389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
United Hampshire U.S. REIT, which owns the 282,039-square-foot Arundel Plaza shopping center in Glen Burnie, Md., has refinanced the property with a $22 million loan provided by a life-insurance company. The five-year loan, which pays a fixed coupon, was arranged ...
The property, built in 1970, was 95 percent occupied as of last June. It generated $2.4 million of net operating income during the 12 months through the end of June, according to servicer data compiled by Trepp LLC. That would place ...
Gelfund Real Estate has paid $46.25 million, or $175,856/unit, for the 263-unit Gatewater Landing apartment complex in Glen Burnie, Md. The Philadelphia investment manager bought the property, at 7357 Ridgewater Court, from L3C Capital Partners of New York, which had ...
Brandon Woods III Best Buy fully leases 7550 Perryman Court, which has 500,000 sf, while 7659 Solley Court has 340,000 sf. The deal also includes two land parcels on which 250,000 sf of industrial space could be built.
The property was soldat a recent online auction hosted by Ten-X. Its previous owner, a venture of Simon Property Group and Farallon Capital, had defaulted on a $114.4 million loan against the property, which was built in 1987. That loan ...
The property is nearly fully leased.
The property has been renamed the Townes at Heritage Hill. Quest has lined up $62.2 million of Freddie Mac financing from Capital One Multifamily Finance against the property. The loan matures in April 2022.
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© 2023 Commercial Real Estate Direct All rights reserved..