Inland Real Estate Group has paid $100 million, or $346,021/unit, for the 289-unit Bend Arbordale apartments in Williamsburg, Va. The Oak Brook, Ill., investment manager bought the property from Bonaventure of Alexandria, Va., which had developed it in 2018, funding ...
Broad Street Realty has agreed to pay $122 million, or $508,333/unit, for the 240-unit Midtown Row student-housing property next to the College of William and Mary in Williamsburg, Va. The Bethesda, Md., company had developed the property, in return for fees, ...
Broad Street Realty has agreed to pay $122 million, or $508,333/unit, for the 240-unit Midtown Row student-housing property next to the College of William and Mary in Williamsburg, Va. The Bethesda, Md., company had developed the property, in return for fees, ...
The property is encumbered by an $18.8 million Freddie Mac loan that was securitized through FREMF, 2014-K37. It amortizes on a 30-year schedule and pays a coupon of 4.72 percent. It's locked out from prepayment until September 2023, three months ...
Kushner Cos. has paid $46 million, or nearly $217,000/unit, for the 212-unit Spotswood Commons apartment property in Williamsburg, Va. The New York investor bought the 19-year-old property, at 100 Glenburnie Road, from Dolben Co. of Woburn, Mass., which was represented ...
Preferred financed its purchase with a $31.6 million Freddie Mac loan arranged by Berkadia Commercial Mortgage. The 10-year loan pays a rate of 4.31 percent and amortizes on a 30-year schedule.
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