Commercial Real Estate Direct Staff Report An affiliate of Benedict Canyon Equities has sold the 206-unit Element Apartments in Reno, Nev., for $41 million, or $199,029/unit. The seller could not yet be identified. Benedict Canyon, of Los Angeles, had acq... See more
Commercial Real Estate Direct Staff Report Safehold Inc. has acquired the ground-lease interest in the 207-unit apartment property that’s being developed at 6033-6039 De Soto Ave. in Woodland Hills, Calif., a suburb of Los Angeles. Safehold is a New York-... See more
The New York Post PayPal has signed a lease for 261,000 square feet of space at the 978,795-sf office property at 345 Hudson St. in Manhattan’s Hudson Square area. The digital payments company will relocate from the roughly 100,000 sf it occupies at 95 Mo... See more
Apollo Global Management and CenterSquare Investment Management have provided a $106 million loan against Building B @ Interstate Crossings, a 618,048-square-foot industrial property at 0 Pugsley Road in Brewster, N.Y. JLL Capital Markets arranged the fin... See more
Bisnow Pacific Retail Capital Partners has taken control of the 402,929-square-foot Resurgens Plaza office building in Atlanta in a deed-in-lieu of foreclosure. The Los Angeles company took the 27-story building from Zeller Realty Group of Chicago, which ... See more