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Foxcroft Terrace Apartments , now rebranded as Forest Creek Apartments " width="300" height="175" /> Foxcroft Terrace Apartments , now rebranded as Forest Creek Apartments By Evelina Croitoru Rittenhouse Realty Advisors has struck a deal to dispose of the Foxcroft Terrace Apartments in Darby, Pa. The 82- unit community traded for $5.4 million, which translates to almost $66,000 per unit. The new owner will operate the residential asset as Forest Creek Apartments . “ This is the third apartment community we have sold to this buyer in the last year. He is very bullish in the Southeast Delaware County market and has added over 300 units to his portfolio from this area alone ,” RRA’s Managing Partner Ken Wellar said in a prepared statement. Located at 300 N. Front St. Yeadon, the property features two-bedroom units, some of which with balconies. The apartments also offer hardwood and tiled floors. The three- story building completed in 1974 is close to th...

CBRE SL Green sells suburban office property for $97M SL Green and TH Real Estate have sold Stamford Towers in Stamford, CT for $97 million. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s Institutional Properties represented the sellers. CBRE Global Investors purchased the Property. Stamford Towers is comprised of two adjacent Class A office buildings located in the Stamford CBD, one block from the Stamford Transportation Center . The property is also near the 722,000 s/f Stamford Town Center Mall (anchored by Macy’s, Barnes & Noble, H&M, and Saks Off 5th) as well as dozens of restaurants and retails options. Stamford Towers is currently leased to institutional and high credit tenants , including Citigroup, UBS Financial Services , H/ 2 Credit Manager , Titan Advisors, Gerald Metals, Bank of Ireland, Oaktree Capital, Oppenheimer, CoreCommodity and Newmark, among others. Recent capital improvements include the addition of a fitness center and basketball court, c...