South Florida Business Journal CIBC Bank USA has provided $15.38 million of construction financing for the development of a 200,000-square-foot warehouse in Jupiter, Fla. TPA Group recently broke ground on the industrial project, at 15601 Park of Commerce Blvd. in ...
Commercial Real Estate Direct Staff Report Blaze Partners, a Charleston, S.C., multifamily investment firm, is looking to acquire hotels in the southeastern United States and convert them to apartments. The company closed on its first deal last week, paying $10 ...
Rentv.com Buchanan Street Partners has paid $22 million, or $20,000/unit, for a 1,100-unit self-storage facility at 6191 SE Powell Blvd. in Portland, Ore. The Newport Beach, Calif., investment firm purchased the property from Leon Capital Group. The three-story property, which ...
South Florida Business Journal GDF Properties has paid $17.3 million, or about $91,534/unit, for a portfolio of 29 apartment buildings with a total of 189 units in Broward County, Fla. The Joyce M. Tinglof Land Trust was the seller. The ...
Dwight Capital has provided $20.18 million of financing under the U.S. Department of Housing and Urban Development's 223(a)(7) program against the 242-unit Twin Oaks at Southwood apartment property in Tallahassee, Fla. The loan allowed the 19-year-old property's owner, an affiliate ...
Tampa Bay Business Journal Birtcher Anderson & Davis has paid $17.1 million, or about $94.83/sf, for Sunstate Business Park, a 180,323-square-foot industrial property in Tampa, Fla. Citimark sold the eight-building property and was represented in the deal by Colliers International. ...
Midwest Real Estate Journal Colliers Mortgage has provided an $18.2 million Fannie Mae loan to finance Peak Capital Partners's acquisition of the 98-unit Crossroads at Elm Creek in Maple Grove, Minn. The loan has a 10-year term and amortizes on ...
Real Estate NJ Benderson Development has paid $16.4 million, or $127.41/sf, for the 128,715-square-foot retail property at 60 Orange St. in Bloomfield, N.J. The University Park, Fla., company bought the building from Acadia Realty Trust, a White Plains, N.Y., REIT. ...
Triad Business Journal A venture of Commercial Realty Advisors and Clarendon Properties has started work on a 102-room Fairfield Inn & Suites by Marriott hotel in Whitsett, N.C., about 14 miles east of Greensboro, N.C. The property is being built ...
Commercial Real Estate Direct Staff Report Lodging Fund REIT III, a non-traded REIT sponsored by Legendary Capital, has paid $27.9 million, or nearly $198,000/room, for the recently opened Courtyard by Marriott Denver-Aurora hotel in Aurora, Colo. The Fargo, N.D., company ...
