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Gantry has arranged a $26.25 million Fannie Mae loan against the Biltmore-Beaumont Apartments, with 270 units in Spokane, Wash. The loan, which requires only interest payments for a spell before amortizing on a 30-year term, carries a floating coupon that ...
Next Wave Investors, which owns apartment properties in a small number of markets in the western United States, has purchased its first property in Oregon, paying $14.2 million, or $191,892/unit, for the 74-unit River Lofts in Tualatin, Ore., a suburb ...
Commercial Real Estate Direct Staff Report Gantry has arranged $20.8 million of financing that was used by a Spokane, Wash., tenant-in-common group to fund its $33.5 million, or $144,400/unit, purchase of the Northern Heights apartments in Airway Heights, Wash., which ...
REBusiness Online Realty Income Corp. has acquired a 132,805-square-foot Home Depot store in Spokane, Wash., for $24.35 million, or about $183.35/sf. The single-tenant retail property, at 9116 North Newport Highway, was sold by American Realty Capital Properties of Phoenix. Faris ...
The property was acquired by buying and foreclosing on a defaulted $60.8 million loan against the 558,838-square-foot property. CD, 2006-CD2 sold the debt in May for $52.1 million to C-III, its special servicer, which exercised its purchase option to make ...
A venture that includes Unico Properties and C-III Asset Management has acquired the Rock Pointe Corporate Center office complex in Spokane, Wash., for $52.1 million, or about $93/sf, by buying and foreclosing on a defaulted $60.8 million loan against the ...
Griffin-American Healthcare REIT II has paid $32.5 million for a 96,000-square-foot medical-office building in Spokane, Wash. The Santa Ana, Calif., REIT, previously known as Grubb & Ellis Healthcare REIT II, bought the Medistar Spokane Medical Center from an undisclosed seller. ...
97 percent occupied.
By John Covaleski, Commercial Real Estate Direct Staff WriterCenturion Finance has lined up $70.9 million in acquisition financing for the Pacific Northwest National Laboratory campus in Richland, Wash. The Bellevue, Wash., firm received the fixed-rate financing from GE Real Estate. ...
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