GO Residential to Pay $222.6Mln for Lower Manhattan Apartments
GO Residential REIT has agreed to pay $222.6 million, or $1.07 million/unit, for the 209-unit apartment property at 7 Dey St. in Lower Manhattan. The Toronto REIT was formed just last year to invest in luxury apartment buildings in Manhattan...
Bank of America Expands to Take All of Manhattan’s One Bryant Park
Bloomberg Bank of America has agreed to take occupancy of all 2.36 million square feet at the One Bryant Park office building in Midtown Manhattan. The 51-story property was constructed in 2008 catercorner to Bryant Park on 42nd Street....
CIRE Equity Buys 2 Van Nuys, Calif., Industrial Buildings for $116Mln
The Real Deal CIRE Equity has paid $116 million, or $377.85/sf, for a pair of neighboring industrial buildings with a total of 307,000 square feet in Van Nuys, Calif. The San Diego private equity firm bought the properties from...
AmTrust Pays $77Mln for Chicago Apartment Property
The Real Deal AmTrust has paid $77 million, or $409,574/unit, for the 188-unit apartment building at 220 West Illinois St. in Chicago. The New York investment firm acquired the property from Cortland, which bought it in 2022 for $105...
Peachtree Lends $103Mln Against Miami Beach Hilton Hotel
Peachtree Group has provided $103 million of financing against the Hilton Miami Beach Convention Center Hotel, a collection of seven buildings that Chetrit Group acquired in 2012 and is redeveloping into one 289-room property. The buildings on the 1.6-acre...
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