American Realty, Alliance Commercial Venture to Pay $70.3Mln
The Arizona Republic A venture between American Realty Advisors and an affiliate of Alliance Commercial Partners has paid $70.3 million for the Great American Tower, a 338,411-square-foot building in Phoenix. US Office Holdings Ltd. of Atlanta sold the 24-story...
Capital Partners Pays $143Mln for 320 Residential Units in San Francisco
Commercial Real Estate Staff reportCapital Partners has acquired the Rincon Center Residential Towers in San Francisco for $143 million from a fund managed by Beacon Capital Partners.The two building, 320-unit property at 88 Howard Street is part of Rincon Center,...
Silver-McCann Purchases Dallas Apartments
Silver-McCann Apartment Group II has purchased the Barons Apartments, a 508-unit residential property in Dallas.The buyer, which is a joint venture between McCann Realty Partners and Silver Capital, purchased the property from an affiliate of Mockingbird Properties of Dallas.A...
Argus Seen as Buyer for Billingsley’s Suburban Dallas Office Package
Argus Realty Investors is said to be the likely buyer for a large office portfolio in Plano, Texas. The firm, which was said to have bid $215 million, is purchasing the portfolio from Billingsley Co.
Prudential Provides $35Mln of Financing for Durham, N.C., Hotel
An undisclosed owner has lined up $35 million of mortgage debt for the Sheraton Imperial Raleigh, a 331-room hotel in Durham, N.C.Prudential Mortgage Capital provided the financing, which carries a 10-year term with a fixed-rate. Todd Crouse of Crouse...
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