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 ...
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 ...
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 ...
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 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.
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 ...
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 ...
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 ...
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 ...
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