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Prime Finance has provided $58.15 million of financing to facilitate Cohen Investment Group's purchase of the Castleton Commerce Center, a 795-unit self-storage facility with 185 recreational-vehicle spaces in Virginia Beach, Va. The bridge financing was arranged by Eastern Union, while ...
Commercial Observer Bonaventure has paid $77.6 million for two apartment properties with a combined 294 units in Virginia. The Alexandria, Va., company paid $25.5 million, or $271,277/unit, for the 94-unit Messenger Place in Manassas, Va., and $52.1 million, or $260,500/unit, ...
Dwight Capital has provided $80.72 million of financing under the U.S. Department of Housing and Urban Development's section 223(f) program for a pair of neighboring apartment properties in Virginia Beach, Va. The New York lender, among the country's most-active HUD ...
The properties are the 374,000-sf Red Mill Commons, at 1157 Nimmo Parkway, and Marketplace at Hilltop, with 118,000 sf at 1744 Laskin Road. They are eight miles from each other. Red Mill Commons is 97 percent occupied, while Marketplace at ...
The properties are the Hilton Virginia Beach Oceanfront, with 289 rooms at 3001 Atlantic Ave., and the 167-room Hilton Garden Inn Virginia Beach Oceanfront at 3315 Atlantic Ave. To fund its purchase, Shamin has lined up a $90 million mortgage ...
75.5 percent occupied
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