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Mag Mile Capital was able to secure the 10-year, fixed rate loan at a 5.75% interest rate and a 25-year amortization.

In a market with strong fundamentals and investor demand, a multifamily acquisition represents a unique opportunity for a private investor to exchange into a core property with long-term value potential.

The property is in a last-mile distribution location near the major East Coast economic centers of New York, Philadelphia and Washington, DC.

Indeed will lease approximately 200,000 square feet on 10 contiguous floors in the 38-story 686,000-square-foot class-A office tower located in the central business district with a slated completion of July 2019.

Can retailers find comfort and joy this season? For Peter Braus of Lee & Associates NYC, the current economic and political landscape may play a larger role than we would want.

The latest properties will comprise the site of the DFW Park 161 master-planned project, encompassing four global e-commerce hubs known as Logistic Centers 8, 9, 10 and 11 with more than 2.4 million square feet.

The two firms sold the Solis Waverly, a 375-unit luxury multifamily property to Dallas-based Lan Properties/Lantower Residential for $84.4 million. They also traded the 194-unit Solis Ballantyne for $44.2 million to Continental Realty Corporation of Baltimore.

The joint venture purchased the Midtown South office and retail building for $245 million.