City: Reno
Ascent on Steamboat
The property, at 3300 Skyline Blvd., had been encumbered by a $19.58 million Freddie Mac loan that was securitized through FREMF, 2017-K725, according to data compiled by Trepp Inc. The loan paid a 4.9 percent coupon and was locked out from ...
179,882-SF Shopping Center in Sparks, Nev., Sells for $18Mln
Rhino Investments Group has paid $18 million, or $100.07/sf, for the 179,882-square-foot Iron Horse Shopping Center in Sparks, Nev. The Henderson, Nev., investment and development company purchased the property from Shopoff Realty Investments of Irvine, Calif., in a deal brokered ...
Reno, Nev., Apartment Property Sells for $56Mln
Commercial Real Estate Direct Staff Report Ascent P&E LLC has paid $56 million, or $274,509/unit, for Ascent on Steamboat, a 204-unit apartment property in Reno, Nev. The Park City, Utah, investor group purchased the property from Elan Multifamily Investments of ...
MG Properties Pays $302.5Mln for Reno, Nev., Apartment Portfolio
MG Properties Group has paid $302.5 million for a portfolio six apartment properties with 1,077 units in Reno, Nev. The San Diego investment manager purchased the portfolio from ERGS Properties, a local development and management company, in a deal brokered ...
Maturing CMBS Loan on Reno, Nev., Mall Gets Fully Refinanced
The Meadowood Mall in Reno, Nev., has been refinanced with $108 million of mortgage debt provided by a group of lenders including Wells Fargo Bank and 3650 REIT. The loan takes out a $105.87 million loan that matured last month ...
Bascom Buys Reno, Nev., Apartment Property for $31Mln
Bascom Group has paid $31 million, or $210,884/unit, for the 147-unit Sierra Point Apartments in Reno, Nev. LoanCore provided financing for the Irvine, Calif., investment manager's purchase. The financing was arranged by JLL Capital Markets. Sierra Point, at 4400 El ...
MG Properties Buys Sparks, Nev., Apartment Property for $82Mln
MG Properties Group has paid $82 million, or $284,722/unit for the 288-unit Parq Crossing Apartments in Sparks, Nev., about four miles east of Reno, Nev. The San Diego investor bought the property from Guardian Capital of Carlsbad, Calif., which had ...
Mohr Capital Breaks Ground on Spec Industrial Building Near Reno, Nev.
Commercial Property Executive Mohr Capital has broken ground on a 596,400-square-foot industrial property at the Tahoe-Reno Industrial Center in McCarran, Nev. The Dallas real estate investment company is building the property on a 39.6-acre site at 1500 Waltham Way, which ...
Parkview Lends $100Mln for Redevelopment of Reno, Nev., Casino into Mixed Uses
Parkview Financial has provided $100 million of financing to fund the redevelopment of Harrah's Reno Hotel and Casino into the mixed-use Reno City Center. The existing 950-room casino/hotel was acquired last September by CAI Investments of Las Vegas for $41.5 million ...
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