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Greystone & Co. | October 26, 2016
Greystone Real Estate Advisors group announced it closed the $21,500,000 sale of Wyndham Lakes in Jacksonville, FL. A private equity group purchased the seniors housing property from a publicly-traded REIT on October 19. Mike Garbers and Cody Tremper of Greystone represented the seller in the transaction. Formerly operated by Brookdale Senior Living, Wyndham Lakes is a 245-unit assisted living, independent living, and memory care community situated on 14 acres of land. The facility is 160,970 sq...
Public Storage | November 22, 2016
Cornerstone Real Estate Advisers Llc decreased its stake in Public Storage (PSA) by 30.27% based on its latest 2016Q2 regulatory filing with the SEC. Cornerstone Real Estate Advisers Llc sold 16,237 shares as the company’s stock declined 7.23% while stock markets rallied. The institutional investor held 37,408 shares of the real estate investment trusts company at the end of 2016Q2, valued at $9.56 million, down from 53,645 at the end of the previous reported quarter. Cornerstone Real Esta...
Greystone & Co. | June 14, 2016
Greystone Real Estate Advisors group announced it closed the sale of Woodside Village in Bedford, OH, for $6.5 million, on June 1. Pritok Capital purchased the seniors housing property from a public healthcare REIT, and MB Financial served as lender on the transaction. Greystone represented the seller in the transaction. Woodside Village, built in 1988, is a 211-unit assisted living and memory care community that sits on 20 acres in the Cleveland, OH area. The facility is 164,920 square feet wit...
Bisnow LLC | January 16, 2020
Invesco Real Estate recently acquired Bravern Office Commons, which is fully leased to Microsoft, for $585M. The complex includes 305K SF of retail occupied by Jimmy Choo, Louis Vuitton and others, and a seven-level subterranean parking garage with 3,134 stalls. Two residential towers include 455 units. NKF’s co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director Michael Moll, Executive Managing Directors Ken White, Rob Hannan and Tim O’Keef...
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