Sacramento Business Journal Alta Senior Living has bought the Village at Heritage Park, a 162-unit seniors-housing property in Sacramento, Calif., for $22.6 million, or $139,506/unit. The North Palm Beach, Fla., company, which specializes in owning, developing, and managing seniors properties, [...]
Finance & Commerce Advanced Exhaust Solutions has paid $22 million, or $130.95/sf, for the Jacquard Distribution Center, a 168,000-square-foot industrial property in Lakeville, Minn. The Northfield, Minn., company, which provides exhaust gas silencers and other products, purchased the building from [...]
Arctos Partners, a Dallas private-equity firm that, among other things, invests in sports franchises, has expanded into the real estate asset class. It's hired a team of investment professionals from Crow Holdings that will be based in Boston and comprise [...]
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 [...]
