BlackRock Inc. has agreed to buy ElmTree Funds, a St. Louis investment manager that specializes in net leased industrial, office, and healthcare properties. BlackRock, the world's largest investment manager with more than $11.6 trillion of assets under management, said it ...
Commercial Real Estate Direct Staff Report Foothills Bank has provided $37.09 million of financing to facilitate Baseline Partners' $44.58 million purchase of the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz. Baseline, of Mesa, Ariz., purchased the property from MIG Real ...
MIG Real Estate has sold the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz., for $44.58 million, or $272.98/sf. The Newport Beach, Calif., investor, which acquired it in 2011, when it was 46% occupied, for $21 million, sold it to an ...
New York Life Real Estate Investors has paid $38.3 million, or $416.50/sf, for the Pembroke Pines Medical Plaza, a 91,956-square-foot medical office complex in Broward County, Fla. The company purchased the four-building property from PPM Capital of Aventura, Fla., in ...
Remedy Medical Properties has paid $24.8 million, or $278.65/sf, for Arbor Lakes Medical, an 89,000-square-foot medical office property in Maple Grove, Minn. The Chicago company purchased it from an affiliate of Olympus Ventures LLC. The property was built in 2000 ...
MIG Real Estate has sold the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz., for $44.58 million, or $272.98/sf. The Newport Beach, Calif., investor, which acquired it in 2011, when it was 46% occupied, for $21 million, sold it to an ...
Commercial Real Estate Direct Staff Report Siemens Financial Services has provided $34.12 million of construction-to-permanent financing against SixSixty, a 124,076-square-foot medical office property in downtown Sacramento, Calif. JLL Capital Markets arranged the seven-year loan on behalf of the property's owner, ...
South Florida Business Journal New York Life Real Estate Investors has paid $38.3 million, or $416.50/sf, for the Pembroke Pines Medical Plaza, a 91,956-square-foot medical office complex in Broward County, Fla. The company purchased the four-building property from PPM Capital ...
Minneapolis/St. Paul Business Journal Remedy Medical Properties has paid $24.8 million, or $278.65/sf, for Arbor Lakes Medical, an 89,000-square-foot medical office property in Maple Grove, Minn. The Chicago company purchased it from an affiliate of Olympus Ventures LLC. The property ...
Transwestern Investment Group has paid $36 million, or $386.01/sf, for Copper Point, a 93,262-square-foot medical office building in Gilbert, Ariz. The Houston company purchased it from RX Health & Science Trust of Chicago - formerly known as CA Ventures - ...
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.
