ConAm assumed a $31.5 million Freddie Mac loan that's securitized through FREMF, 2017-KF30. The loan pays a coupon pegged to Libor plus 250 basis points and matures in March 2027. The property, which opened in 2007, was 95 percent occupied ...
ConAm Group has paid $60 million, or $250,000/unit, for Highlands Viera West, a 240-unit apartment property in Viera, Fla., about 55 miles southeast of Orlando, Fla. The San Diego real estate investor bought the complex from JMG Realty Inc. of ...
95 percent leased.
Property is fully leased to 18 tenants, the largest of which are Ross Dress for Less, Linens 'N Things and Rag Shop.
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
