The Real Deal Brookfield Properties is offering for sale the 1,193-unit apartment building at 3333 Broadway in the Morningside Heights section of Manhattan. The New York private equity company owns the property in a venture with Urban Asset...
Commercial Real Estate Direct Staff Report Hines has paid $57 million, or $587,628/sf, for Rise Walnut Creek, a 97-unit apartment property in Walnut Creek, Calif. The sales price was first reported by SiliconValley.com. The Houston real estate company...
The Real Deal Column Financial has filed to foreclose on the $168.5 million loan against 522 Fifth Ave., a 536,520-square-foot office building in Manhattan. The property is owned by RFR Holdings of New York, which hasn't made a...
ConnectCRE ACORE Capital has provided a $69.1 million loan against The Ideal Building, a 618,414-square-foot industrial property at 184-10 and 184-60 Jamaica Ave. in Queens, N.Y. A venture of The KABR Group and FCA-Orbita Group owns the property,...
Crain's Chicago Business Wells Fargo Bank has provided $415 million of financing against the One Chicago mixed-use property in Chicago's River North neighborhood. The financing has a three-year term, pays a 6.4 to 6.8 percent coupon and is...
Affinius Capital has provided a $52 million loan for the acquisition of The Knox, a 110-unit apartment property in the Murray Hill section of Manhattan. Four Winds Real Estate of New York purchased the property, at 49 East...
Commercial Real Estate Direct Staff Report Weidner Apartment Homes has paid $77 million, or $291,667/unit, for the Artisan, a 264-unit apartment property in Sacramento, Calif. The Kirkland, Wash., investor purchased the property from Sequoia Equities and Coit Financial...
The Real Deal Fortress Investment Group's planned foreclosure against a portfolio of real estate in Florida, Manhattan and Westchester County, N.Y., owned by Cohen Brothers Realty Corp. has been brought to halt. A New York Supreme Court judge...
Commercial Real Estate Direct Staff Report The Commercial Real Estate Finance Council's annual conference, held this week at the Marriott Marquis hotel in midtown Manhattan, drew 1,250 registered attendees. That number grew as some had signed up at...
BisNow Republic Properties Corp. has lined up $96.5 million of financing against Portals II, a 633,800-square-foot office building in Washington, D.C. Proceeds from the loan will be used to retire $130 million of debt that U.S. Bank had...
Crain's New York Business The buzz is that a venture of Empire Capital Holdings and Namdar Realty Group has agreed to pay less than $50 million for the 220,000-square-foot office property at 321 West 44th St. in the...
Dwight Capital has provided $58.6 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program for the Residences at Town Square mixed-use complex in Amarillo, Texas. The loan was arranged by Greysteel on behalf...
PGIM Real Estate has provided a $78 million loan against a four-building industrial property with 830,000 square feet at 1747 East Patapsco Ave. in Baltimore. The property was developed by a venture of Northpoint Development of Kansas City,...
The Real Deal Douglaston Development has paid $114.5 million, or $1,272/unit, for the 90-unit apartment property at 1450 Third Ave. in the Upper East Side of Manhattan. The New York developer is planning on knocking down part of...
AZ Big Media A venture of Kairoi Residential and German American Realty has paid $161.4 million, or $442,191/unit, for The Carter, a 365-unit apartment property in Scottsdale, Ariz. Kairoi, of San Antonio, and German American Realty, of Cologne,...
South Florida Business Journal Tishman Speyer has bought the Rock Lake Business Park in Pompano Beach, Fla., for $101.15 million. The New York investor purchased the industrial property from IDI Logistics of Atlanta. Rock Lake Business Park sits...
Bank Hapoalim has provided a $41 million fixed-rate loan against the 146-room Aloft by Marriott New York Brooklyn. Lam Group of New York owns the 24-story property, at 216 Duffield St. in Brooklyn, N.Y. The hotel was built...
Commercial Property Executive Mark Heymann has paid $44.3 million, or $82.83/sf, for Sky Harbor Center, a 534,849-square-foot office property in Phoenix. The Dallas investor purchased the five-building property from Link Logistics, a Blackstone Group affiliate that was represented...
Commercial Real Estate Direct Staff Report Bloomberg Philanthropies has been identified as the buyer of the 130,478-square-foot mixed-use building at 980 Madison Ave. in Manhattan. The organization is led by Michael Bloomberg, former mayor of New York City...
Commercial Real Estate Direct Staff Report Visitations to Manhattan office buildings in April were 25 percent less than the same time period in 2019, and compares to April 2023, when visits lagged 2019's pace by 30 percent, according...
The Real Deal Swift Real Estate Partners has paid $47.7 million, or $264.12/sf, for the 180,600-square-foot office building at 200 Rollins Road in Millbrae, Calif. The San Francisco company purchased the property from Urban Republic Properties. The building...
Commercial Real Estate Direct Staff Report EQT Exeter Real Estate Income Trust has paid $60.9 million, or $135.44/sf, for the 449,642-square-foot industrial property at 110 SE Inner Loop Road in Georgetown, Texas. The Radnor, Pa., non-traded REIT purchased...
Commercial Real Estate Direct Staff Report Decron Properties has paid $99 million, or $414.66/sf, for Mira Mesa Market West Shopping Center, a 238,747-square-foot retail property in Mira Mesa, Calif. The Los Angeles investor purchased the shopping center from...
The Real Deal The Abu Dhabi Investment Authority is offering for sale The Edition Hotel in midtown Manhattan and is seeking $271 million for the 271-room property. The sovereign wealth fund had bought the property, at 5 Madison...
ConnectCRE BWE has arranged a total of $70.9 million of financing against apartment properties in Charlotte, N.C., and Marietta, Ga. Westplan Investors of Atlanta lined up $35.9 million against Accent Southtrail, a 304-unit property at 6026 Station Crossing...
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