeds it generates from its sale of a portfolio of hotels to American Realty Capital Hospitality Trust Inc. for $347.4 million, for a 7.5 percent capitalization rate.It's already completed the first $150.1 ...
The properties have a combined occupancy of 94 percent. Birch Grove has 168 units, while Sycamore Chase has 164 units.
The buyer lined up an $8.04 million loan with a 3.74 percent interest rate. The loan pays only interest until January 2016, after which it amortizes over a 30-year schedule until its December 2022 maturity.
70 percent occupied.
96 percent leased.
CBL & Associates has agreed to buy three shopping centers from Copaken, White & Blitt for $516.9 million.The Chattanooga, Tenn., is buying the properties from Copaken, White & Blitt, a Kansas City, Kan., developer, which put them up for sale ...
Sold for $516.9 million alnog with two other retail properties
November 25, 2003 Standard & Poor's has upgraded two classes of First Union National Bank Commercial Mortgage Trust, 1999-C4, because of the improved performance of the remaining collateral loans' underlying properties.The rating agency upgraded the deal's:– $46.5 million class B ...
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