City: Lubbock

Sonnenblick-Eichner Co. has arranged a $21 million mortgage against the 165-room Cotton Court hotel in Lubbock, Texas. The five-year loan, which requires only interest payments for its full term, was provided by Deutsche Bank. It pays a coupon of 7.6 ...

Commercial Real Estate Direct Staff Report Lodging Fund REIT III Inc. has paid $29.3 million for two hotels with 201 rooms in Lubbock, Texas. The Fargo, N.D., company, which raises capital by selling its publicly registered common shares to accredited ...

Houston CityBizList GRACO Real Estate Development has lined up $10.5 million of financing against Rockridge Plaza, an 86,500-square-foot retail property in Lubbock, Texas. Deutsche Bank provided the fixed-rate loan, which was arranged by JLL Capital Markets. The property, at 5217 ...

Dallas CityBizList Foundation for Better Housing has bought the 184-unit Preserve at Prairie Point apartment complex in Lubbock, Texas. The nonprofit acquired the property at 8217 Avenue U in a deal brokered by Pillar Income Asset Management. The seller and ...

A venture between two private investment groups has paid about $50 million for 5801 Martin Luther King Blvd., a 494,142-square-foot industrial building in Lubbock, Texas. The venture acquired the property from First Industrial Realty Trust. The building, which is fully ...