Commercial Real Estate Direct Staff Report KKR Real Estate Finance Trust Inc. has provided $55.8 million of financing for the purchase of Cabana Power, a 244-unit apartment property in Mesa, Ariz. A group led by Utah investors Robert Ctvrtlik and ...
Commercial Real Estate Direct Staff Report Rise48 Equity LLC has paid $92 million, or $319,444/unit, for the Nolan, a 288-unit apartment property in Mesa, Ariz. The Phoenix investor, which was represented by Northmarq, purchased the property from an affiliate of ...
The property was acquired by Rise Invest of Chicago for $26 million, or $270,833/unit, from an affiliate of Priority Property Management of Beaverton, Ore., in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. Bridge Investment Group has ...
Commercial Real Estate Direct Staff Report Bridge Investment Group has provided $22.6 million of financing to facilitate the purchase of Sonoma Village, a 96-unit apartment property in Mesa, Ariz. The property was acquired by Rise Invest of Chicago for $26 ...
REBusiness Online EastGroup Properties Inc. is planning to build Gateway Interchange, a seven-building industrial property with 655,400 square feet in Mesa, Ariz. The Ridgeland, Miss., REIT is building the property at the northwest corner of Hawes Road and the Loop ...
SPL Cos. of Denver was the seller.
Rise48 Equity has paid $107.7 million for three apartment properties with 462 units in Mesa, Ariz., and Glendale, Ariz. The Phoenix investor paid $60.63 million, or $223,708/unit, for Standard Country Club, a 271-unit property at 1903 North Country Club Drive ...
Decron Properties has paid $76 million, or $575,757/unit, for BB Living at Eastmark, a 132-unit apartment property in Mesa, Ariz. The Los Angeles investor purchased the property from an affiliate of Berger Holdings of Scottsdale, Ariz., and financed it with ...
The property, at 2121 West Main St., is encumbered by a $68.7 million Freddie Mac loan that was securitized through FREMF, 2021-KF96. The loan pays a 2.63 percent coupon and is set to mature in November 2030. It is subject ...
AZ Big Media KKR & Co. has paid $137 million, or $290,254/unit, for Midtown on Main Street, a 472-unit apartment property in Mesa, Ariz. The New York investment firm purchased the property from Tides Equities of Los Angeles. The property, ...
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