REBusiness Online Morrison Group has bought the 146,544-square-foot Habersham Village shopping center in Cornelia, Ga. Vanguard Associates Inc. of Atlanta sold the retail property, which it had purchased out of foreclosure in 2017. Cushman & Wakefield brokered the latest deal. Habersham [...]
REBusiness Online CAPSTAR Real Estate Advisors has bought a vacant 852,987-square-foot industrial facility in Midlothian, Texas. The Dallas company purchased the property from MPI Group LLC in a deal brokered by Binswanger. The sales price was not immediately known. The property [...]
Triangle Business Journal A venture of Cortland and Pamera North America has paid $152 million, or $364,508/unit, for the 417-unit Peace Raleigh Apartments in downtown Raleigh, N.C. Cortland, of Atlanta, and Pamera, of New York, purchased the 12-story building from [...]
The Real Deal Apollo Global Management has provided $108.5 million of mortgage financing against the 185-unit apartment property at 575 Grand St. in the East Williamsburg section of Brooklyn, N.Y. The loan was arranged by Galaxy Capital Solutions. The recently [...]
Santander Bank has provided a $28.41 million Fannie Mae loan against the 417-unit Grand at Grenelefe apartment property near Winter Haven, Fla., roughly midway between Tampa, Fla., and Orlando, Fla. The loan has a five-year term and requires only interest [...]
ten-31 S3 Capital has provided $300 million of financing for the construction of a 736-unit apartment property at 25-02 Ninth St. and 4-34 26th Ave. in the Astoria neighborhood in Queens, N.Y. The property, in Astoria’s Hallets Point area, is [...]
Commercial Real Estate Direct Staff Report The 378-room DoubleTree Berkeley Marina hotel in Berkeley, Calif., whose performance was absolutely hammered during the Covid lockdowns in 2020, has failed to fully recover to its pre-pandemic levels. As a result, its $48.29 [...]
Washington Business Journal Prologis Inc. has paid $76.5 million, or $329.03/sf, for the 232,500-square-foot ELP Dulles industrial property in the Washington, D.C., suburb of Chantilly, Va. The San Francisco REIT acquired the recently completed property from Elion Partners of Miami, [...]
Multi-Housing News PPR Capital Management has teamed with Center Creek Capital Group to buy the 261-unit Highline at Knoxville built-to-rent residential community in Knoxville, Tenn., for $87 million, or $333,333/unit. The seller was not disclosed. The property’s first phase was [...]
Multi-Housing News FPA Multifamily has bought Elevate at Towngate, a 227-unit apartment complex in Moreno Valley, Calif., for $41 million, or $180,617/unit. The San Francisco company purchased the property from Brixton Capital of Solana Beach, Calif., which had bought it [...]
