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CREFC’s Lisa Pendergast Retiring in August
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Multi-Housing News Deutsche Bank has provided a $74.1 million loan for the multifamily conversion of the 126,000-square-foot Bank of Italy office property in downtown San Jose, Calif. The loan was arranged by Cushman & Wakefield on behalf of a venture ...
The Real Deal An affiliate of Hennick & Co. has paid $66 million, or $857,143/room, for the shuttered Chambers Hotel Central Park South in Midtown Manhattan. The Toronto investment company bought the 14-story property from an affiliate of BD Hotels, a New ...
Baltimore Business Journal Rose Valley Capital has paid $67.1 million, or $169,444/unit, for Crossings at White Marsh, a 396‑unit apartment complex in Nottingham, Md. The Brooklyn, N.Y., investor acquired the garden‑style property from Continental Realty Corp. of Baltimore, which had ...
A venture between Harbor Associates and Farallon Capital Management has paid $81 million, or $289.29/sf, for the Yorba Linda Commerce Center, a 280,000-square-foot industrial complex in the Orange County, Calif., city of Yorba Linda. The venture bought the 10-building property, ...
Atlanta Business Chronicle TA Realty has paid $55.4 million, or $522.64/sf, for Peachtree Station, a 106,000‑square‑foot retail property in Chamblee, Ga., about 11 miles north of downtown Atlanta. The Boston company purchased the shopping center from Harrison Street Asset Management ...
Silicon Valley Business Journal Brookfield has paid $90.25 million, or $752.08/sf, for the 120,000-square-foot Equinix SV4 Sunnyvale Data Center in Sunnyvale, Calif., about 41 miles southwest of San Francisco. The New York investment firm acquired the property, at 255 Caspian ...
The venture of Rabina and New Blueprint Partners that's developing the VIC apartment property in Vancouver, Wash., has lined up $75 million of construction financing for the 250-unit project. The loan was arranged by JLL Capital Markets. The apartment property is ...
Denver Business Journal Ares Management Corp. has paid $64.7 million, or $227.82/sf, for Verve Commerce Center, a two-building industrial property with 284,000 square feet in Broomfield, Colo., a northern suburb of Denver. The Los Angeles investment manager acquired the property ...
Commercial Real Estate Direct Staff Report The freestanding Lord & Taylor store in the Westchester County, N.Y., town of Scarsdale has been sold for $79.6 million, or nearly $401/sf. The 198,523-square-foot property, on 11 acres at 750 White Plains Road, ...
Washington Business Journal The NHP Foundation has paid $53.7 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md., about 25 miles northwest of downtown Washington, D.C. The New York nonprofit acquired the apartment property from Elme ...
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