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Colliers Facilitates Sale of 118-Unit Apartment Property in BozemanColliers announced the sale of Silver Creek Apartments, a 118-unit multifamily community located at 1481 North 25th Avenue in Bozeman, Montana.
Donaldson Impact Investments, NYL Acquire Yorkshire ApartmentsDonaldson Impact Investments, in partnership with New York Life Investment Management and Housing Initiative Partnership, announced the acquisition of Yorkshire Apartments, a 326-unit garden-style community in Silver Spring, Maryland.
Representative imageMiami-Area Warehouse Trades for $56MTerreno Realty on Thursday announced it has paid $56.3 million for an industrial property in Hialeah Gardens, Fla.
Charles Cohen Pays Off Judgment Debt Held by FortressCohen Brothers Realty Corporation said Thursday that Charles S. Cohen has paid the full balance of the judgment debt held by Fortress Investment Group, reportedly $187 million, after more than two years of litigation.
JLL Arranges Debt, Equity for Luxury Condo Development in Downtown LafayetteJLL Capital Markets has arranged $60.5 million in construction financing and additional joint venture equity for the development of Project Oak Hill, an 85-residence luxury condominium in downtown Lafayette.
Vilson Lumaj Plans Two 99-Unit Buildings in the Bronx After $14M DealHousing developer Vilson Lumaj has purchased a vacant property in the Bronx to build two 99-unit residential buildings, Commercial Observer has learned. The property at 761-769 East Tremont Avenue was sold for $10 million by real estate developer Yoram Eliyahu.
Altmark Group Sells Mott Haven Lots Destined for 99-Unit Redevelopment for $22MThree adjacent lots in the Bronx’s Mott Haven neighborhood have been snapped up for a series of ground-up, 99-unit housing developments.
TSMC Service Provider Spends $41M on N. Phoenix LandUnited Integrated Services (UIS), an engineering service provider to the Taiwan Semiconductor Manufacturing Company, acquired 29 acres of land at the Mack Innovation Park, located adjacent to the Deer Valley Airport in Phoenix, Arizona. The company paid $41 million for the land.
JV Acquires 441K-SF Cedar Park Retail CenterSterling and a Cohen & Steers REIT purchased the 1890 Ranch, a 441,620-square-foot retail center located at 1335 E. Whitestone Blvd. in Cedar Park, Texas.
Tide Equities Sells Phoenix Rental Asset for $41MNitya Capital acquired the 274-unit Tides on McDowell for $41 million. Nitya Capital assumed the financing from the current lender as part of the transaction. The multifamily community is located at 4620 W. McDowell Rd. in Phoenix, Arizona.
Representative imageFocus Healthcare Acquires Continuing Care Retirement Community in West HoustonHOUSTON — Focus Healthcare Partners has acquired The Buckingham, a continuing care retirement community in West Houston. The property’s unit count was not disclosed.
Representative imageLee & Associates, Younger Partners Broker Sale of 12,006 SF Industrial Building in ArlingtonARLINGTON, TEXAS — Lee & Associates and Younger Partners have co-brokered the sale of a 12,006-square-foot industrial building in Arlington. The building at 1300 E. Corporate Drive was originally constructed in 1976.
Newmark Brokers $68M Sale of Life Sciences, Biomanufacturing Facility in ProvidencePROVIDENCE, R.I. — Newmark has brokered the $68 million sale of a life sciences and biomanufacturing facility in Providence.
Representative imageJoint Venture Acquires 348,742 SF Retail Power Center in Ramsey, New JerseyRAMSEY, N.J. — A joint venture between New York City–based alternative asset manager Wafra and local owner-operator Crossroads Cos. has acquired a 348,742-square-foot retail power center in Ramsey, located near the New York-New Jersey border.
Representative imageBest Buy to Open 35,500 SF Store in Nanuet, New YorkNANUET, N.Y. — Best Buy will open a 35,500-square-foot store in Nanuet, located just north of the New York-New Jersey border.
RREAF Acquires 300-Unit Savannah Rental CommunityOne Real Estate Investments offloaded The Palms at Chatham, a 300-unit multifamily property located at 5110 Garrard Avenue in Savannah, Georgia. Newmark’s Brooks Colquitt and James Wilber represented One Real Estate Investment in the sale to the buyer, RREAF Holdings.
Representative imageSLIB Arranges Sale of 54-Unit Seniors Housing Community in TuscaloosaTUSCALOOSA, ALA. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living and memory care community located in Tuscaloosa. Built in 1994 and 2003, the property comprises 54 units.
Scannell Properties Buys 129 Acres in Buckeye, Arizona for Development of Summit Logistics CenterBUCKEYE, ARIZ. — Scannell Properties has acquired 129 acres at the northwest corner of Southern Avenue and Rooks Road in Buckeye from Scottsdale-based Arizona Land Consulting for the development of Summit Logistics Center. The sales price was $32.5 million.
Transwestern Brokers $16.5M Sale of 262-Bed Student Housing Community in Greeley, ColoradoGREELEY, COLO. — Transwestern’s National Student Housing team has brokered the $16.5 million sale of University Flats, a student housing community located at 1758 6th Ave. in Greeley. An entity doing business as 1758 6th Avenue LLC acquired the asset for $62,879 per bed.
Farallon Partnership Trades Historic Hawthorne Hangar CampusCBRE arranged the sale of the Hawthorne Hangar Campus at 3507 Jack Northrop Ave. in Hawthorne, a 40,553-square-foot industrial flex / R&D campus.