Venture to Build Mixed-Use Project in Dallas
May 27, 2022
Columbus, Ohio, Shopping Center Sells for $27.4Mln
May 27, 2022
City: Jacksonville
Oaks at San Jose
Oaks at San Jose, at 5551 Auburn Road, was 92 percent occupied at the end of March 2021. Berkadia arranged $21.5 million of financing from Harbor Group International. That loan will be used to retire a $12.42 million loan that ...
Jacksonville, Fla., Apartments Sold for $26.3Mln
R.O.I. Capital Group has paid $26.3 million, or $131,500/unit, for the 200-unit Oaks at San Jose apartment property in Jacksonville, Fla. The Israeli investment manager, which owns apartment properties in the United States and United Kingdom, bought the complex from ...
Pinebrook Apartments
Lument, an affiliate of ORIX Corp., provided a $21.9 million bridge loan to help fund Bella's acquisition and renovations. It funded part of the loan by including a $20.2 million piece in the collateral pool for the LMNT, 2021-FL1 collateralized ...
Beach House Apartments
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 ...
KKR-Led Venture Pays $67.3Mln for Jacksonville, Fla., Apartments
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 ...
Age-Restricted Apartments in Suburban Jacksonville, Fla., Sold for $56Mln
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 ...
Jacksonville, Fla., Apartments Fetch $26.1Mln
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 ...
Heron Walk Apartments
A group of lenders led by the Canadian Imperial Bank of Commerce provided a $36.5 million loan to help fund the acquisition.
Pebblebrook Pays $94Mln for Georgia Resort
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 ...
Canopy Creek Apartments
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 ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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