South Florida Business Journal A venture of Barings and 13th Floor Investments has broken ground on the third building at the Link at Douglas residential complex in Miami. Barings, of Charlotte, N.C., and 13th Floor, of Miami, lined up $125 [...]
Commercial Real Estate Direct Staff Report Hines Global Income Trust has paid $309 million for three industrial properties in Massachusetts, Georgia, and South Carolina. The non-traded REIT bought two of the properties from Davis Cos. of Boston. It paid $195.51 [...]
Barings has provided $71.85 million of mortgage financing against the 247-unit Park at SouthSide Works apartment building in Pittsburgh. The loan, arranged by Newmark, allowed the property’s developer, SomeraRoad Inc. of New York, to retire $71 million of financing that [...]
Commercial Observer PLT Energia has paid $22.4 million, or $839.90/sf, for the 26,670-square-foot office building at 30 West 56th St. in midtown Manhattan. The Italian energy company acquired the property from siblings Massimo and Alberta Ferretti, who had purchased it [...]
Commercial Real Estate Direct Staff Report Dwight Mortgage Trust, the mortgage REIT affiliate of Dwight Capital, is tapping the collateralized loan obligation market for the first time with a $925 million managed deal. The transaction, Dwight, 2025-FL1, is backed by [...]
Charlotte Business Journal Eaton Vance, an affiliate of Morgan Stanley, has paid $139 million, or $174.19/sf, for a 798,000-square-foot industrial building in the Charlotte, N.C., suburb of Statesville, N.C. Grandview Partners sold the building, which sits on 84.3 acres at [...]
Tampa Bay Business Journal Camden Property Trust has bought Cortland Bayside, a 330-unit apartment complex in Clearwater, Fla., for $109 million, or $330,303/unit. The Houston REIT purchased the property from Cortland of Atlanta, which had acquired it in late 2020 [...]
Nashville Business Journal Mourya Hotels LLC has paid $16 million, or $65.31/sf, for the 250,000-square-foot Citizens Plaza office building in downtown Nashville, Tenn. The company, which is led by local investor Nishith Jobalia, purchased the 15-story property from the state of [...]
Nashville Business Journal An affiliate of Blackstone is selling Fifth Third Center, a nearly 650,000-square-foot office building in downtown Nashville, Tenn. The pending buyer and purchase price were not immediately known. Cushman & Wakefield is brokering the deal. The New [...]
Commercial Observer AXA Investment Managers Alternatives has provided an $80 million loan against the 152-unit apartment property at 110 Horatio St. in the West Village section of Manhattan. JLL Capital Markets arranged the 10-year loan. Rockrose Development Corp. of New [...]
