City: Tallahassee

Commercial Real Estate Direct Staff Report LNR Partners has put two nonperforming CMBS loans with a balance of $39.5 million on the sales block. The Miami special servicer has hired Mission Capital Advisors to market the two loans for sale, ...

Commercial Real Estate Direct Staff Report The $46.2 million CMBS loan against the Northwood Centre, a 491,086-square-foot mixed-use property in Tallahassee, Fla., has transferred to special servicing because it's expected to default. The loan is securitized through ML-CFC Commercial Mortgage ...

Momentum Real Estate Partners has paid $27.4 million, or roughly $110,207/unit, for Delaney Park at Southwood, a 248-unit apartment property in Tallahassee, Fla. The Miami company acquired the property, at 3550 Esplanade Way, from Epoch Properties of Winter Park, Fla., ...

Spirit Bascom Ventures has paid $36.9 million, or roughly $82,216/unit, for the Reserve at Heritage Oaks, a 444-unit apartment property in Tallahassee, Fla. It funded the purchase with a $32 million loan from CIT Bank. The mortgage is also being ...

Raia Properties Corp. has paid $42.2 million, or about $132,000/unit, for the Victoria Grand, a 320-unit apartment property in Tallahassee, Fla. The five-year-old complex, at 2350 Phillips Road, was sold by its developer, P.A.C. Land Development Corp. of Winter Park, ...