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PGIM Real Estate provided a $136.5 million mortgage to facilitate CIRE's purchase.
The Real Deal CIRE Equity has paid $116 million, or $377.85/sf, for a pair of neighboring industrial buildings with a total of 307,000 square feet in Van Nuys, Calif. The San Diego private equity firm bought the properties from Link ...
An affiliate of Bobby Saadian was the buyer. Amanda Regency holds an $8.87 million mortgage that's securitized through FNA, 2021-M3G. That loan pays a 2.25 percent coupon and is locked out from prepayment until July 2030, six months before its ...
The Real Deal An affiliate of Bobby Saadian has paid $40.9 million for two apartment properties with a combined 145 units in Los Angeles and Van Nuys, Calif. Decron Properties was the seller. Saadian paid $22 million, or $301,369/unit, for ...
Prime Finance has provided $52 million of financing to facilitate Longpoint Realty Partners' purchase of four industrial buildings with 84,346 square feet and two parcels of development land within the Van Nuys Airport Industrial Center in suburban Los Angeles. The ...
The six-building property is 98 percent leased and was built in 1964 on 3.26 acres that sit 17 miles outside of Los Angeles. It underwent renovations in 2014 and 2018.
Rentv.com ARKA Properties Group Inc. has paid $19.25 million, or $247.43/sf, for a 77,800-square-foot industrial park at 14723-14825 Oxnard St. in Van Nuys, Calif. The Beverly Hills, Calif., investor purchased the property from Rexford Industrial Realty Inc. NAI Capital's Investment ...
Rexford Industrial Realty Inc. has acquired 18 buildings and two outside storage land parcels within the Van Nuys Industrial Center in Van Nuys, Calif., for $154.6 million, or 362.51/sf. The Los Angeles industrial REIT funded the purchase with cash on ...
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