Healthcare Realty Trust sold two Durham area medical office buildings for a combined $20 million. AW Property acquired both properties: the Duke Health Center for $15.2 million and the UNC Family Medicine Center for $5 million. Healthcare Realty Trust acquired…
Cambridge Realty Capital provided a $15.52 million HUD Lean loan to refinance The Pointe at Eastgate, an assisted living facility located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year loan was provided for the…
Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure at 85% LTV for the acquisition of 501 S. Beverly, a three-story office property in Beverly Hills. The sale price…
San Diego-based net lease REIT Realty Income Corporation has closed on the previously announced merger with Spirit Realty Capital, Inc. in an all-stock transaction valued at $9.3 billion. The common stock of the combined company, which has an enterprise value…
TA Realty has announced the launch of a dedicated hyperscale data center development arm within its digital real estate team. This move aims to expand TA Realty’s presence in the digital infrastructure space, leveraging its 40 years of experience in…
Stream Realty Partners’ Washington, D.C. team has secured the leasing assignment for four Brookfield Properties office buildings in the Central Business District. The buildings, totaling 814,469 square feet, will be overseen by Stream’s Kyle Luby, John Klinke, Tim McCarty, and…
Commercial real estate investor and operator Continental Realty Corp. has acquired Mount Pleasant Towne Centre, a 510,000-square-foot shopping center in Mt. Pleasant, SC. The sales price was $147 million. Located at 1218 Belk Dr., the center is nine miles northeast…
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