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Nationwide Life Insurance Co. provided the buyer with a $41.5 million loan to facilitate its purchase.
REBusiness Online A venture of High Street Residential and MetLife Investment Management has broken ground on the 189-unit September on Shea Residences in Scottsdale, Ariz. High Street of Dallas and MetLife of Whippany, N.J., are building the apartment property at ...
Commercial Real Estate Direct Staff Report An affiliate of Pillar Communities has paid $76 million, or $395,833/unit, for Huxley Scottsdale, a 192-unit apartment property in Scottsdale, Ariz. The Phoenix company purchased the property, at 8555 East Raintree Drive, from its ...
MC Cos. has paid $97.5 million, or $345,744/unit, for Core Scottsdale, a 282-unit apartment property in Scottsdale, Ariz. The local investor bought the property from Starlight Investments of Toronto, which acquired it in 2019 for $80.4 million. To facilitate the latest deal, ...
To facilitate the purchase, M&T Realty Capital provided a $77.35 million Freddie Mac loan, which takes out a $64.4 million Freddie loan that's securitized through FREMF, 2020-KF76. That loan pays a coupon pegged to SOFR plus 203 basis points and ...
Commercial Real Estate Direct Staff Report MC Cos. has paid $97.5 million, or $345,744/unit, for Core Scottsdale, a 282-unit apartment property in Scottsdale, Ariz. The local investor bought the property from Starlight Investments of Toronto, which acquired it in 2019 for ...
Commercial Real Estate Direct Staff Report Knightvest Capital has paid $119 million, or $288,834/unit, for the 412-unit Avana Desert View apartment property in Scottsdale, Ariz. The Dallas investment manager, through its Knightvest Capital Fund II, bought the property from Greystar ...
FalconEye Ventures has paid $645.1 million, or $850/sf, for the Scottsdale Quarter mixed-use property in North Scottsdale, Ariz. The Scottsdale investor partnered with Vestar, a Phoenix operator of retail properties, in the purchase. The property was acquired from a venture ...
Commercial Real Estate Direct Staff Report Foothills Bank has provided $37.09 million of financing to facilitate Baseline Partners' $44.58 million purchase of the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz. Baseline, of Mesa, Ariz., purchased the property from MIG Real ...
FalconEye Ventures has paid $645.1 million, or $850/sf, for the Scottsdale Quarter mixed-use property in North Scottsdale, Ariz. It was purchased from a venture led by Washington Prime Group. Its sale allowed for the payoff of a CMBS loan that ...
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