Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
State: Georgia - GA
Partners Real Estate Expands to the Southeast, Opens First Office Outside of Texas
Partners Real Estate has opened an office in Atlanta, its first outside of Texas. The Houston company, which has an investment management arm, Partners Capital, has hired John O'Neill as president and managing partner of its Southeast operation, effective June ...
LoanCore Capital Takes Atlanta Apartment Property Through Foreclosure
Atlanta Business Chronicle LoanCore Capital has taken through foreclosure the Optimist Lofts, a 212-unit apartment property in Atlanta's Piedmont Heights neighborhood. The lender two years ago had provided $48 million of financing to Liquid Capital of Hackensack, N.J., to facilitate ...
Atlanta’s Wildwood Center Gets $65Mln of CMBS Financing; Distressed Debt Retired
Franklin BSP Realty Trust Inc. has provided $65 million of financing against the Wildwood Center, a 668,082-square-foot office property in Atlanta. The fresh financing, which requires only interest payments for its five-year term and pays a 7.98 percent coupon, was ...
Shadowood, at 2100, 2110 and 2120 Power Ferry Road
Woodside Capital Partners has bought Shadowood, a three-building office complex with about 200,000 square feet in Atlanta, for $14 million, or about $70/sf. The Fort Worth, Texas, real estate firm purchased the property from local investor Atlanta Property Group, which ...
Aspire Lenox Park
The Austin, Texas, company purchased the 10-building property from Willow Bridge Property Co. of Dallas, which had bought it for $75.3 million a decade ago.
Arbor Terrace Peachtree City
GEM Realty Capital has bought the 146-unit Arbor Terrace Peachtree City seniors-housing property in the Atlanta suburb of Peachtree City, Ga. CBRE brokered the deal and arranged Freddie Mac financing, terms of which were not known. The seller and purchase ...
Suburban Atlanta Development Site Sold for $44Mln; Mixed-Use Planned
REBusiness Online Toro Development has bought a 43-acre development site in suburban Atlanta for $44 million, with plans to build a mixed-use project. The Alpharetta, Ga., company is building the property at the intersection of Johns Creek Parkway and McGinnis ...
Starwood Lends $94.13Mln for Ga. Retail Property
Commercial Real Estate Direct Staff Report Starwood Property Trust has provided $94.13 million to help fund 5Rivers CRE LLC's purchase of the 1.06 million-square-foot Fayette Pavilion retail property in Fayetteville, Ga. As reported, 5Rivers, of Houston, had purchased the property from ...
Vero Capital Recapitalizes Office Portfolio; Brings in New Equity, Pays Loan Off at Discount
Vero Capital has partnered with Prime Finance to recapitalize a portfolio of four office properties with 987,072 square feet in a deal that involved the discounted pay off of a $198 million loan.
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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.
