Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
144-Unit Apartment Property Opens in Arlington, Va.
April 19, 2024
CenterPoint Sells 3 Ill. Industrial Buildings for $125Mln
April 19, 2024
State: South Carolina - SC
JLL Income Lends $48Mln Against North Charleston, S.C., Apartments
JLL Income Property Trust has provided $48 million of senior financing against the 358-unit Link Apartments Mixson at 4501 Mixson Ave. in North Charleston, S.C. The loan brings the Chicago REIT's loan book to $100 million. The company, whose shares ...
Northwestern Mutual Lends $120Mln Against Charleston, S.C., Apartments
Northwestern Mutual Life Insurance Co. has provided $120 million of financing against the 379-unit Morrison Yard Residences apartment property in Charleston, S.C. The five-year loan, with a coupon in the low 6-percent range, was arranged by CBRE Capital Markets' debt ...
Oakbrook Station
The property serves as collateral for an $18.65 million loan that's securitized through Benchmark Mortgage Trust, 2024-V5. The interest-only loan pays a 6.6 percent coupon and matures in 2029. The shopping center is 99 percent leased.
Grocery-Anchored Shopping Center Near Charleston, S.C., Fetches $29Mln
REBusiness Online Kempner Properties has paid $29 million, or about $209.94/sf, for the 138,137-square-foot Oakbrook Station shopping center in Summerville, N.C., about 22 miles northwest of Charleston, S.C. The New York company purchased the grocery-anchored retail property from LBX Investments, ...
Sunroad Refis Southeastern U.S. Apartment Portfolio
REBusiness Journal Sunroad Enterprises has lined up $149 million to refinance an 857-unit apartment portfolio in the southeastern U.S. An unidentified life insurance company provided the three-year loan, which pays a fixed rate and was arranged by JLL. The portfolio, ...
PCCP Lends $102Mln Against 5 Stoltz-Owned Industrial Properties
PCCP LLC has provided $102 million of mortgage financing against a portfolio of five industrial properties with 1.6 million square feet owned by Stoltz Real Estate Partners. The five properties, constructed between 2018 and 2023, are fully leased to seven ...
IBM 500 Campus
Hines Global Income Trust has paid $66 million, or just more than $85/sf, for the IBM 500 Campus, a four-building office property that sits on a 146-acre parcel next to the Research Triangle Park in Durham, N.C. The Houston REIT, ...
264-Unit Apartment Property in Charleston, S.C., Sold
Tampa Bay Business Journal Argyle Real Estate has purchased Newbrook Point Hope, a 264-unit apartment property in Charleston, S.C., for an undisclosed price. The seller was not identified. Newbrook Point Hope, at 301 Newbrook Drive, was built in 2020 and ...
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