389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
City: St. Louis
Emerson Leases 105,000 SF of Office Space in Clayton, Mo.
St. Louis Post-Dispatch Emerson Co. has agreed to lease 105,000 square feet of office space at Forsyth Pointe, a 226,000-square-foot office property in Clayton, Mo. As a result of the lease, the 14-story building at 8027 Forsyth Blvd. has been ...
JLL Arranges $47Mln Loan Against St. Louis Apartment Property
JLL Capital Markets has arranged $47 million of financing against the Marlowe, a 205-unit apartment property in St. Louis. The four-year loan pays a fixed coupon and was provided by an unnamed insurance company. The loan, along with a preferred ...
245-Unit Apartment Property Opens Near St. Louis
REBusiness Online CRG has opened Chapter at the Streets, a 245-unit apartment property in St. Charles, Mo. The development and investment arm of Clayco Inc. broke ground on the property in December 2021. Chapter at the Streets, at 333 Mulholland Drive, ...
Everly on the Loop
The buyer assumed the property's $49.4 million of debt that Metropolitan Life Insurance Co. had provided in 2019.
209-Unit Student-Housing Property in St. Louis Trades Hands
Multi-Housing News R5 has acquired Everly on the Loop, a 209-unit student-housing property in St. Louis. Newmark brokered the deal on behalf of the sellers, GMH Capital Partners LP and AGC Equity Partners. The sales price was not disclosed. The ...
Work Starts on 1.6Mln-SF Industrial Property in St. Peters, Mo.
REJournals.com NorthPoint Development has broken ground on the Lakeside Logistics Center, a five-building industrial development that will have 1.6 million square feet in St. Peters, Mo. It will cost $129 million to construct. The Kansas City, Mo., developer is building ...
Oxford Hills
The property is encumbered by a $33.87 million Freddie Mac loan that's securitized through FREMF, 2016-K58. The loan pays a 3.85 percent coupon and is locked out from prepayment until April 2026, three months before its set to mature, according ...
FPA Multifamily Buys 480-Unit Apartment Property in St. Louis
FPA Multifamily has acquired Oxford Hills, a 480-unit apartment property in St. Louis. The purchase price could not yet be learned. The San Francisco investment manager purchased the property from Harbor Group International, which was represented by Cushman & Wakefield. ...
170-Room Hotel Opens Near St. Louis
REBusiness Online Midas Enterprises has opened the 170-room Residence Inn by Marriott hotel in Clayton, Mo. The St. Louis developer broke ground on the property in 2021. It cost $47 million to construct. Hermann Cos. and Peoples Bank provided financing ...
CBL Gets 2-Year Extension of $160.74Mln CMBS Loan on Mo. Mall
CBL Properties has negotiated a two-year extension of the CMBS mortgage against the West County Center retail property in the St. Louis suburb of Des Peres, Mo. To win the modification, the Chattanooga, Tenn., REIT paid down the loan to ...
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