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UDR Inc. has paid $328.5 million for three apartment properties with 1,372 units in Florida, Massachusetts and Virginia. The REIT bought the three properties in separate deals from Jones Street Investment Partners, Sentinel Real Estate Corp. and Woodfield Development. It ...
82 percent leased to 15 tenants. KBS Strategic will fund its purchase with a mortgage and some of the proceeds from the sale of 11 office properties to Keppel-KBS US REIT, a venture that the REIT's sponsor, KBS Realty Advisors ...
ully occupied by Aurora Health Care, a not-for-profit hospital system.
The buyer financed its purchase with a $37 million Fannie Mae mortgage written by CBRE under the agency's Delegated Underwriting and Servicing program. Another $1.75 million of subordinate financing was provided by the MassHousing Opportunity Fund's Workforce Housing Program.
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