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Red Rock Realty acquires multifamily portfolio in Selma

A Birmingham real estate firm bought four apartment communities in Selma......»»

Category: topSource: bizjournalsJan 22nd, 2021

USAA Real Estate sells massive national industrial portfolio

USAA Real Estate has sold more than 4 million square feet of industrial property across nine major markets, including Denver......»»

Category: topSource: bizjournalsJan 12th, 2021

SL Green sells half of its stake in 1 Madison

, the city’s largest office landlord, announced Tuesday that it sold half its stake in 1 Madison Ave. for $500 million to a South Korean pension fund and real estate company Hines. The skyscraper... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

BBCP arranges $64M to refinance Bronx apartment portfolio

Black Bear Capital Partners (BBCP) has arranged $63.8 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) for the refinance of an eight-property multifamily portfolio in the Bronx, NY. The loan, provided by Morgan St.....»»

Category: realestateSource: realestateweeklyApr 2nd, 2020

Alabama apartment complex sells for nearly $28M

A multifamily complex in Mobile has sold for $27.95 million. Arlington Park, a 252-unit apartment community, sold to Saxony Capital Management out of Dallas. Craig Hey and Andrew Brown of Cushman & Wakefield represented the seller, PEM Real Estate.....»»

Category: topSource: bizjournalsMar 18th, 2020

KBS sells NJ suburban office campus for over $300 million

KBS Real Estate Investment Trust II (KBS REIT II) has sold an office campus in Florham Park, New Jersey for $311 million in the largest New Jer.....»»

Category: realestateSource: realestateweeklyJan 29th, 2020

Project that helped spark West Midtown development boom sells for nearly $80 million

Charlotte-based Asana Partners adds another piece to its significantly-expanded Atlanta real estate portfolio......»»

Category: topSource: bizjournalsJan 27th, 2020

Cherry Hill office portfolio sells to growing South Jersey real estate firm for $33M

A Moorestown real investment firm has acquired three Cherry Hill office buildings for $33 million, adding to its growing portfolio across South Jersey. Strategic Funding Alternatives LLC bought the 217,986-square-foot Woodland Falls Corporate Ce.....»»

Category: topSource: bizjournalsNov 13th, 2019

Birmingham broker sells Florida multifamily property for $17M

The Birmingham office of a large real estate investment firm has brokered a large multifamily deal in Florida. Florida-based Blue Magma Residential acquired Heritage Apartment Homes in Pensacola, Florida, for $17.8 million, or about $91,752.58 per u.....»»

Category: topSource: bizjournalsOct 31st, 2019

Crombie REIT Closes $193.3 Million Portfolio Partial Disposition

NEW GLASGOW, NS, Oct. 8, 2019 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX:CRR) announced that on October 7th, 2019 it has completed the previously announced sale of an 89% non-managing interest in .....»»

Category: earningsSource: benzingaOct 8th, 2019

Spitzer sells UES rental building for $160M to The Dermot Group

Former Governor Eliot Spitzer has sold an Upper East Side building for nearly $160 million to a partnership led by The Dermot Group, USAA Real Estate and Dutch pension fund PGGM. The 28-story building wi.....»»

Category: realestateSource: realestateweeklyJul 24th, 2019

Princeton Properties secures $164M to refinance multifamily portfolio

PGIM Real Estate Finance has provided a $164 million Fannie Mae loan for the refinancing of the Princeton Portfolio, a 14-property multifamily portfolio spanning the Boston metropolitan ar.....»»

Category: realestateSource: realestateweeklyJun 6th, 2019

Piramal Realty is looking at launching a commercial real estate fund

Many global investors such as Blackstone, Brookfield, GIC and CPPIB, among others, have put billions of dollars into commercial properties in this country.....»»

Category: topSource: business-standardApr 23rd, 2018

Tampa investment firm sells two properties for $85 million

Carter Validus Mission Critical REIT, a Tampa-based real estate investment trust, said it sold two data center properties for a total of $85 million.  One of the largest privately held companies in the Tampa Bay area, Carter Validus sold its Milw.....»»

Category: topSource: bizjournalsJun 19th, 2018

NJ-Based Net Lease REIT Raises $455 Million in IPO

Cushman & Wakefield isn't the only commercial real estate firm testing the public markets this week. Essential Properties Realty Trust, Inc., a real estate investment trust that owns and manages triple-n.....»»

Category: worldSource: nytJun 22nd, 2018

JW Marriott Hill Country Resort south of Austin sells for nearly $650 million

The Blackstone Group LP, a multinational private equity firm, has bought the JW Marriott San Antonio Hill Country Resort & Spa on San Antonio's North Side for just under $650 million, according to Real Estate Alert. The price for the 1,002-room hotel.....»»

Category: topSource: bizjournalsJul 7th, 2018

Brookfield to Buy Forest City Realty Trust in $11.4 Billion Deal

(Pictured) Forest City Realty's The Yards, 5.5 million square feet of retail, office and residential property across 25 buildings on 48 acres of Washington, D.C. waterfront. A real estate fund of .....»»

Category: worldSource: nytJul 31st, 2018

Angelo Gordon Raises $1.9 Billion for its Latest Real Estate Fund

Angelo Gordon's latest purchase of a property with an eye toward improving returns is a portfolio of the six-building Centre Pointe park in Walnut Creek, California, last month for $21 million.Alternative .....»»

Category: smallbizSource: nytAug 15th, 2018

Lightstone refinances non-core multifamily portfolio

National real estate investor and developer Lightstone announced the close of refinancing for 16 multifamily properties in Virginia. The $74.5 million loan is financed by Freddie Mac, arranged through Greystone. Light.....»»

Category: realestateSource: realestateweeklyOct 4th, 2018

Developer gives update on Dimensional Fund"s South End HQ, "optimistic" about adding another site in Charlotte

A major player in commercial real estate in Charlotte may be looking to eventually add another property to its portfolio here in the Queen City. Larry Gellerstedt, chairman and CEO of Atlanta-based REIT Cousins Properties Inc. (NYSE: CUZ), said i.....»»

Category: topSource: bizjournalsOct 26th, 2018