State: Virginia - VA
1525 Wilson Blvd.
78 percent leased
100 Springhouse Way
Springhouse Apartment Homes is 95 percent leased. The property had been encumbered by a $20.6 million loan that was securitized through FREMF, 2010-K6. It had matured at the start of the month.
Dwight Capital Writes 2 HUD Loans Totaling $70.5Mln Against Va. Apartments
Dwight Capital has provided a $41.76 million loan under the Department of Housing and Urban Development's 223(f) program against the Aura at Quarterpath, a 228-unit apartment property in Williamsburg, Va. It also provided $28.7 million of financing, under the same ...
Venture Pays $54.5Mln for Newport News, Va., Apartments
Commercial Real Estate Direct Staff Report A venture of L5 Investments and BH Management Services has paid $54.1 million, or $125,231/unit, for the 432-unit Springhouse Apartment Homes in Newport News, Va. It bought the property from a venture of Croatan ...
PRP Raises $27Mln via CrowdStreet for Va. Redevelopment
Commercial Real Estate Direct Staff Report PRP Real Estate Investment Management, which last year paid $40 million for the Mark Center office complex in Alexandria, Va., has raised $27 million of equity via a crowdfunding platform to convert one of ...
318 South Whiting St.
Avanath Capital Management has paid $52.68 million, or $181,638/unit, for the 290-unit Alexandria Station Apartments in the Washington, D.C., suburb of Alexandria, Va. The propert is 97 percent occupied.
5109, 5111 and 5113 Leesburg Pike
The $678 million of CMBS financing against the eight-building Skyline office complex in the Washington, D.C., suburb of Falls Church, Va., finally has been resolved, with Somera Road Inc. paying $210.7 million for the collateral buildings. The New York investor, ...
5201, 5203 and 5205 Leesburg Pike
The $678 million of CMBS financing against the eight-building Skyline office complex in the Washington, D.C., suburb of Falls Church, Va., finally has been resolved, with Somera Road Inc. paying $210.7 million for the collateral buildings. The New York investor, ...
5275 Leesburg Pike
The $678 million of CMBS financing against the eight-building Skyline office complex in the Washington, D.C., suburb of Falls Church, Va., finally has been resolved, with Somera Road Inc. paying $210.7 million for the collateral buildings. The New York investor, ...
5107 Leesburg Pike
The $678 million of CMBS financing against the eight-building Skyline office complex in the Washington, D.C., suburb of Falls Church, Va., finally has been resolved, with Somera Road Inc. paying $210.7 million for the collateral buildings. The New York investor, ...
Northern Va. Office Leased to Freddie Mac Sells
A venture of Northridge Capital and Kamco Investment Co. has acquired the 151,949-square-foot Centerstone at Tysons office building in McLean, Va. It bought the property, at 1550 Westbranch Drive, from a venture of Rubenstein Partners and Griffith Properties, which had ...
750 Thornton Way
Starwood Real Estate Income Trust Inc. has paid $180.2 million, or $410,478/unit, for the 439-unit Thornton Apartments in the Washington, D.C., suburb of Alexandria, Va. The property is 90 percent leased.
Starwood Pays $180.2Mln for Apartments in Washington, D.C., Area
Starwood Real Estate Income Trust Inc. has paid $180.2 million, or $410,478/unit, for the 439-unit Thornton Apartments in the Washington, D.C., suburb of Alexandria, Va. The property, at 750 Thornton Way in the city's Old Town area, was completed just ...
Amazon Affiliate Buys Herndon, Va., Development Site
Washington Business Journal Amazon Data Services Inc. has paid $54 million for a development site at 13600 EDS Drive in Herndon, Va. The data-center affiliate of Amazon.com Inc. purchased the site from an affiliate of Perspecta Inc. The property consists ...
1660 International Drive
98.5 percent leased.
Atley on the Greenway apartments/21827 High Rock Terrace
96 percent occupied.
International Place/1735 North Lynn St.
92 percent leased.
Two Liberty Center
95 percent leased. Bank of America provided a $62 million mortgage to help fund the venture's acquisition. The interest-only loan has a five-year term, but comes with a pair of one-year extension options. It pays a coupon of Libor plus ...
Virginia Beach, Va., Retail Center Sells; Troubled CMBS Loan Gets Resolved
Commercial Real Estate Direct Staff Report New Market Properties, a unit of Preferred Apartment Communities Inc., has ventured with Crosland Southeast to buy the 243,031-square-foot Fairfield Shopping Center in Virginia Beach, Va. The transaction resolves a troubled $25.9 million CMBS ...
Acadia Buys Virginia Beach, Va., Shopping Center for $87Mln
Commercial Real Estate Direct Staff Report Acadia Realty Trust has paid $87 million, or $217.50/sf, for the 400,000-square-foot Landstown Commons shopping center in Virginia Beach, Va. The Rye, N.Y., REIT bought the retail property from Divaris Real Estate Inc. of ...
About
Commercial Real Estate Direct is the only source — in print or otherwise — that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
