Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Lynwood
Coastal Community Bank Lends $35Mln for Construction of Seattle-Area Apartments
Muti-Housing News Coastal Community Bank has provided $35 million of financing for the construction of Kōz on Alderwood, a 200-unit apartment property in Lynnwood, Wash. The project's developers, MSquared of New York and Kōz Development of Snohomish, Wash., provided $13 ...
Seattle-Area Office Property Sells for $46Mln
Puget Sound Business Journal Nitze-Stagen has paid $46 million, or $264.71/sf, for Northview Center, a 173,775-square-foot office property in Lynnwood, Wash. The Seattle investment firm purchased the six-story property from Hudson Pacific Properties Inc., which had acquired it in 2013 ...
Calif. Retail Center Sells for $164.63Mln; Troubled CMBS Loan Getting Paid Off
Commercial Real Estate Direct Staff Report Sterling Organization has acquired Plaza Mexico, a 403,242-square-foot retail center in Lynwood, Calif., for $164.63 million, or $408.27/sf. The transaction should result in the pay off of a troubled $106 million CMBS loan against ...
15631 Ash Way
The property is encumbered by a $61.35 million Freddie loan securitized through FREMF 2016-KF22. The loan pays a rate pegged to Libor plus 222 bps and matures April 2023. It would be subject to a 1 percent prepayment penalty. The ...
Brandemoor I and II/3305 and 3333 164th St. SW
The buyer used a $93 million Freddie Mac loan with a 10-year term written by CBRE Capital Markets to help fund the purchase. The seven-year-old properties have been combined and renamed Avana One Six Four.
2588 and 2605 Industry Way
fully occupied.
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