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: Virginia - VA
Greysteel Arranges $18.3Mln Loan for Blacksburg, Va., Hotel
Commercial Observer Greysteel has arranged an $18.3 million loan against the 126-room Residence Inn Blacksburg-University hotel next to the Virginia Tech campus in Blacksburg, Va. The loan, provided by a regional bank, has a five-year term and pays a fixed ...
Woodmere Trace Apartment Homes
Fulton Peak Capital has paid $38.5 million, or $128,333/unit, for Woodmere Trace Apartment Homes, with 300 units in Norfolk, Va. The Raleigh, N.C., investment manager bought the property, at 6741 East Tanners Creek Drive, from Enterprise Community Development of Silver ...
CMBS Trust Takes Dulles View Office Property in Herndon, Va., Through Foreclosure
Commercial Real Estate Direct Staff Report The CMBS trust that had held a $50.4 million loan against the Dulles View office building in Herndon, Va., has taken title to the 359,689-square-foot property through foreclosure. The action was highlighted in this ...
300,000-SF Office Building in Arlington, Va., Sells for $25Mln
Washington Business Journal An affiliate of Dreyfuss Holdings has paid $25 million, or $83.33/sf, for the Xerox Building, a 300,000-square-foot office property in Arlington, Va. The Bethesda, Md., investor bought the property from TIAA, which had purchased it in 2011 for ...
Coralain Gardens
Enterprise Community Development Inc. has paid $21.7 million, or $204,716/unit, for Coralain Gardens, a 106-unit apartment property in Falls Church, Va. The nonprofit organization purchased the property, at 7435 Arlington Blvd., from Gates Hudson of Fairfax, Va. All of the ...
$38Mln CMBS Loan Against Reston, Va., Office Property Defaults
Commercial Observer The $38 million CMBS loan against Reston EastPointe, a 195,980-square-foot office property in Reston, Va., which had transferred to special servicer LNR Partners as its maturity approached late last year, remains outstanding. The loan, securitized through JPMorgan Chase ...
300-Unit Apartment Property in Norfolk, Va., Sells for $38.5Mln
Fulton Peak Capital has paid $38.5 million, or $128,333/unit, for Woodmere Trace Apartment Homes, with 300 units in Norfolk, Va. The Raleigh, N.C., investment manager bought the property, at 6741 East Tanners Creek Drive, from Enterprise Community Development of Silver ...
Dulles Town Center
Virginia Investment Properties LLC has paid $46 million, or $32.86/sf, for Dulles Town Center, a 1.4-million-square-foot shopping mall in the Washington, D.C., suburb of Sterling, Va. The property, at 21100 Dulles Town Circle, was sold by New York Life Insurance ...
40,000-SF Office Lease Signed in Arlington, Va.; Good News for CMBS Debt
The National Association of Corporate Directors has signed a lease for 40,000 square feet of space at the 530,010-sf office building at 1100 Wilson Blvd. in Arlington, Va. The trade group will be moving out of 1515 North Courthouse Road, ...
About
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.
