South Florida Office Complex Sells as 45 Percent Discount
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D.C. Apartment Property with 110 Units to be Sold at Auction
April 24, 2024
Crain's Chicago Business David Gassman has sold a portfolio of 17 apartment properties with 300 units in Chicago for $72.4 million, or $241,333/unit. The local investor sold the properties to eight different buyers in deals brokered by Essex Realty Group. ...
REBusiness Online A development group comprised of Mavrek Development, Double Eagle Development, Luxury Living and GW Properties has opened the 248-unit Saint Grand apartment property in Chicago. Work had started on it in January 2023. Mavrek and Luxury Living both ...
Commercial Real Estate Direct Staff Report Blackstone Real Estate Partners VIII LP is offering for sale the River North Point complex in Chicago, which includes 1.3 million square feet of office space and the 535-room Holiday Inn Mart Plaza hotel. ...
The Real Deal Crescent Heights has paid $80 million, or $404,040/unit, for the 198-unit apartment property at 850 North Lake Shore Drive in Chicago. The Miami developer purchased the property from JPMorgan Asset Management, which had acquired it in 2016 ...
A total of 568,915 square feet of the 857,955-sf property had been encumbered by what originally was an $80 million mortgage that was securitized through COMM, 2012-CCRE2. That loan, long troubled, had for the second time transferred to special servicer Trimont ...
The property had cost $171 million to construct, and in 2019 Deutsche Bank provided a $148 million loan against it.
Crain's Chicago Business A venture of Goldman Sachs and Magnolia Capital is offering for sale the 270-unit Vantage Oak Park Apartments in Oak Park, Ill., about nine miles west of Chicago. The venture has hired CBRE to market the property, ...
Crain's Chicago Business Wingspan Development Group is offering for sale a portfolio of three apartment properties with a combined 327 units in Mount Prospect, Ill., about 24 miles northwest of Chicago. Berkadia has the listing for the properties, which can ...
The 336,527-square-foot office building at 500 North Michigan Ave. in Chicago is expected to be offered for sale in order to resolve its $80 million mortgage. The property is owned by a New York investor group, which had bought it ...
Crain's Chicago Business An affiliate of Range Group is planning to build a 72-unit apartment project at 455 North Carpenter St. in Chicago. The local developer would build the five-story property on the site where an industrial facility currently sits. ...
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