City: Newport News

The loan was one of a number against regional malls to have transferred to special servicers in recent weeks. Some loans have or soon will mature, while others have seen a deterioration in the performance of their collateral.

Ritz Banc Group has paid $25 million, or $142,857/unit, for the 175-unit Hickory Point apartment property in Newport News, Va. The Arlington, Va., investment manager bought the property, at 399 Hickory Point Blvd., from AION Partners, which was represented in ...

A venture of Linden Property Group and Navy Squared Partners has paid $32 million, or $125,000/unit, for the 256-unit Village at Stoneybrook apartment complex in Newport News, Va. The venture bought the 48-year-old property, at 400 Cox Landing, from Stoneybrook ...

Multi-Housing News Cleghorn Capital has paid $24.3 million, or $121,500/unit, for the 200-unit Breeze River Apartments in Newport News, Va. The 18-building property, at 168 Heritage Way, was purchased from Cohen Investment Group of Norfolk, Va., which had bought it ...

Kushner Cos. has paid $113 million for a portfolio of three apartment properties with 710 units in Virginia. The New York developer bought the properties from a venture of Drucker + Falk and LEM Capital, which had acquired them four years ...