Walker & Dunlop originated a $48.2 million Fannie Mae loan to help fund the venture's acquisition. The property previously was encumbered by $30 million of Fannie debt that was securitized through FNA, 2018-M15. The loan was subject to a yield ...
Commercial Real Estate Direct Staff Report A venture of KKR Real Estate Select Trust Inc. and RPM Living Investments has paid $67.3 million, or $295,175/unit, for the 228-unit Beach House Apartments in Jacksonville, Fla. It acquired the property from an ...
Commercial Real Estate Direct Staff Report Livingston Street Capital has paid $56 million, or $320,000/unit, for the 175-unit Olea at Nocatee Apartments in Ponte Vedra Beach, Fla., about 25 miles southwest of Jacksonville, Fla. The Radnor, Pa., real estate investment ...
Commercial Real Estate Direct Staff Report Bella Property LLC has paid $26.1 million, or $125,481/unit, for the 208-unit Pinebrook Apartments in Jacksonville, Fla. The Greensboro, N.C., company bought the property from Odessa Realty Investments of Atlantic Beach, Fla., which had purchased ...
A group of lenders led by the Canadian Imperial Bank of Commerce provided a $36.5 million loan to help fund the acquisition.
Pebblebrook Hotel Trust has paid $94 million, or $470,000/room, for the 200-room Jekyll Island Club Resort on Jekyll Island in Georgia. The Bethesda, Md., REIT bought the property from Northview Hotel Group of Wilton, Conn. The beachfront resort is comprised ...
Lument, an affiliate of ORIX Corp., has provided $25.5 million of bridge financing to help fund the acquisition and planned renovations to the property. The loan has a three-year term. Canopy Creek previously was encumbered by $12.9 million of Freddie ...
Commercial Real Estate Direct Staff Report Berkadia has originated $22.2 million of Freddie Mac financing to help fund Robbins Property Associates' acquisition of the 147-unit SoBA Apartments in Jacksonville, Fla. The 10-year loan facilitated the Newton, Mass., company's $35.4 million purchase ...
Jacksonville Business Journal Robbins Real Estate has paid $35.4 million, or about $240,816/unit, for the SoBA Apartments, a 147-unit property in Jacksonville, Fla. Catalyst Development Partners sold the four-story complex, which opened last year at 1444 Home St., in a ...
Commercial Real Estate Direct Staff Report Bridge Investment Group has paid $48.6 million, or $126,563/unit, for the 384-unit Heron Walk Apartments in Jacksonville, Fla. The Salt Lake City investment manager bought the property from Oro Capital Advisors of Los Angeles, ...
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