David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Lexington
Citibank Lends $600Mln Against Apartment Portfolio with 3,241 Units
Commercial Real Estate Direct Staff Report Citibank has provided $600 million of financing against eight apartment properties with 3,241 units in the Southeast and Midwest regions of the country owned by investment manager West Shore. The five-year financing, arranged by ...
Property Resources Buys Lexington, N.C., Shopping Center for $17.5Mln
Triad Business Journal Property Resources has bought Lexington Parkway Plaza, a 270,650-square-foot shopping center in Lexington, N.C., for $17.5 million, or $64.66/sf. The Raleigh, N.C., company purchased the retail property from New South Properties of Charlotte, N.C. Lexington Parkway Plaza ...
Hamburg Pavilion
The property, developed in 1997 by Thomas Enterprises Inc. of Atlanta, is 92.3 percent occupied. To fund its purchase, Fairbourne has lined up a $94.5 million mortgage from Citi Real Estate Funding that has a five-year term and pays a ...
Kentucky Retail Property Sells for $135Mln
Commercial Real Estate Direct Staff Report Fairbourne Properties has paid $135 million, or $154.45/sf, for the Hamburg Pavilion, an 874,095-square-foot open-air shopping center in Lexington, Ky. The Chicago company bought the property through a venture with Harbert U.S. Real Estate ...
The Lex
The New York investor purchased the property from RPM and WF Investments, which had acquired it in 2017 for $40 million. AMA Financial Founder arranged financing for the acquisition. Details could not be learned.
Lexington, Ky., Warehouse Leased to Amazon Sells for $30.65Mln
Legacy Investing has paid $30.65 million, or nearly $81/sf, for the 380,000-square-foot industrial property at 172 Trade St. in Lexington, Ky. The Arlington, Va., developer of industrial and data-center properties bought the warehouse, which has been fully occupied by Amazon.com ...
Vesper Holdings Pays $53Mln for Lexington, Ky., Student-Housing Property
Multi-Housing News A venture led by Vesper Holdings has paid $53 million, or $81,664/bed, for the Lex, a 649-bed student-housing property serving the University of Kentucky in Lexington, Ky. The New York investor purchased the property from RPM and WF ...
Fairview Village Apartments
Bedrin Organization has bought the Fairview Village Apartments, a 120-unit property in Lexington, N.C., for $14.1 million, or $117,500/unit. The Glen Rock, N.J., company purchased the apartments from an unidentified seller that was represented by Capstone Apartment Homes. VSTOL Commercial ...
Bedrin Organization Buys Lexington, N.C., Apartments for $14.1Mln
Triad Business Journal Bedrin Organization has bought the Fairview Village Apartments, a 120-unit property in Lexington, N.C., for $14.1 million, or $117,500/unit. The Glen Rock, N.J., company purchased the apartments from an unidentified seller that was represented by Capstone Apartment ...
About
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.
