Decron Properties purchased The Madison at Town Center in Santa Clarita, CA, for $56.65 million or $214,583 per unit. Prado Town Center West LLC, an investment entity of joint venture partners Lennar Homes Inc. and Regent Properties Inc., sold the 264-unit apartment complex. Developed as a 341-unit multifamily development nearly seven years ago, the project [...]
Archive for the ‘Housing Market’ Category
Decron Pays $56.7M for The Madison in Santa Clarita
Posted by admin on February 22nd, 2012
Posted in Housing Market 
Tags: $56.7M, 7m, Clarita, Commercial Real Estate, Commercial Real Estate News, Condominiums, Decron, Decron Properties, Joint Venture Partners, Lennar Homes, Madison, Multifamily Development, News From Costar Group, Pays, Prado, Real Estate News, Real Estate News From Costar Group, Regent Properties Inc, Santa, Santa Clarita Ca, Seven Years, Town Center West, Unit Apartment 
No Comments »Kalmon Dolgin Affiliates Brokers $1.4M Long Island Industrial Sale
Posted by admin on February 22nd, 2012
Computer Add Ons, a wholesale electronic distributor, acquired the Long Island industrial building located at 86-90 Denton Ave. in New Hyde Park, NY from Fischer Real Estate for $1.4 million, or about $90 per square foot. The industrial building was delivered in 1952 and totals 15,500 square feet in the Western Nassau County Industrial submarket. [...]
Posted in Housing Market Tags: $1.4M, 4m, Add Ons, Affiliates, Brokers, Commercial Real Estate, Commercial Real Estate News, Denton Ave, Dolgin, Electronic Distributor, Fischer, Hyde Park, Hyde Park Ny, Industrial, Island, Kalmon, Kalmon Dolgin, long, Long Island, Nassau County, New Hyde Park, New Hyde Park Ny, News From Costar Group, Real Estate News, Real Estate News From Costar Group, sale, Square Feet, Square Foot, Wholesale No Comments »Rolling Mill Hill Apts Sell for $11.4M
Posted by admin on February 22nd, 2012
Principal Real Estate Investors LLC acquired Rolling Mill Hill at 201 Middleton Street in Nashville, TN from Chartwell Residential, Inc. for $11.4 million, or about $158,000 per unit. The four-story, 156,624-square-foot multifamily complex was built in 2009 in the Downtown submarket of Davidson County. The complex consists of 72 units across three buildings that range [...]
Posted in Housing Market Tags: $11.4M, 4m, Apts., Chartwell, Commercial Real Estate, Commercial Real Estate News, Davidson County, Fish, Hill, Llc, Middleton Street, Mill, Nashville Tn, News From Costar Group, Principal Real Estate, Principal Real Estate Investors, Real Estate Investors, Real Estate News, Real Estate News From Costar Group, Real Estate Partners, Rolling, Sell, Square Feet No Comments »Huge Takes 18,888 SF at 6100 Wilshire
Posted by admin on February 21st, 2012
Huge, a digital agency and member of the Interpublic Group of Cos., leased 18,888 square feet at 6100 Wilshire in Los Angeles, CA. The 16-story, 202,704-square-foot office property is known as The New Wilshire building and is part of the Miracle Mile submarket. Built in 1986, the Energy Star-rated tower is 94 percent leased with [...]
Posted in Housing Market Tags: 18888, 6100, Beverly Hills, Bug Music, Cbs, Cbs Corp, Commercial Real Estate, Commercial Real Estate News, Energy Star, Huge, Interpublic Group, Interpublic Group Of Cos, Miracle Mile, News From Costar Group, Real Estate News, Real Estate News From Costar Group, Square Feet, Square Foot Office, Takes, Ventures Inc, Wilshire, Worldlink No Comments »$44M TI Loan Package Helps Secure 400,000-SF Lease in Brooklyn
Posted by admin on February 21st, 2012
New York-based Lance Capital has structured a unique tenant improvement financing deal that helped close a 400,000-square-foot lease in downtown Brooklyn. The firm, which specializes in funding for tenant improvements for landlords and lenders, was able to access a different source of real estate capital by focusing on the tenant’s credit in a multi-tenant building, [...]
Posted in Housing Market Tags: $44M, 400000SF, Brooklyn, Brooklyn New York, Commercial Real Estate, Commercial Real Estate News, Helps, Landlords, Lease, Lenders, Loan, Loan Package, Long Island, Multi Faceted, News From Costar Group, Package, Real Estate Capital, Real Estate News, Real Estate News From Costar Group, Secure, Square Foot, Tenant Improvement, Tenant Improvements No Comments »Highmark Holdings Acquires Ridgewood Apts for $3.8M
Posted by admin on February 21st, 2012
Highmark Holdings LLC acquired the Ridgewood Apartments at 2045 Hwy 41 S. in Greenbrier, TN from Green Ridge Associates LLC for $3.8 million, or about $32,000 per unit. The two-story, 59,995-square-foot multifamily property was built in 1996 in the Robertson County submarket. The complex consists of 125 two-bedroom units. Fred Ripley of Brookside Properties, Inc. [...]
Posted in Housing Market Tags: $3.8M, 8m, Acquires, Apts., Bedroom Units, Brookside, Commercial Real Estate, Commercial Real Estate News, Highmark, Holdings, Information View, Llc, Multifamily Property, Nashville, News From Costar Group, Real Estate News, Real Estate News From Costar Group, Ridgewood, Ridgewood Apartments, Ripley, Robertson County No Comments »Minter Brings Financing Expertise to JLL
Posted by admin on February 21st, 2012
Holly Minter joined Jones Lang LaSalle’s Capital Markets division in Houston as executive vice president. Minter, a financing expert, will focus on the capitalization of apartment assets. The 25-year commercial real estate veteran has closed more than $6 billion in commercial property financings across the country in the past 12 years. The University of Texas [...]
Posted in Housing Market Tags: Apartment, Assets, Brings, Capital Markets Division, Capitalization, Cbre, Commercial Real Estate, Commercial Real Estate News, Executive Vice, Expertise, Financing, Financings, Focus, Holly, Houston Commercial Real Estate, Jones Lang Lasalle, Minter, News From Costar Group, Real Estate News, Real Estate News From Costar Group, University Of Texas, Veteran, Vice President No Comments »Anchor Commercial Joins Lee & Associates
Posted by admin on February 21st, 2012
Anchor Commercial, which spent the last five years as an affiliate of CORFAC International, has joined the commercial real estate firm Lee & Associates, one of the largest full-service real estate firms in the country. Anchor will be known as Lee & Associates Charleston, effective this month. The same leadership will continue in the former [...]
Posted in Housing Market Tags: Amp, Anchor, Associates, Commercial, Commercial Real Estate, Commercial Real Estate Firm, Commercial Real Estate News, Corfac, Full Service Real Estate, Greenville News, Joins, Leadership, News From Costar Group, Nuttall, Principals, Real Estate Firm, Real Estate Firms, Real Estate News, Real Estate News From Costar Group, Real News No Comments »
