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Tag Archives: MGlobeSt
Phoenix Realty Buys Three Complexes for $32M – GlobeSt.com
Phoenix Realty Buys Three Complexes for $32MGlobeSt.comIt bought the Arlington and the Evergreen from a family trust for $19.8 million for a cap rate in the high 7% range. It is financing all three via Freddie … and more » read … Continue reading
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Tagged Cap, cap rate, com, family trust, GlobeSt, MGlobeSt, phoenix realty, range, Realty
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TIC Investors Acquire 88-Unit Complex for $17M – GlobeSt.com
TIC Investors Acquire 88-Unit Complex for $17MGlobeSt.comThe deal closed at a 5.4% cap rate, according to vice president John Nguyen and multifamily investment specialist Sheil Stampwala with Marcus & Millichap in … read more
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Tagged Acquire, amp, cap rate, investment specialist, investors, John Nguyen, Marcus, MGlobeSt, president john, TIC, Unit
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St. Regis Retail Acquired for $117M – GlobeSt. com
St. Regis Retail Acquired for $117MGlobeSt. com… space at the corner of 55th Street and Fifth Avenue was $117 million, an amount that Starwood says represents a 5% cap rate on anticipated NOI for 2009. … and more » read more