City: Rochester

Commercial Real Estate Direct Staff Report The $210 million CMBS loan against the Eastview Mall and Commons shopping mall and power center in the Rochester, N.Y., suburb of Victor, N.Y., has transferred to special servicing as it's expected to default ...

Multi-Housing News PathStone Development Corp. has completed the 157-unit Skyview Apartments in Irondequoit, N.Y., about five miles north of Rochester, N.Y. The Rochester nonprofit will manage the affordable housing property at 200 Skyview Center Parkway. Units will be occupied by ...

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 ...