Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Fort Myers
New York Community Bank Lends $69.25Mln Against 3 Fort Myers, Fla., Apartments
Commercial Real Estate Direct Staff Report New York Community Bank has provided $69.25 million of financing against three apartment properties with 800 units in Fort Myers, Fla. The loan allowed the property's owner, Blue Roc Premier of Tampa, Fla., to ...
3701 Winkler Ave.
Retreat at Vista Lake apartment property Prime Finance has provided a $75 million loan to help fund DAS-Alliance's acquisition.The loan provided by Prime Finance will effectively retire a $54.4 million Freddie Mac loan that was securitized through FREMF, 2017-KF36, and ...
Fort Myers, Fla., Apartments Sell for $96Mln
Commercial Real Estate Direct Staff Report DAS-Alliance Group has paid $96 million, or $150,000/unit, for the 640-unit Retreat at Vista Lake apartment property in Fort Myers, Fla. The San Diego real estate investor bought the complex from a venture of ...
Developer Secures $37Mln Loan Against Fort Myers, Fla., Apartments
Prime Group has secured $37 million of financing against the 270-unit Portofino Cove apartment property in Fort Myers, Fla. The loan, which has a 10-year term, was provided by 3650 REIT and arranged by Walker & Dunlop. Prime Group, of ...
Channelside apartment complex/15270 Ballast Point Drive
93 percent occupied. The property is encumbered by a $43.4 million Freddie loan that was securitized through FREMF, 2018-K731. The loan doesn't mature until 2025 and pays a coupon of 4.12 percent. It was set to start amortizing on a ...
Fort Myers, Fla., Apartments Sell for $65.2Mln
Meyers Group has sold the 325-unit Channelside apartment complex in Fort Myers, Fla., for $65.2 million, or $200,615.40/unit. The Aventura, Fla., developer, led by Stuart I. Meyers, sold the four-year-old property, at 15270 Ballast Point Drive, to Wyse Technology Investments ...
Pembrook Provides $8.1Mln of Pref Equity, $24.9Mln Loan for Fla. Busted Condos
Pembrook Capital Management LLC has provided $33 million of capital to help fund ESG Kullen's purchase of 189 condominium units at the 290-unit Cobblestone on the Lake condo complex in Fort Myers, Fla. The New York investment manager made an ...
Mosaic at the Forum/3100 Champion Ring Road
95 percent occupied.
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