Venture Pays $26.2Mln for D.C. Office Building
Washington Business Journal A venture of Garfield Investments and Broad Creek Capital has agreed to pay $26.2 million, or $134.97/sf, for the 194,115-square-foot office property at 1667 K St. NW in Washington, D.C. James Campbell Co. of Kapolei, Hawaii,...
353-Unit Apartment Complex in Washington, D.C., Fetches $84.5Mln
Washington Business Journal Trinity Property Consultants has paid $84.5 million, or $239,376/unit, for The Rowan, a 353-unit apartment complex in Washington, D.C. The Irvine, Calif., multifamily owner acquired the 10-story property from its developer, High Street Residential, an affiliate...
Mesirow Pays $157Mln for Seattle-Area Apartment Property
Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash., about five miles east of Seattle. The Chicago investment manager acquired the property, at 2758 78th Ave. SE,...
DivcoWest Buys 47.5% Stake in San Francisco’s 101 California
DivcoWest has completed its purchase of a 47.5% stake in the 101 California St. office building, with 1.25 million square feet in San Francisco's financial district. The San Francisco investment manager bought the stake for a price that valued...
Welltower Buys Seniors Housing Community Near Philadelphia for $35.5Mln
Philadelphia Business Journal Welltower has acquired Arbor Terrace Exton, an 88-unit seniors housing community in Exton, Pa., for $35.5 million, or $403,409/unit. The Toledo, Ohio, REIT bought the property from a venture of Bain Capital and Capitol Seniors Housing...
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