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BridgeCore Funds $11M for Apartment Upgrade/Cash Out
News 1 hour ago
BridgeCore Funds $11M for Apartment Upgrade/Cash Out
Source Connect Media

Beverly Hills-based BridgeCore Capital has funded a $10.9 million cash-out bridge loan for a West Los Angeles 50-unit apartment complex with below...

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Hanley Breaks-Out Fontana Sprouts in $10M Sale
News 1 hour ago
Hanley Breaks-Out Fontana Sprouts in $10M Sale
Source Connect Media

Hanley Investment Group has completed the sale of a new-construction, single-tenant Sprouts Farmers Market at the Highland Village Shopping Center...

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Newport Beach Earmarks $3M for Affordable Housing Partner Search
News 1 hour ago
Newport Beach Earmarks $3M for Affordable Housing Partner Search
Source Connect Media

The City of Newport Beach has approved a $3-million allocation to identify a private development partner for a permanent supportive housing project...

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Port of Los Angeles Sees 25% Decrease of Expected Feb. 2020 Traffic
News 1 hour ago
Port of Los Angeles Sees 25% Decrease of Expected Feb. 2020 Traffic
Source Connect Media

According to reporting by the Wall Street Journal, the Port of Los Angeles in San Pedro is projecting a 25% drop in container volumes this month,...

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Stos Pays $11M for Miramar Industrial
News 1 hour ago
Stos Pays $11M for Miramar Industrial
Source Connect Media

In a off-market transaction, a joint venture of San Diego’s Stos Partners and Boston-based Long Wharf Capital has acquired a 55,000-square-foot...

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Mesirow Financial Acquires Raiders HQ for $191 Million
News 1 hour ago
Mesirow Financial Acquires Raiders HQ for $191 Million
Source Connect Media

Chicago-based Mesirow Financial has completed a sale-leaseback acquisition, valued at $191 million, for the under-construction Raiders football...

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Developers are Building “Attainable” Housing — Without Subsidies
News 17 hours ago
Developers are Building “Attainable” Housing — Without Subsidies
Source Connect Media

Multifamily developers have been grappling with the overwhelming demand for workforce housing units. One metric from the U.S. Census Bureau’s...

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DRA/Paragon JV Refi’s Rancho Mirage Retail for $30M
News 23 hours ago
DRA/Paragon JV Refi’s Rancho Mirage Retail for $30M
Source Connect Media

A joint venture of DRA Advisors and Paragon Commercial Group has refinanced its Rancho Las Palmas Shopping Center in Rancho Mirage, CA, with a $30...

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Trammell Crow Completes 385K SF of Industrial at Needham Ranch
News 23 hours ago
Trammell Crow Completes 385K SF of Industrial at Needham Ranch
Source Connect Media

Partners Trammell Crow Company (TCC) and Clarion Partners have completed construction for two new buildings totaling 384,560 square feet of...

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Elite Ortho Acquires Future MOB for $4M
News 23 hours ago
Elite Ortho Acquires Future MOB for $4M
Source Connect Media

In a uniquely collaborative effort, a transaction team from JLL, Colliers International and Arbor Property Group have completed the sale of a free...

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Sacramento’s Park Tower Acquired for $166M
News 1 day ago
Sacramento’s Park Tower Acquired for $166M
Source Connect Media

Singapore-based Prime US REIT, represented domestically by Newport Beach-based KBS, has acquired the Park Center office tower in downtown...

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Boston Properties Pays $135M for Google-Adjacent Platform 16
News 1 day ago
Boston Properties Pays $135M for Google-Adjacent Platform 16
Source Connect Media

In a world of smart real estate plays at a price, acquiring a 1.1 million-square-foot development site adjacent to a future Google mixed-use...

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Time Equities Makes Retail Buy Near Atlantic City
News 1 day ago
Time Equities Makes Retail Buy Near Atlantic City
Source Connect Media

JLL Capital Markets has closed the $60-million sale of Hamilton Commons, a 403,050-square-foot power center in the Atlantic City-area community of...

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CIT Secures $66M for Three BKM Industrial Assets
News 1 day ago
CIT Secures $66M for Three BKM Industrial Assets
Source Connect Media

New York’s CIT Group Inc. has earned a clear endorsement from BKM Capital Partners after securing a total of $66 million in financing for three of...

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Level Ex Doubles Down in Move to 180 N. LaSalle
News 1 day ago
Level Ex Doubles Down in Move to 180 N. LaSalle
Source Connect Media

Savills completed a corporate headquarters relocation for medical video game company Level Ex to Ivanhoé Cambridge’s 180 N. LaSalle St., a 760,000...

