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Crain's Cleveland Business Paragon Real Estate Equity and Investment Trust has agreed to pay $64.7 million for 10 apartment properties in Texas and Ohio. The portfolio is being purchased from a group of partnerships. It totals 1,478 units. Its purchase ...
New York Post (Second item)Stonehenge Partners, led by Ofer Yardeni and Joel Seiden, has closed on its $168.5 million acquisition of the "Platinum Portfolio," four Manhattan apartment buildings totaling 330 units. The properties are at 20 Park Ave., 41 Park ...
The Business Journal of JacksonvilleAn Illinois development company has paid $29.3 million to acquire an Orange Park, Fla., apartment complex. Balis Development bought the 292-unit Bluff House Townhome Apartments on Town Center Boulevard from Orange Tree Properties. Balis plans some ...
A venture between Simpson Housing LP and Michigan State Retirement Fund has tapped Cushman & Wakefield to market a 10-property, 2,076-unit portfolio of apartment properties in suburban Dallas. The properties, which have condominium conversion potential, are being offered for $85 ...
MetLife is selling a 97-unit apartment building known as the Montrose in the Murray Hill section of the city. It could be marketed as a condominium conversion opportunity. Holliday Fenoglio Fowler has the listing.
National Development and Wakefield Investments lined up $69 million in construction financing for Arborpoint at Seven Springs, a 425-unit residential project in Burlington, Mass.The propert will have 331 rental units and 94 condominium units.Cigna Investments and Wachovia provided the eight-year, ...
New York Post (Third item)Extell Development Co. has sold two adjacent residential buildings in the SoHo Historic District of Manhattan for just over $23 million. The properties at 72-76 Greene Street are so similar; they appear to be a single ...
Boston Business JournalGlobal Property Developers Corp. is set to break ground on a $50 million residential condominium project in the Boston suburbs of Fitchburg, Mass. The 204-unit gated community will be developed in phases. The project, called The Falls at ...
Corus Bank has provided a $42.8 million loan for the acquisition and condominium conversion of an apartment community in Naples, Fla.Summer Wind Apartments was acquired by a venture known as Summer Wind 368 Delaware LLC.The property has 368 units, two ...
Boston HeraldThe relentless rise in Massachusetts residential condominium prices has ground to a halt, with prices dipping slightly in August, according to data from the Massachusetts Association of Realtors. The median condo price dropped 0.1 percent to $287,500 in August ...
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