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 ...
MonticelloAM has provided $37.85 million of bridge financing against the 240-unit Bayville Apartments in Virginia Beach, Va. The bridge loan was arranged by JLL. The Bayville apartment property, formerly Waypoint at Bayville, is at 1512 Kindly Lane, near Lake Smith ...
Commercial Observer 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 ...
Argentic Investment Management has provided an $81.9 million loan against One Logistics Park Building 2, a 1.02 million-square-foot industrial property in Winchester, Va. The building, at 1251 Coverstone Drive, is owned by the Meridian Group of Bethesda, Md., which will ...
Commercial Observer Berkadia has provided an $84.1 million loan against Meridian at Eisenhower Station, a 369-unit apartment property in Alexandria, Va. The loan has a 10-year term. The property, which opened in 2007, is owned by Paradigm Development of Arlington, ...
To fund its purchase, Briar Capital lined up a $71.4 million mortgage from Freddie Mac that was provided through Newmark, which also arranged the property's sale. The property was previously encumbered by a $47.65 million Fannie Mae loan. The Latitudes, ...
Briar Capital Management has paid $102 million, or $227,678/unit, for the 448-unit Latitudes Apartments in Virginia Beach, Va. The New York investment manager bought the property from Heritage Capital Group of Jacksonville, Fla., which purchased it from Brookfield Asset Management ...
Commercial Real Estate Direct Staff Report Goldman Sachs and Barclays Capital have provided $150 million of mortgage financing against the Springfield Town Center shopping mall in the Washington, D.C., suburb of Springfield, Va. The loan, which requires only interest payments ...
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