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North Wells Signs Fairgrounds Coffee & Tea at Verso Project
News 1 day ago
North Wells Signs Fairgrounds Coffee & Tea at Verso Project
Source Connect Media

North Wells Capital and Urban Innovations signed Fairgrounds Coffee & Tea to a long-term lease for 2,623 square feet of ground-floor retail space...

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City Council Weighs Incentives to Rehab Ramova Theater
News 1 day ago
City Council Weighs Incentives to Rehab Ramova Theater
Source Connect Media

Vacant for nearly 35 years, the 90-year-old Ramova Theater in Bridgeport would be rehabilitated as part of a $22.9-million entertainment and dining...

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Hersha Offloads Hotels in Boston, NYC, Miami
News 1 day ago
Hersha Offloads Hotels in Boston, NYC, Miami
Source Connect Media

Hersha Hospitality Trust has entered into binding sales contracts for two consolidated hotels and two unconsolidated joint venture assets for a...

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Marymount University Acquires 267-Unit MF Property in Northern VA
News 1 day ago
Marymount University Acquires 267-Unit MF Property in Northern VA
Source Connect Media

Marymount University has acquired the Rixey, a 267-unit multifamily property in Arlington. The sales price was undisclosed. Marymount plans to...

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Meridian’s Doshi Arranges Deal for Carnegie Hill Apartments
News 1 day ago
Meridian’s Doshi Arranges Deal for Carnegie Hill Apartments
Source Connect Media

Amit Doshi of Meridian Investment Sales arranged the sale of 118 E. 93rd St. in the Upper East Side’s Carnegie Hill neighborhood for $27.5 million....

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The Collective Finds New U.S. Base in Soho
News 1 day ago
The Collective Finds New U.S. Base in Soho
Source Connect Media

Co-living company The Collective will relocate its U.S. base of operations to the duplex penthouse of the SoHo Building at 110 Greene St. The move...

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Wheeling Apartments Trade for Repositioning
News 1 day ago
Wheeling Apartments Trade for Repositioning
Source Connect Media

Matanky Realty Group’s Terri Cox and Zach Slagle completed the sale of 515-519 S. Milwaukee Ave., a 56-unit, value-add apartment complex in the...

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“One-of-a-Kind” NE Ohio Mfg. Facility Up for Sale or Lease
News 1 day ago
“One-of-a-Kind” NE Ohio Mfg. Facility Up for Sale or Lease
Source Connect Media

CBRE has been awarded the listing assignment for a 243,188 square-foot industrial facility outside Cleveland by client The Hampshire Companies LLC....

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Maryland MXU Project Trades for $63M
News 1 day ago
Maryland MXU Project Trades for $63M
Source Connect Media

JLL has arranged the $62.7 million sale of Monument Village, a mixed-use residential and retail property in College Park. Built in 2016, the...

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Apple Takes a Bite Out of Macy’s Office Space
News 1 day ago
Apple Takes a Bite Out of Macy’s Office Space
Source Connect Media

Apple is joining Google and Facebook among tech giants with an expanding office presence on Manhattan’s West Side. The New York Post reported that...

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Exiger First to Claim Subleased Space at 1675 Broadway
News 1 day ago
Exiger First to Claim Subleased Space at 1675 Broadway
Source Connect Media

After being tasked with subleasing 600,000 square feet at Rudin Management’s 1675 Broadway, CBRE has completed its first major transaction under...

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Premier Wraps Up Work on Coworking Space at HSA’s MXU
News 1 day ago
Premier Wraps Up Work on Coworking Space at HSA’s MXU
Source Connect Media

Premier Design + Build Group recently completed work on a new 33,815-square-foot shared office and coworking facility in suburban Milwaukee for...

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Grand Hyatt Selected as Flag for Miami Beach Convention Center Hotel
News 1 day ago
Grand Hyatt Selected as Flag for Miami Beach Convention Center Hotel
Source Connect Media

The development team behind Miami Beach’s new Convention Center hotel announced that the 800-room property will be operated by Hyatt under the...

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Passco: Continued Growth Drives Demand for Class A Multifamily Product in Atlanta
News 1 day ago
Passco: Continued Growth Drives Demand for Class A Multifamily Product in Atlanta
Source Connect Media

By Nika Dufour, Vice President, Multifamily Investments at Passco Companies Atlanta has, over the past several years, drawn in top employers,...

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Tacoma Multifamily Development Resumes with New Funding
News 1 day ago
Tacoma Multifamily Development Resumes with New Funding
Source Connect Media

3650 REIT originated a nearly $35-million construction loan for the completion of The Hailey, a 186-unit multifamily development at 1210 Tacoma Ave...

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