Fortress Investment Group has provided $59.7 million of mortgage financing against the 287-unit Ellipse Urban Apartments in Hampton, Va. JLL Capital Markets arranged the floating-rate financing. The property, built in 2021 at 2001 Commerce Drive, near Joint Base Langley-Eustis and ...
An investor group operating as TCC Partners LLC, which is affiliated with Tetra Partners, a prominent Reston, Va., developer, bought the eight-story building from JPMorgan Chase Commercial Mortgage Trust, 2013-LC11. The CMBS trust had taken the property through a deed-in-lieu ...
The Central Intelligence Agency has paid $246.6 million, or $568.20/sf, for the 434,000-square-foot Dulles Discovery 2 office property at 13870 Air and Space Museum Parkway in Chantilly, Va. It bought the property from Peterson Cos. of Fairfax, Va., which developed ...
Commercial Real Estate Direct Staff Report The venture that owns the 983,686-square-foot Plaza America office complex in Reston, Va., is looking to negotiate a term extension of the property's $204.34 million of indebtedness. The venture, comprised of Tamares Group of ...
Commercial Real Estate Direct Staff Report Tysons Commerce Center, a 181,542-square-foot office property in the Washington, D.C., suburb of Tysons Corner, Va., has been sold for $12 million, or $66.10/sf. An investor group operating as TCC Partners LLC, which is ...
Washington Business Journal The Central Intelligence Agency has paid $246.6 million, or $568.20/sf, for the 434,000-square-foot Dulles Discovery 2 office property at 13870 Air and Space Museum Parkway in Chantilly, Va. It bought the property from Peterson Cos. of Fairfax, ...
The Louisville, Colo., investor acquired the property through a court-appointed receivership sale. It previously was owned by a venture of Quadrangle Development Corp. of Washington and Rockpoint Group of Boston, which bought it in 2017 for $90 million, according to ...
Sterling Heritage serves as collateral for a $38.05 million senior loan that's securitized through FREMF, 2018-K81, and a $3.04 million supplemental loan that's in FREMF, 2021-KJ34. The senior loan pays a 4.33% coupon, while the supplemental loan pays a 4.37% ...
JBG Smith Properties has paid $42.3 million, or $84.60/sf, for the 489,239-square-foot Tysons Dulles Plaza office complex in the Washington, D.C., suburb of McLean, Va. The Bethesda, Md., REIT bought the three-building property, at 1410-1430 Spring Hill Road, from Rockpoint ...
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