Commercial Real Estate Direct Staff Report Berkadia has secured a $44.5 million Freddie Mac loan against the Fountains of Fair Oaks, a 270-unit apartment complex in Fair Oaks, Calif. The five-year loan requires only interest payments for its entire term. ...
The Cincinnati investment manager purchased the property from Madison/Sunrise Associates of Newport Beach, Calif. The property is 94 percent leased to tenants that include Trader Joe's, CorePower Yoga, Chili's, Lamps Plus, LensCrafters and Freestyle Clothing Exchange. The average length of ...
Phillips Edison & Co. has paid $44.3 million, or $450.60/sf, for Quail Pointe, a 98,314-square-foot retail center in Fair Oaks, Calif. The Cincinnati investment manager purchased the property from Madison/Sunrise Associates of Newport Beach, Calif., which was represented by JLL ...
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