389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
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CBRE Investment Management has acquired the Berkman, a 350-unit apartment property in Rochester, Minn. The Los Angeles investment firm paid $187.6 million, or $536,000/unit, according to a report in the Minneapolis/St. Paul Business Journal. The property was acquired from a ...
Local developers Dirk Erickson and John and Marcia Bouquet have secured $31.22 million of financing for the construction of BRYK on Broadway, a 180-unit affordable-housing property in Rochester, Minn. NorthMarq arranged the loan, which was provided by a credit union. ...
Regency Multi-Family has paid $34 million, or about $213,836/unit, for Red44, a 159-unit apartment property in Rochester, Minn. The Champaign, Ill., investment firm purchased the property from a venture of Roers Investments, Reuter Walton Development and North Bay Cos., which ...
Commercial Real Estate Direct Staff Report Capital One has originated $38.6 million of Fannie Mae financing against the 432-unit Brighton Village apartment property in Brighton, N.Y., about four miles south of Rochester, N.Y. The loan allowed the property's owner, Excelsior ...
Minneapolis/St. Paul Business Journal Timberland Partners has paid $43.3 million, or $189,912/unit, for the 228-unit Vista at South Broadway apartments in Rochester, Minn. The Minneapolis investor purchased the 12-building property from an affiliate of Continental Properties. The two-story complex, at ...
Multi-Housing News Timberland Partners has bought the 205-unit Preserve on Maine apartment property in Rochester, Minn., for $38.5 million, or $187,805/unit. The Minneapolis real estate investment company purchased the two-building complex, on four acres at 4010 Maine Ave. SE, from ...
Wilmorite Management Group, which owns the 1.6 million-square-foot Greece Ridge Center shopping mall in the Rochester, N.Y., suburb of Greece, N.Y., is looking to retire the property's $64.3 million mortgage. The Rochester mall owner is looking to get a waiver ...
Post Bulletin Industrial Realty Group paid $33.9 million for IBM's office campus in Rochester, Minn. A previous report about the sale did not disclose the price. The property will be renamed and IBM will continue to occupy part of it.
Star Tribune Industrial Realty Group has acquired an office campus occupied by IBM Corp. in Rochester, Minn., for an undisclosed price. The property will be renamed and IBM will continue to occupy part of it. The campus was placed on ...
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