South Florida Business Journal Tabani Group has paid $25.73 million, or $1,080/sf, for the 23,824-square-foot Wynwood Jungle retail property in Miami. The Dallas investor acquired the two-story shopping center from an affiliate of local real estate company Rivani, which...
Commercial Real Estate Direct Staff Report The 12-story mixed-use building at 250 Livingston St. in Brooklyn, N.Y., has been reappraised at a value of only $23.1 million, contributing to Morningstar DBRS' downgrade of five principal-paying classes of one of...
Washington Business Journal GoodHomes Communities has paid $35 million, or $187,166/unit, for the Arlington Court Suites, a 187-room hotel in the Washington, D.C., suburb of Arlington, Va. The New York investment firm purchased the property from an affiliate of...
Four Mile Capital, in partnership with Midloch Investment Partners, has paid $38.25 million, or $180,424/unit, for the 212-unit Frontgate Apartments in Louisville, Ky. Four Mile, of Louisville, Colo., and Midloch, of Chicago, acquired the property from an affiliate of...
Pacific Life Insurance Co. has provided $124.6 million of financing against the 363-unit Arthur on Aberdeen apartment property in Chicago's Fulton Market neighborhood. JLL Capital Markets arranged the three-year loan on behalf of the two-year-old property's developer and owner,...
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