Commercial Real Estate Direct Staff Report Bajwa Properties LLC has paid $48.39 million for two hotels with a combined 229 rooms in Reno, Nev. The local company paid $29.63 million, or $219,481/room, for the 135-room Hilton Garden Inn at 9920 ...
ConnectCRE.com WebstaurantStore has agreed to fully pre-lease a 693,000-square-foot industrial property that is under construction within the Tahoe Reno Industrial Center in Reno, Nev. The online restaurant supply store is leasing the space from the property's developer, Majestic Realty. The ...
Northern Nevada Business Weekly An affiliate of Lewis Group of Cos. has broken ground on Homecoming at Kiley Ranch, a 306-unit apartment property in Sparks, Nev. The Upland, Calif., company is building the property at 1234 Sabata Way, about nine ...
DRA Advisors has sold the 601,491-square-foot Summit Mall open-air shopping center in Reno, Nev., for $75.88 million, or $126.15/sf. The New York investment manager sold the property to a Delaware limited-liability company, Rhino Holdings Summit, according to Washoe County, Nev., ...
Commercial Real Estate Direct Staff Report DRA Advisors has sold the 601,491-square-foot Summit Mall open-air shopping center in Reno, Nev., for $75.88 million, or $126.15/sf. The New York investment manager sold the property to a Delaware limited-liability company, Rhino Holdings ...
REBusiness Online North Palisade Partners is planning to develop Palisade Wild Horse Commerce Center, a 141,882-square-foot industrial property in McCarran, Nev. The Newport Beach, Calif., developer will build the property at 99 Wild Horse Canyon Drive, about 16 miles east ...
PCCP LLC has provided $59.3 million of mortgage financing to facilitate LDK Ventures' $118.5 million, or $395,000/unit, purchase of the 300-unit Integra Peaks at Damonte Ranch apartment property in Reno, Nev. The property, which is roughly 75 percent completed, is ...
ACORE Capital has provided $141.9 million of construction financing for the conversion of the Harrah's Casino and Hotel in downtown Reno, Nev., into a mixed-use property. Highland Realty Capital arranged the loan, which also is being used to retire a ...
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 ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
