Tag Archives: Million

Mayor Tom Barrett and Area Officials Celebrate Addition of Iconic $55 Million … – Sacramento Bee

Posted on February 26, 2011 by admin

Mayor Tom Barrett and Area Officials Celebrate Addition of Iconic $ 55 Million …Sacramento BeeThe HIT is providing $ 42.4 million in construction and permanent financing for the first financing package of The Moderne, which includes 203 market-rate rental units … Continue reading →

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Charles Dunn Company Closes $1.2 Million Multifamily Sale in Los Angeles – PRLog.Org (press release)

Posted on February 16, 2011 by admin

PRLog.Org (press release) Charles Dunn Company Closes $1.2 Million Multifamily Sale in Los AngelesPRLog.Org (press release)According to Glenn, the seller was looking to reduce management responsibilities while the buyer found the low gross rent multiplier and attractive cash flow greatly … Continue reading →

Posted in News | Tagged cash flow, charles dunn company, Dunn, gross rent multiplier, management responsibilities, Million, press, press release, PRLog, Seller | Leave a comment

Office-Retail Segment of Trophy Atlanta Tower Under Contract for $167 Million – Real Estate Channel

Posted on January 7, 2011 by admin

Real Estate Channel Office-Retail Segment of Trophy Atlanta Tower Under Contract for $167 MillionReal Estate ChannelOn a property level basis, 3344 Peachtree is expected to yield a going-in cash capitalization rate in the first year of the investment of 6.5%. … Continue reading →

Posted in News | Tagged capitalization rate, Channel, ChannelOffice-Retail, contract, Million, peachtree, property, real-estate, retail segment, trophy | Leave a comment

Ashford Hospitality Secures $105 Million in Long-Term, Fixed-Rate Financing on … – MarketWatch (press release)

Posted on November 1, 2010 by admin

Ashford Hospitality Secures $105 Million in Long-Term, Fixed-Rate Financing on …MarketWatch (press release)A capitalization rate is determined by dividing the property's annual net operating income by the purchase price. Net operating income is the property's … and more » read more

Posted in News | Tagged capitalization rate, Financing, fixed rate, Hospitality, Long, Million, operating income, press, press release, property | Leave a comment

Invesco Buys DC Building for $220 Million – Real Estate Alert

Posted on October 13, 2010 by admin

Invesco Buys DC Building for $220 MillionReal Estate AlertThe price tag of roughly $665/sf translates into a 4.9% capitalization rate – the lowest seen recently in that market. Cap rates for core office properties … and more » read more

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Excel Trust Acquires and Signs Contracts for an Additional $157 Million in … – MarketWatch (press release)

Posted on September 9, 2010 by admin

Excel Trust Acquires and Signs Contracts for an Additional $157 Million in …MarketWatch (press release)Excel Trust purchased this multi-tenant community shopping center on August 30, 2010 for approximately $33.5 million at an approximate capitalization rate … and more » read more

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Allied Properties Real Estate Investment Trust Announces $50 Million in Class … – MarketWatch (press release)

Posted on August 4, 2010 by admin

Allied Properties Real Estate Investment Trust Announces $50 Million in Class …MarketWatch (press release)The $50 million purchase price for the three properties represents a capitalization rate in excess of 8% applied to the annual net operating income ("NOI") … and … Continue reading →

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Artis Announces $62.6 Million of New Acquisitions and $70 Million Equity Offering – Marketwire (press release)

Posted on June 10, 2010 by admin

Artis Announces $62.6 Million of New Acquisitions and $70 Million Equity OfferingMarketwire (press release)The purchase price for the Grande Prairie Power Centre is $43.7 million, which represents a going-in capitalization rate of 7.5%. Artis expects to finance … and more » … Continue reading →

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Whiterock REIT Announces Agreement to Add $147 Million Portfolio of Office … – Marketwire (press release)

Posted on May 26, 2010 by admin

Whiterock REIT Announces Agreement to Add $147 Million Portfolio of Office …Marketwire (press release)The purchase price will be determined using a 7.5% capitalization rate on the net operating income for Airway Centre 2-4 for the trailing 12-month period, … and … Continue reading →

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Artis Announces $75.0 Million Convertible Debenture Financing, Closes … – PR-USA.net (press release)

Posted on April 2, 2010 by admin

Artis Announces $75.0 Million Convertible Debenture Financing, Closes …PR-USA.net (press release)The Industrial Portfolio is being acquired for $85.2 million which represents a going-in capitalization rate of 7.7%. The purchase price was settled from … read more

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