iStar

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

iStar Affiliate Closes $535M in Ground Leases

The REIT finalized a previously announced joint venture agreement for a ground lease of 425 Park Ave. in Manhattan and the additional ground lease of a Honolulu hotel.

Honolulu

YAM Properties Acquires Arizona’s Westgate Entertainment District

In one of the state’s largest retail deals ever, iStar sold the 76-acre mixed-use center in Glendale for $133 million after six years of ownership and a major repositioning.

Phoenix

CBRE Arranges Sale of 1 MSF Industrial Asset

The firm worked on behalf of the seller, Ryan Cos. to arrange the $50.3 million disposal of a build-to-suit industrial facility located approximately 80 miles east of Minneapolis.

Midwest

Scottsdale Office Complex Trades for $53M

Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.
Phoenix 23 October 2017 15:52
Thorofare Capital-Arranged Loan Leads to Sale of Final Condo Units at The Martin

Thorofare Capital, an alternative investment platform, recently announced that it had provided a $4 million short-term loan to finance the acquisition of a condo unit portfolio at The Martin. The sponsor will use the financing to acquire the final units under the ownership of the tower’s developer, and then focus on selling the condos to foreign investors. KCD Martin is buying the units from New York-based iStar Financial.
Las Vegas 21 August 2014 20:02

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