Valuation: Between $25 million and $50 million

August 27, 2003 New York Post (Second item)Investor Ivor Bracka sold the five Manhattan apartment buildings that Apartment Investment and Management Co. just bought. As earlier reported, Denver-based Aimco paid $37.5 million for the buildings, which are located at 181-199 ...

August 27, 2003 A Home Depot property in Colma, Calif., has traded hands for $32.5 million, or about $320/sf.A Phoenix-based investment partnership bought the big box retail space for what amounts to a 6.75 percent market capitalization rate.Marcus & Millichap ...

August 27, 2003 Boykin Lodging Co. (NYSE:BOY) has paid $27.25 million for the 233-unit Radisson Suite Beach Resort in Marco Island, Fla.Boykin, a Cleveland hotel REIT, said the property was an "ideal candidate" to be converted into a condominium, where ...

August 26, 2003 Apartment Investment and Management Co. (NYSE:AIV) has paid $37.5 million for five apartment buildings in Manhattan, near Lincoln Center. The properties total 58 units and 12 commercial spaces on the ground floor. Aimco said it structured the ...

August 26, 2003 GMAC Commercial Mortgage Corp. has provided $43.5 million of debt and equity for the acquisition of the Forest Office Park in Richmond, Va. GMAC's Intermediate Finance Group provided $33 million in debt for the property while its ...

August 25, 2003 Wells Real Estate Investment Trust Inc. has paid $38 million for 1055 East Colorado, a 176,000-square-foot office building in Pasadena, Calif.Nearly half of the building, which was built in 2001, is leased to Paracel, which has an ...

August 25, 2003 New York NewsdayMassachusetts Mutual Life Insurance Co. has sold the Sheraton Long Island Hotel in Hauppauge, N.Y. A partnership between Interstate Hotels & Resorts and Northridge Capital Inc. acquired the 209-room hotel, Long Island's eighth largest. The ...

August 22, 2003 AvalonBay Communities Inc. (NYSE:AVB) has sold Amberway, a 272-unit apartment complex in Anaheim, Calif., for $33.5 million.The Alexandria, Va., REIT said its investment in the property provided it with an unleveraged internal rate of return of 16.6 ...

August 22, 2003 Birmingham Business JournalCollateral Mortgage Capital LLC has funded the planned construction of BarreWoods Apartments in Kansas City, Mo., which will encompass 340 units across 17 two- and three-story buildings and numerous amenities. The $26.44 million, non-recourse loan ...

August 21, 2003 Sun-Sentinel (Third Item)Timco Aviation Services Inc., based in Greensboro, N.C., has listed its 536,000-square-foot industrial building at 3701 Flamingo Road in Miramar, Fla., with CB Richard Ellis Inc. for $26.75 million. The facility is occupied by Kellstrom ...