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 ...
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, 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 ...
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 ...
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 ...
The property operated at a 57.7 percent occupancy rate during the quarter that ended June 30, 2016.
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