Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
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Nashville-Area Retail Property Sells for $34.5Mln
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Richmond Times-Dispatch The Davis Cos. has received approval from the U.S. Bankruptcy Court in Richmond, Va., to buy a portfolio of 29 apartment buildings with 441 units in the city for $37.35 million, or $84,694/unit. A total of 23 of ...
American Realty Advisors has paid $51.1 million, or $180.25/sf, for Dublin Place shopping center, a 283,506-square-foot retail property in the San Francisco suburb of Dublin, Calif. The Glendale, Calif., investment manager bought the property from the Police and Fire Retirement ...
Commercial Real Estate Direct CWCapital Asset Management has placed on the sales block the Britannia Business Center III, a 191,000-square-foot office and research and development property in Pleasanton, Calif., that it took in 2012 by foreclosing against a $32.8 million ...
Commercial Real Estate Direct Staff Report Rouse Properties Inc. has sold the Shoppes at Knollwood, a 457,000-square-foot retail center in St. Louis Park, Minn., for $106.7 million, or about $233/sf. Heitman LLC, a Chicago investment manager, bought the property and ...
Wharton Realty Group Inc. has paid $52.5 million, or roughly $155/sf, for One and Olney Square, a 339,784-square-foot retail property in Philadelphia. The Eatontown, N.J., company acquired the shopping center from a venture of BLDG Management and the Feil Organization, ...
Commercial Real Estate Direct Staff Report A pair of CMBS loans totaling $265.7 million were transferred to their respective special servicers after the owner of their collateral properties had requested that the loans be modified. They're among a growing number ...
Commercial Real Estate Direct Staff Report A pair of CMBS loans totaling $265.7 million that were originated in 2005 against 36 California commercial properties have been transferred to their special servicers because the properties' owner has sought a modification of ...
Pebblebrook Hotel Trust has paid $49 million, or about $306,250/room, for the 160-room Prescott Hotel in San Francisco's Union Square area. The Bethesda, Md., REIT bought the two-building property from Post Street Renaissance Partners, which is affiliated with Dern Greinetz ...
Crain's Chicago Business Banc of America Commercial Mortgage Trust, 2006-2 has sold the 267,890 square feet of retail space in the Glen Town Center mixed-use complex in Glenview, Ill. A venture that includes Tabani Group, a Dallas opportunistic investor, paid ...
Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes Banc of America Commercial ...
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