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NexPoint's transaction will be financed with a $132.55 million Freddie Mac loan provided by KeyBank. The remaining $110 million is being funded through a draw against a revolving credit facility the company has from SunTrust Bank. The facility, which was ...
Sunset Group paid $22 million, or $130,952/unit, for the 168-unit Villa Del Rio Apartments at 3800 South Nellis Blvd.
Sunset Group paid $32 million, or $133,333/unit, for the 240-unit Laurel Park Apartments at 5272 Tamarus St.
Investment Concepts has paid $18 million, or $290,322/unit, for the 62-unit Echelon at Centennial Hills apartments in Las Vegas. The transaction was financed with a $13.5 million Fannie Mae loan provided by Arbor Realty Trust.
Bluerock, a New York company, bought the 320-unit Sanctuary in Las Vegas for $51.8 million, or $161,875/unit. The Sanctuary, meanwhile, is encumbered by a $33.7 million Fannie Mae loan that is securitized through FNA, 2019-M22. The interest-only loan has a ...
Brookside Equities has paid $43.5 million, or $836.53/sf, for the 52,000-square-foot Westland Fair shopping center in Las Vegas.
Commercial Real Estate Direct Staff Report Morgan Stanley, Citigroup and JPMorgan Chase are securitizing a $2.05 billion piece of the $3.01 billion of financing they provided to fund Blackstone Real Estate Income Trust Inc.'s $4.25 billion purchase of the 3,933-room ...
REBusiness Online Compass Acquisition Partners has bought the 488-unit Sandpiper Apartments in Las Vegas for $66 million, or $135,245/unit. The Los Angeles investment company purchased the property, on 20 acres at 4650 West Oakey Blvd., from Apple Management. Proceeds from ...
Commercial Real Estate Direct Staff Report Blackstone Real Estate Income Trust Inc. has purchased a 90 percent stake in the Met Apartments, with 480 units at 2701 North Rainbow Blvd. in Las Vegas, valuing the property at $77 million, or ...
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