Springer Capital Pays $240.2Mln for S.C. Apartment Portfolio
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309-Unit Apartment Property Opens in Phoenix
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Commercial Real Estate Direct Staff Report Primestor Development has paid $90 million, or $252.10/sf, for the 357,000-square-foot Esplanade Shopping Center in Oxnard, Calif. The Culver City, Calif., company purchased the property from an affiliate of DRA Advisors, which had acquired it ...
Atlanta Business Chronicle Shorenstein Properties is buying 14th + Spring, a vacant office building totaling 324,000 square feet in Atlanta's Midtown area. Greenstone Properties and an affiliate of Goldman Sachs' Merchant Banking Division is selling the 12-story property, which was ...
ConnectCRE Derby Copeland Capital has paid $60.25 million for a portfolio of four apartment buildings with 172 units in Manhattan. The New York investment manager acquired the properties from Page Management, also of New York, in a deal arranged by ...
REBusiness Online Construction has started on the 398-unit Oxbow Apartments in Charlotte, N.C. Space Craft, a developer with offices in New York, San Francisco and Charlotte, is building the property at 2125 North Davidson St. in Charlotte's Mill District. Units ...
Commercial Property Executive A fund managed by Ares Management has paid $64 million, or $247.58/sf, for the 258,506-square-foot industrial property at 7400 West Hazard Ave. in Westminster, Calif. The Los Angeles investor purchased the property from Clarion Partners, which had ...
SeaCoast Bank and Trustmark have provided $60 million of financing, allowing for construction to get underway on the proposed 212-unit McGinnis Ferry apartment property in Suwanee, Ga. The property will be built at 3108 McGinnis Ferry Road, just northeast of ...
Commercial Real Estate Direct Staff Report PGIM Real Estate has provided $53.5 million of financing against the 171-unit Theory U District student-housing property in Seattle. The financing pays a floating rate and allows the property's owner, Blue Vista Capital Management ...
South Florida Business Journal Lurra Capital has bought the Queue Apartments, a 191-unit property in Fort Lauderdale, Fla., for $58.9 million, or about $308,377/unit. The Miami Beach, Fla., company purchased the property from Boardwalk Properties of Davie, Fla., which had ...
PCCP LLC has provided $53.5 million of financing for the construction of the 204,407-square-foot Belleville Logistics industrial property in the northern New Jersey township of Belleville. The two-building property is being developed on a speculative basis by Lincoln Equities Group ...
KeyBank has provided a $54.9 million loan under the U.S. Department of Housing and Urban Development's 223(f) program for the 283-unit Grandview Terrace Apartments in the Journal Square neighborhood of Jersey City, N.J. The property, at 222 Saint Pauls Ave., ...
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