An affiliate of Mosaic Real Estate Credit has provided $68.75 million of financing to fund the construction of Merced Station, a 270-unit student-housing property two miles from the campus of the University of California Merced in Merced, Calif. The loan ...
REBusiness Online The Bascom Group has partnered with Artemis Real Estate Partners to buy the 248-unit Phoenix Townhomes at 5355 North Valentine Ave. in Fresno, Calif., for $35 million, or $141,129/unit. The seller was not disclosed. The property, which was ...
United Development Group has lined up an $11.9 million Fannie Mae loan against the 200-unit Hunter Place Apartments in Fresno, Calif. CBRE arranged the 10-year, fixed-rate loan. Hunter Place is a garden-style, gated community that sits on 8.9 acres at ...
Commercial Real Estate Direct Staff Report The Sierra Vista Mall in central California has been put up for sale. It is one of four remaining assets in a 2006 CMBS transaction. The 688,724-square-foot shopping center, which is some 10 miles ...
Rentv.com Brixmor Property Group has sold a 55 percent stake in the 326,600-square-foot Clovis Commons shopping center in Clovis, Calif., just outside Fresno, Calif. The deal values the property at $45 million, or $248.62/sf. The buyer was not identified. Tenants ...
The properties are the 196-unit Dominion Heights at 1164 East Perrin Ave. and the 218-unit Crown Point and 200-unit Cascades properties, which are next to each other and share an address at 9375 North Saybrook Drive.
JRK Property Holdings has paid $98.75 million for three apartment communities with 614 units in the central California city of Fresno. The Los Angeles investment firm bought the 196-unit Dominion Heights at 1164 East Perrin Ave. and the 218-unit Crown ...
Macerich Co. has lined up $325 million of mortgage financing against its previously unencumbered Fresno Fashion Fair Mall in Fresno, Calif. The Santa Monica, Calif., REIT got the loan from JPMorgan Chase Bank and Societe Generale. The 10-year loan doesn't ...
Goldman Sachs had provided the $74.2 million of financing that facilitated Rouse Properties Inc.'s $106.1 million, or nearly $352/sf, purchase of Fig Garden Village, a 301,501-square-foot retail center in Fresno, Calif. The loan, slated to be securitized through GS Mortgage ...
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