Santander Bank provided $32.5 million of financing for the property's construction. Additional equity was provided by a U.S. affiliate of Kyushu Electric Power Co.
Commercial Observer A venture of Sterling Investors and Simpson Housing has purchased the 508-unit Signature at Reston apartment property in the Washington, D.C., suburb of Reston, Va., from BXP Inc. The venture is said to have paid about $240 million, ...
The 43,989-square-foot Crossroads Village Center in the northern Virginia town of Haymarket has been sold for $25.4 million, or $577.42/sf. A Vienna, Va., investor group, Atlantic Nation Management LLC, bought the property, at 15159 Washington St., some 38 miles from ...
Greystone provided a $28.9 million loan for the acquisition. Newmark arranged the five-year loan, which pays a 4.81% coupon.
Commercial Real Estate Direct Staff Report Citibank has provided $600 million of financing against eight apartment properties with 3,241 units in the Southeast and Midwest regions of the country owned by investment manager West Shore. The five-year financing, arranged by ...
Commercial Property Executive LaSalle Investment Management has bought AXIAL Gateway 95, a 505,068-square-foot industrial property in Colonial Heights, Va., for $70.5 million, or $139.59/sf. The Chicago company purchased the warehouse from Crescent Communities of Charlotte, N.C., in a deal brokered by ...
The 43,989-square-foot Crossroads Village Center in the northern Virginia town of Haymarket has been sold for $25.4 million, or $577.42/sf. A Vienna, Va., investor group, Atlantic Nation Management LLC, bought the property, at 15159 Washington St., some 38 miles from ...
Commercial Observer A venture of Conserve Holdings and Calibogue Capital has paid $45 million, or $200,892/unit, for the 224-unit Sphere apartment property in Richmond, Va. The venture acquired the property from MVP Equities of McLean, Va. Greystone provided a $28.9 ...
Morgan Stanley Real Estate Investing has paid $35.7 million, or $154.55/sf, for the 231,000-square-foot Harbor Commerce Center in Hampton, Va. The investment manager bought the two-building industrial property from W.M. Jordan Co. of Newport News, Va. Newmark arranged the transaction. ...
FCP has provided $47.1 million of capital—a senior loan and preferred equity—through its structured investments platform to fund the construction of the Mira and Ador, a pair of apartment buildings with 553 units and ground-floor retail space next to the ...
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