REBusinessOnline Lerner Enterprises has paid $65 million, or $325,000/unit, for the 200-unit Parc at Gatlin Commons apartment property in Port St. Lucie, Fla. JSB Capital of Miami sold the property, at 1900 Aledo Lane, which was built in 2020. Parc ...
Commercial Real Estate Direct Staff Report GMF Capital has paid $46 million, or $230,000/unit, for the 200-unit Gatlin Commons apartment property in Port St. Lucie. Fla. The New York investment manager bought the complex from Panther Residential Management of Woburn, ...
The Bluerock/Carroll venture funded its acquisition with a $27 million Freddie Mac loan. The seven-year loan pays a coupon of 3.95 percent. The venture has rebranded the property as Arium Prima Vista.
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