Berkadia secured a $14.29 million loan for the Viera Cedar Bluff property. The loan was financed through Fannie Mae's Green Rewards program, which provides for reduced pricing to fund upgrades that would make a property more energy or water efficient.
Berkadia secured a $38.8 million loan for the Metropolitan property that was financed through Fannie Mae's Green Rewards program, which provides for reduced pricing to fund upgrades that would make a property more energy or water efficient.
Goldelm Capital has paid $65.85 million for two apartment properties in Knoxville, Tenn. The Colorado Springs, Colo., company paid $48.1 million, or $92,500/unit, for the 520-unit Metropolitan complex at 790 North Cedar Bluff Road. It also paid $17.75 million, or ...
Atlanta Business Chronicle Blanchard & Calhoun Commercial Corp. is planning to develop a mixed-use project along the Tennessee River in downtown Knoxville, Tenn. The 23-acre development will have 300 class-A apartment units, a total of 225 student-housing units and a ...
The TennesseanA $100 million mixed-use project is being planned for downtown Knoxville, Tenn. Tentative plans for the Marble Alley complex call for about 500,000 square feet of office, retail and residential space and a four-acre parking lot. The project, being ...
Parkway Properties Inc. has sold two Knoxville, Tenn., office properties with 549,000 square feet for $59 million. The Jackson, Miss., firm did not identify the properties' buyer, but said the sales price amounted to a 7.7 percent capitalization rate, or ...
Prime Property Investors has paid $10.5 million for a 238-bed student-housing portfolio near the University of Tennessee in Knoxville, Tenn.The Northbrook, Ill., real estate firm purchased the five-property portfolio from University Real Estate Group of Auburn, Ala. It is Prime ...
Sterling American Property has sold Sunchase Apartments, a 520-unit complex in Knoxville, Tenn., for $21.43 million.Sterling, of New York, had purchased the property in 1998 through its Sterling Americann Properties II Fund. The company is an affiliate of Sterling Equities ...
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