Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria on California’s Central Coast. It traded for $75 million, or $275,735 per... Read more »
A power duo on Los Angeles’ Eastside cleaned up this week with a couple of closings, despite more “sensitive” conditions for the area’s high end. Carolwood Estates’ Jonathan Mogharrabi and Marci Kays,... Read more »
CBRE arranged the sale of Lumia, a newly constructed mixed-use multifamily community located at 850 N Azusa Ave. in Azusa, to Lumia Azusa LLC for $53 million. The CBRE team of Chris Tresp, Derrek Ostrzyzek, Rachel Parsons, Mike Murphy and Kenji Thomas represented... Read more »
BWE has closed two loans totaling $120,000,000 to refinance the Residence Inn Times Square and the Courtyard by Marriott Long Island City, two major hotels in New York City. Steve Perricone, SVP... Read more »
Faris Lee Investments completed the sale of Plaza Pacifica, a neighborhood retail center located in San Clemente’s affluent South Orange County trade area. The property closed at a price of $21,000,000. The... Read more »
GFP Real Estate closed on an $86,500,000 loan from Apple Bank for the refinancing of 515 Madison Ave., a historic 42-story, 350,000-square-foot class A office building also known as the DuMont Building and located in the... Read more »
“Owning Manhattan” star Emilia Bechrakis Serhant is ready to own the spotlight in real estate—and silence any critics who continue to cast her in husband Ryan Serhant’s shadow. The 40-year-old newly licensed... Read more »
Matthews completed the sale of ProHealth Physicians of Bristol, located at 1251 Farmington Ave. in the Hartford suburb of Bristol, CT. SVPs & senior directors Rahul Chhajed, Michael Moreno and VP and director Tyler Swade represented... Read more »
Rithm Capital Corp. said Friday it had completed its previously announced $1.6-billion acquisition of Paramount Group, Inc., a vertically integrated REIT that owns, operates and manages Class A office properties in New... Read more »
Turnbridge Equities closed on a debt-laden piece of land in a desert resort city, The Real Deal has learned. The real estate investment company purchased the SilverRock Resort development in La Quinta... Read more »