State: Mississippi - MS
DLP, RREAF, 3650 REIT Partner Again on $500Mln Apartment Portfolio Purchase
Commercial Real Estate Direct Staff Report A venture of DLP Capital, RREAF Holdings LLC and 3650 REIT has purchased a portfolio of 10 apartment properties with 2,750 units in seven Southern states in a deal valued at $500 million. The ...
Bravo Capital Lends $42.25Mln for Jackson, Miss., Apartments
Bravo Capital has provided $42.25 million of financing to fund the acquisition of the 441-unit Willow Point apartment property in Jackson, Miss. The lender, headquartered in New York, provided a short-term, or bridge, loan against the property, and is expected ...
Market Street Flowood
Family-run investment firm 5Rivers CRE has paid $37 million, or just more than $140/sf, for Market Street Flowood, a 263,852-square-foot retail property in Flowood, Miss., which is just north of the state capital, Jackson. The property is 96 percent leased. ...
Retail Center Near Jackson, Miss., Sells for $37Mln
Family-run investment firm 5Rivers CRE has paid $37 million, or just more than $140/sf, for Market Street Flowood, a 263,852-square-foot retail property in Flowood, Miss., which is just north of the state capital, Jackson. The Houston company now owns 21 ...
$39.8Mln Freddie Mac Student-Housing Loan Becomes Delinquent
Commercial Real Estate Direct Staff Report The weak occupancy at the Domain at Oxford student-housing property near the University of Mississippi in Oxford, Miss., has pushed the property's cash flow to well below that needed to fully service its $39.8 ...
$62Mln CMBS Loan on Mississippi Retail Property Nears Modification
Commercial Real Estate Direct Staff Report The $62 million CMBS loan against the Outlets of Mississippi, which had transferred to special servicing in late 2018 and defaulted the following May, is close to getting modified. News of the upcoming modification ...
Forum at Grandview
fully leased.
Legacy at Church Lake apartment property
88.4 percent occupied. NKF arranged a $25 million Freddie Mac loan that has a 10-year term and requires only interest payments for the first three years. It pays a coupon pegged to Libor plus 184 basis points.
Madison, Miss., Shopping Center Sells for $31.75Mln
Hendon Properties has paid $31.75 million, or $147/sf, for the 216,144-square-foot Forum at Grandview in the Jackson, Miss., suburb of Madison, Miss. The Atlanta retail specialist bought the shopping center from CBL Properties, a Chattanooga, Tenn., REIT that had developed ...
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