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NEW YORK CITY—The repositioned office property near Grand Central Terminal could fetch upwards of $400 million as it's shopped around to institutional and international investors.
DALLAS-- Biel Partners LLC, a newly formed commercial real estate firm, has completed the largest single transaction in West Dallas of the year: 1000 Singleton Boulevard.
CINCINNATI—The company now has $700 million in aggregate commitments and through an accordion feature could increase availability under the credit facility to $1 billion.
CHICAGO—The property, like a substantial number of Walgreens, had been encumbered by a fully-amortizing loan, which often require a prepayment plan, making many owners reluctant to sale.
CHICAGO—The purchase includes 23 skilled nursing facilities, four assisted living facilities, one independent living facility and one office building in five states.