ROI-NJ.com Inspired Healthcare Capital has purchased the 195-unit Homestead at Hamilton seniors-housing property in Hamilton Township, N.J., for $97.5 million, or $500,000/unit. The Scottsdale, Ariz., investment manager bought the property, which sits on 20 acres at 2560 Kuser Road, from ...
Multi-Housing News A venture of MRP Realty and Barings has lined up $69.4 million of financing for the third phase of the Washington Gateway mixed-use complex in Washington, D.C. Santander Bank provided the loan, which was arranged by Eastdil Secured. ...
Inland Real Estate Group has paid $100 million, or $346,021/unit, for the 289-unit Bend Arbordale apartments in Williamsburg, Va. The Oak Brook, Ill., investment manager bought the property from Bonaventure of Alexandria, Va., which had developed it in 2018, funding ...
PCCP LLC has provided $50.8 million of mortgage financing for the construction of Henley Place, a 178-unit apartment building in the Portland, Ore., suburb of Milwaukie, Ore. The six-story building is being developed by Pahlisch Commercial of Bend, Ore., on ...
Commercial Real Estate Direct Staff Report Northwestern Mutual Life Insurance Co. has provided $65 million of mortgage financing against Skyline Lofts, a 332-unit apartment property in Phoenix. The 10-year loan, which amortizes on a 30-year schedule, was arranged by Northmarq. ...
Associated Bank and Old National Bank each has provided $32.5 million of financing for the construction of Carbon 31, a 403-unit apartment property in Bloomington, Minn. The property, at 8100 31st Ave. S., about 11 miles south of Minneapolis, is ...
Clear Capital LLC has paid $82 million, or $353,448/unit, for Foothill Ridge, a 232-unit apartment property in Upland, Calif. The Irvine, Calif., investor purchased the property from Virtu Investments of Larkspur, Calif., which had acquired it in 2018 for $48.25 million. ...
PGIM Real Estate has provided $87.1 million of financing against the Valley and Bloom apartment property in the New York City suburb of Montclair, N.J. The seven-year loan, which pays a floating coupon, was arranged by JLL Capital Markets. The ...
Commercial Real Estate Direct Staff Report Blatteis & Schnur Inc. has paid $52.25 million, or $1,838/sf, for Tiffany and Shops, a 28,421-square-foot retail center in Pasadena, Calif. The Los Angeles investment and development company purchased the property from an affiliate ...
Charlotte Business Journal Beacon Partners has sold The Square at South End, a 156,401-square-foot office building in Charlotte, N.C. The local developer sold the 10-story property, which sits on 1.8 acres at 200 West Blvd., to USAA of San Antonio. ...
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