Two real estate investment firms have teamed up to buy The 410, a 24-story office building located in the heart of Downtown Denver. Cress Capital, in collaboration with Denver-based E2M Ventures, acquired the loan on the property earlier this year and subsequently…
Time Equities Inc. has acquired The Armory, a student housing property near Sam Houston State University (SHSU) in Huntsville, TX. The property, which features 145 units and 502 beds, was sold by Stonemont Financial, a real estate investment and development…
EDENS, owner and developer of over 100 open-air retail and mixed-use shopping centers, has unloaded Fountain Oaks in Sandy Springs. Jamestown, the buyer, paid $48 million for the 160,000-square-foot center, which is anchored by a Krogers supermarket. Fountain Oaks is…
Napali Capital sold Residences at Belmont, a 176-unit garden-style multifamily property located in Belmont, N.C., to URS Capital. URS Capital assumed a $12.8 million, fixed-rate Fannie Mae loan. Commercial Edge reports it was originated by Berkadia in 2018 at a…
Legacy Ventures, an Atlanta hospitality investment, development and management company, has an agreement to purchase the 100-year-old Dillard House. The 100-acre property is located on Highway 441 in Rabun County, Georgia. The resort includes 92 guest rooms, a Southern restaurant,…
Equus Capital Partners paid $66.65 million for three North Carolina apartment complexes. The Triangle Business Journal reports the firm previously owned the communities before selling them in 2019 to Investcorp, a New York firm, for a total of $46 million. The company…
Duke University paid an apartment owner $43 million to take over the Blue Light Living apartments. The school will add the apartments to the school’s housing inventory, instead of building new ones. The school plans to make a number of…
An entity affiliated with San Francisco-based FPA Multifamily has acquired The Atrium on James apartments in Kent for $60.5 million, or $201,667 per unit. Institutional Property Advisors (IPA)‘s Giovanni Napoli, Philip Assouad, Ryan Harmon, Nicholas Ruggiero, and Anthony Palladino represented…
1455 Lincoln Parkway is an 186,846-square-foot office building in Atlanta’s Central Perimeter submarket. Search firm Innova Solutions acquired the building and plans to relocate its headquarters there. The company plans to occupy the top two floors of the building, totaling…
Courtesy of CBRE 25-01 Queens Plaza North, where Grubb Properties plans to build a 317-unit building. A new-to-New York developer just dropped $63M on a Long Island City property. Charlotte, North Carolina-based Grubb Properties, known for its workforce housing development, picked up…
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