DLC/Principal Venture Place $43.65Mln of Loans on 2 Ohio Retail Properties

The venture between DLC Management and Principal Asset Management that in recent weeks had paid $76.3 million for the Taylor Square and Tuttle Crossing retail properties in the Columbus, Ohio, suburb of Dublin, Ohio, has lined up $43.65 million of [...]

By |2025-01-21T22:40:29+00:00January 21, 2025|Blogs|0 Comments

KKR Lends $95Mln for Marriott Dallas Uptown Hotel

KKR & Co. has committed to provide $95 million of mortgage financing against the 255-room Marriott Dallas Uptown hotel. The financing, funded through the investment manager’s opportunistic real estate credit strategy, allowed the property’s owner, a venture of NexPoint Diversified [...]

By |2025-01-21T22:40:29+00:00January 21, 2025|Blogs|0 Comments

Apartments in Manhattan’s Lenox Hill Sell for $34Mln

Commercial Observer Hubb NYC Properties has paid $34 million, or $566,666/unit, for the 60-unit apartment property at 345 East 64th St. in the Lenox Hill section of Manhattan. The property, which includes ground-floor retail space leased to Marketeria deli, was [...]

By |2025-01-21T22:40:28+00:00January 21, 2025|Blogs|0 Comments

Irvine, Calif., Office Property Sells for $37Mln

Commercial Real Estate Direct Staff Report New York Life Real Estate Investors has sold Von Karman Towers, a 234,400-square-foot office property in Irvine, Calif., for $37 million, or $157.85/unit. The investment manager sold the property to an affiliate of Greenlaw [...]

By |2025-01-21T22:40:28+00:00January 21, 2025|Blogs|0 Comments

Blackstone to Pay $175Mln for 292-Room Hotel in Midtown Manhattan

Bloomberg Blackstone has agreed to pay $175 million, or $599,315/room, for the 292-room Kimpton Hotel Eventi at 851 6th Ave. in midtown Manhattan. The investment manager is buying the property, between 29th and 30th streets, from DLJ Real Estate Capital [...]

By |2025-01-21T19:41:08+00:00January 21, 2025|Blogs|0 Comments

Continental Realty Pays $44.1Mln for 258,000-SF Shopping Center in Hyannis, Mass.

BisNow Continental Realty Corp. has paid $44.1 million, or $170.93/sf, for Southwind Plaza, a 258,000-square-foot shopping center at 990 Iyannough Road in the Cape Cod town of Hyannis, Mass. The Baltimore investment manager bought the property from Bandera Ventures of [...]

By |2025-01-21T19:41:08+00:00January 21, 2025|Blogs|0 Comments

Mesa West Lends $92.5Mln Against 2 Seattle Apartment Properties

Commercial Real Estate Direct Staff Report Mesa West Capital has provided $92.5 million of mortgage financing against a pair of apartment properties with 266 units in Seattle owned by RISE Properties Trust. The five-year loan was arranged by CBRE. It [...]

By |2025-01-21T19:41:08+00:00January 21, 2025|Blogs|0 Comments
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