Tag Archives: GlobeSt
FCP Takes Two Maryland Multifamilies at 7 Cap Rate – GlobeSt. com
Join the thousands of real estate professionals that subscribe to the Washington, DC AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with … Continue reading
Two Rental Apartment Buildings Sold in Manhattan Valley – GlobeSt. com
Join the thousands of real estate professionals that subscribe to the New York AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with … Continue reading
Queens MF Trades for $19.5M – Daily News Article – GlobeSt.com
GlobeSt.com Queens MF Trades for $19.5M – Daily News ArticleGlobeSt.comAccording to Massey Knakal's year-end property report, elevator apartment buildings in Queens traded at an average cap rate of 6.03%. A spokeswoman for Massey Knakal tells GlobeSt.com that the gross rent … Continue reading
Queens MF Trades for $19.5M – Daily News Article – GlobeSt.com
GlobeSt.com Queens MF Trades for $19.5M – Daily News ArticleGlobeSt.comAccording to Massey Knakal's year-end property report, elevator apartment buildings in Queens traded at an average cap rate of 6.03%. A spokeswoman for Massey Knakal tells GlobeSt.com that the gross rent … Continue reading
Construction Begins on $32M Project – GlobeSt.com
GlobeSt.com Construction Begins on $ 32M ProjectGlobeSt.comGID Urban Development Group, an affiliate of the General Investment & Development Cos. has begun construction on Manhattan II, a residential multifamily development in downtown Denver. The 134-unit luxury apartment building is located in … Continue reading
Apartment Owner UDR To Enter Manhattan Market – Wall Street Journal
GlobeSt.com Apartment Owner UDR To Enter Manhattan MarketWall Street JournalNEW YORK (Dow Jones)–Apartment giant UDR Inc. (UDR) is entering the Manhattan rental market with the $260.8 million purchase of a 23-story converted Financial District building that once housed Goldman Sachs … Continue reading
BRE Buys 220-Unit Complex for $57M at 5% Cap Rate – GlobeSt.com
GlobeSt.com BRE Buys 220-Unit Complex for $57M at 5% Cap RateGlobeSt.comThe REIT says that the deal closed at a year-one stabilized cap rate of 5.1%. The property, at 24015 Copper Hill Dr., was built in 2009 and comprises 10 three-story, … Continue reading
Dodd-Frank Stands Out on Finance Council’s Radar – GlobeSt.com
GlobeSt.com Dodd-Frank Stands Out on Finance Council's RadarGlobeSt.comThe council is also making it a high priority to ensure that GSE reform supports the commercial real estate finance market and focuses on providing “a stable, counter-cyclical and affordable source of capital … Continue reading
87000-SF Retail Center Commands Sub-6% Cap Rate – GlobeSt.com
GlobeSt.com 87000-SF Retail Center Commands Sub-6% Cap RateGlobeSt.comSANTA CLARITA, CA-The 87094-square-foot Northpark Village Square has sold for $40 million at a sub-6% cap rate in a deal that "generated strong demand from … and more » read more
In CRE, Multifamily To Rebound First – Mortgageorb
GlobeSt.com In CRE, Multifamily To Rebound FirstMortgageorbThe sector's vacancy rate peaked last year at 17.9% in the second quarter – just 10 basis points lower than its all-time high in the past 24 years. …Grubb & Ellis Predicts Commercial Real … Continue reading