Philadelphia Business Journal L&B Realty Advisors has paid $82.4 million, or $359,825/unit, for the 229-unit Granary apartment property in the Logan Square section of Philadelphia. The Dallas investment manager acquired the property from LaSalle Investment Management, which paid $119.4 million ...
Commercial Real Estate Direct Staff Report A Brandywine Realty Trust venture has lined up an $87.32 million commercial property assessed clean energy, or C-PACE, loan against the 489,548-square-foot life-sciences building at 3151 Market St. in Philadelphia's Schuylkill Yards area. Nuveen ...
Commercial Observer M&T Realty Capital Corp. has provided a $55.7 million loan against the 252-unit LiveWell Apartments in Pittsburgh. The property, at 550 Wood St., is a former 314,000-square-foot office building that was converted into apartments and is owned by ...
Bank OZK and Affinius Capital have provided a total of $140.7 million of financing for the construction of the 270-unit Piazza at Ardmore apartment property in the Philadelphia suburb of Ardmore, Pa. The property, in the Philadelphia region's Main Line ...
The 1700 Market St. office building in downtown, or Center City, Philadelphia has been placed on the sales block as its foreclosure case is winding down. Cushman & Wakefield, receiver for the 850,209-square-foot property, has been tapped to market it ...
Commercial Observer Bank OZK and Affinius Capital have provided $140.7 million of financing for the development of the Piazza at Ardmore, a 270-unit apartment property in the Philadelphia suburb of Ardmore, Pa. The bank provided $112.6 million of senior financing, ...
The Eastern Atlantic State Regional Council of Carpenters has paid $52 million, or $250.26/sf, for the 207,770-square-foot office property at 5 Crescent Drive and 4411 South Broad St. in Philadelphia's Navy Yard Corporate Center. The property was owned by a ...
Philadelphia Business Journal The Eastern Atlantic State Regional Council of Carpenters has paid $52 million, or $250.26/sf, for the 207,770-square-foot office property at 5 Crescent Drive and 4411 South Broad St. in Philadelphia's Navy Yard Corporate Center. The property was ...
Brown's Real Estate has paid $30.8 million, or $311.17/sf, for Shoppes at Wissinoming, the 98,982-square-foot shopping center at 5597 Tulip St. in Northeast Philadelphia. The Westville, N.J., investor, which owns and operates 14 ShopRite grocery stores in the Philadelphia area, ...
Commercial Real Estate Direct Staff Report The $32.43 million CMBS loan against the 151-unit Brush Factory Lofts apartment property in South Philadelphia, which has been chronically delinquent, was recently reclassified as being in foreclosure. The loan, securitized through Benchmark Mortgage ...
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