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SL Green sells stake in Tower 46 office property for $275 million

SL Green said it expects to receive about $20 million in cash from the transaction......»»

Category: topSource: bizjournalsFeb 16th, 2021

Mouron family acquire Business Interiors property portfolio for $6.9M

Two Business Interiors locations in Birmingham and Montgomery traded hands in a sale leaseback transaction......»»

Category: topSource: bizjournalsJan 21st, 2021

CoStar to acquire Ten-X in $190M deal

CoStar Group announced it plans to acquire Ten-X for $190 million in cash. Ten-X was launched in 2009 with the goal of providing a digital transaction platform for effectively liquidating the large volume of distressed co.....»»

Category: realestateSource: realestateweeklyMay 15th, 2020

Neisen Kasdin: Real estate buyers are seeking opportunities to acquire South Florida"s distressed properties

Kasdin and his attorneys hear directly from both dealmakers and property owners......»»

Category: topSource: bizjournalsMay 13th, 2020

Transaction Action: California group acquires first property in Texas

Highlighting this week's Transaction Action is a California group's first Texas acquisition, a residential property on the Northeast Side......»»

Category: topSource: bizjournalsMay 7th, 2020

130-unit Oakland apartment complex switches hands

Oakland’s new 130-unit apartment community known as Baxter on Broadway was quietly scooped up in an off-market transaction to the tune of $81 million last month. Dr. Peter Wang and Grace Wang bought the property, 4901 Broadway, for about $623,000 p.....»»

Category: topSource: bizjournalsApr 9th, 2020

Sheraton Phoenix Downtown sold to NY private equity firm for $268M

The sale comes less than two years after Marriott purchased the hotel. Company officials divulged information about the transaction to analysts during a Feb. 27 conference call, and gave an update on major renovations on the property......»»

Category: topSource: bizjournalsFeb 28th, 2020

Property management firms look to grow their own talent

It’s a combination of Hawaii’s low unemployment rate — anyone who wants a job already has one — and the combination of skills and credentials needed to manage commercial real estate that contribute to the difficulty in hiring property managers......»»

Category: topSource: bizjournalsFeb 28th, 2020

The Staenberg Group now owns the Chesterfield Mall

The Staenberg Group has closed on its deal to acquire the Chesterfield Mall. The retail-focused commercial real estate firm acquired the 1.2 million-square-foot mall from Georgia-based Hull Property Group for an undisclosed price in a transaction th.....»»

Category: topSource: bizjournalsFeb 17th, 2020

CBRE teams arranges Secaucus sale

CBRE announced the sale of a 149,000 s/f mixed-used property located at 25 Enterprise Ave North in Secaucus, New Jersey. The off-market transaction was o.....»»

Category: realestateSource: realestateweeklyJan 30th, 2020

Four Corners Property Trust promotes James Brat to Chief Transaction Officer

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 29th, 2020

TRANSACTIONS: GCP Capital Group arranges mortgage financing in the aggregate amount of $76,280,000

Eastern Union has arranged the following transactions: A $1,835,000 first lien mortgage for the refinance of a 6-unit multifamily property in Brooklyn. This transaction was arranged by Isaac Weiss. A $2,500,000 first l.....»»

Category: realestateSource: realestateweeklyJan 8th, 2020

Watumull Properties adds to Maui portfolio with $3M purchase

Watumull Properties Corp. paid $3.05 million in the off-market transaction for the Kahului property......»»

Category: topSource: bizjournalsJan 8th, 2020

Besen partner planning to convert CT property

JLJ Capital has closed on a transaction to provide $2 million in preferred equity financing for the purchase of a Class A owner-occupied building in New Canaan’s, do.....»»

Category: realestateSource: realestateweeklyDec 19th, 2019

Target-anchored shopping center sold for $5 million

The Target itself was not a part of the transaction. Upgrades are coming to the property, the new owner says......»»

Category: topSource: bizjournalsDec 12th, 2019

Karp collects $34M to close out previous debt

Greystone provided a $34,500,000 bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property in Brooklyn, New York. The transaction was originated by Anthony Cristi, managing director & Hope Curt.....»»

Category: realestateSource: realestateweeklyNov 13th, 2019

How to Conduct a Smooth Real Estate Transaction

Purchasing property, especially a home, can be a very emotional experience. As a buyer agent, it is your job to be the voice of reason, the buffer and sometimes the peacemak.....»»

Category: realestateSource: rismediaOct 13th, 2019

Greystone keeping houses in order

Greystone provided $27,000,000 in bridge financing to Iliad Realty Group (IRG) for the acquisition of Villa Nueva Apartments, a multifamily property in Houston, TX. The transaction was originated .....»»

Category: realestateSource: realestateweeklyOct 3rd, 2019

Liliuokalani Trust sells second Waikiki hotel property

The transaction follows the trust’s recent sale of the land beneath the Alohilani Resort Waikiki Beach for $195 million to Safehold Inc., a real estate investment trust affiliated with iStar Financial......»»

Category: topSource: bizjournalsSep 26th, 2019

Engineers relocate to repositioned property

JLL has completed a new transaction for Bohler Engineering at 30 Independence Boulevard in Warren, N.....»»

Category: realestateSource: realestateweeklySep 13th, 2019