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City: Reno
332-Unit Apartment Property in Reno, Nev., Fetches $35.3Mln
REBusiness Online PacifiCap Properties has sold the 332-unit Southwest Village apartment complex at 3295 South Virginia St. in Reno, Nev., for $35.3 million, or $106,325/unit. The buyer was not disclosed. Marcus & Millichap brokered the deal for PacifiCap, of Portland, ...
Southridge/1550 Sky Valley Drive
The buyer funded the purchase with a $19.8 million loan that pays a fixed coupon of 4.17 percent and has a seven-year term.
Kennedy Wilson Buys Reno, Nev., Apartment Complex for $36Mln
Northern Nevada Business View Kennedy Wilson has bought Southridge, a 293-unit apartment community at 1550 Sky Valley Drive in Reno, Nev., for $36 million, or $122,866.89/unit. The Beverly Hills, Calif., investment manager funded the purchase with a $19.8 million loan ...
Aloft Hotel Planned for Reno, Nev.
Reno Gazette Journal A 164-Room Aloft Hotel is planned for Reno, Nev. The four-story project is being built at the corner of Plumb Lane and Terminal Way, just north of the Reno-Tahoe International Airport.
Mixed-Use Redevelopment Planned for Former Reno, Nev., Mall
Reno Gazette Reno Land Development is planning to redevelop the former Park Lane shopping mall in Reno, Nev., into a mixed-use project. The redevelopment's first phase features the Avant, a five-story multifamily building with 227 units at the corner of ...
9295 Prototype Drive
Citigroup has provided $97.5 million of financing. The financing package is comprised of $80 million of senior debt that has a 10-year term. It requires only interest payments for the first five years, after which it amortizes on a 30-year ...
Angelo Gordon Pays $156Mln for Reno, Nev., Office/Warehouse
Commercial Real Estate Direct Staff Report Citigroup has provided $97.5 million of financing against 9295 Prototype Drive, a 1.3 million-square-foot office/industrial property in Reno, Nev., facilitating its $156 million, or $125/sf, purchase by an affiliate of Angelo, Gordon & Co. ...
645 North Arlington Ave.
fully occupied. Griffin-American financed the purchase by tapping a line of credit it has from Bank of America and Key Bank. The facility has a $100 million capacity, but that could be expanded to $200 million.
Reno, Nev., Medical-Office Building Sells for $66.25Mln
Griffin-American Healthcare REIT IV Inc. has paid $66.25 million, or $346.86/sf, for a 191,000-square-foot medical-office building in Reno, Nev. The Irvine, Calif., REIT, whose shares do not trade on any exchange, acquired the property from Universal Health Realty Income Trust, ...
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