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The five-year loan allowed the property’s developer and owner, a enterprise of Graves Hospitality of Minneapolis… Commercial Real Estate Direct Staff Report Rents for retail area within the 16 retail corridors tracked by CBRE declined by 1.2 p.c within the fourth quarter, to $597/sf. Atlanta Business Chronicle Blackstone Group has purchased Reserve at Decatur, a 298-unit apartment property in suburban Atlanta, for $100.three million, or about $336,577/unit. The New York investment giant bought the property from an undisclosed vendor. Rise48 Equity has paid $96.4 million for a pair of condo properties with …