410-Unit Apartment Property Breaks Ground in Phoenix
April 23, 2024
Hillwood Affiliates Buy Dallas-Area Office Portfolio
April 23, 2024
City: Palm Springs
Peachtree Group Provides C-PACE Financing for Palm Springs, Calif., Hotel Development
The Real Deal Peachtree Group has provided $46 million of commercial property assessed clean energy, or C-PACE, financing against the 168-room Thompson Palm Springs Hotel in Palm Springs, Calif. Hall Group of Dallas is building the property at 414 North ...
Santander Bank Lends $42.45Mln for Palm Springs, Fla., Apartment Project
South Florida Business Journal Santander Bank has provided $42.45 million of construction financing for a 264-unit apartment project in Palm Springs, Fla. A venture of Mast Capital, Rockpoint Group and Spear Group is developing the property on 18.4 acres at ...
Calif.’s Westfield Palm Desert Mall Sees 75 Percent Drop in Appraised Value
The Westfield Palm Desert Mall in Palm Desert, Calif., in California's Coachella Valley, last month was re-appraised at a value of only $55.2 million. That's roughly a quarter of the property's $212 million appraised value set in 2014, when a ...
Gene Autry Plaza
Gene Autry Plaza, which is 98 percent occupied, is anchored by a Smart & Final grocery store, which leases 30,612 sf through September 2024, and is next to the Palm Springs Airport. Other tenants include Staples, which is in 18,550 ...
Palm Springs, Calif., Retail Center Sells for $23.4Mln
Investec Real Estate Cos. has sold Gene Autry Plaza, a 60,822-square-foot retail center in Palm Springs, Calif., for $23.4 million, or nearly $385/sf. The Santa Barbara, Calif., company, which had developed the grocery-anchored property, at 5001 East Ramon Road, in ...
Recently Modified CMBS Loan on Calif. Retail Center Gets Forbearance
Commercial Real Estate Direct Staff Report Lundin Development Co., which just months ago was able to negotiate a five-year term extension of the $20.16 million CMBS loan against its Showcase at Indio retail property in Indio, Calif., has just managed to ...
Renaissance Esmeralda Indian Wells Resort
The property operated at a 57.7 percent occupancy rate during the quarter that ended June 30, 2016.
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