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PGIM Delivers $66M for 1M-SF Riverside Industrial Acquisition
News 3 weeks ago
PGIM Delivers $66M for 1M-SF Riverside Industrial Acquisition
Source Connect Media

PGIM Real Estate arranged $66 million in acquisition financing for a one-million-square-foot industrial facility in Riverside. The fixed-rate loan...

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JLL Reports Life Sciences Sector Surviving in COVID-19 Era
News 3 weeks ago
JLL Reports Life Sciences Sector Surviving in COVID-19 Era
Source Connect Media

Early signs show the life sciences sector is faring better than other major industries, despite the challenges presented by the COVID-19 pandemic....

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Kennedy Wilson, Fairfax Launch New $2B Real Estate Debt Platform
News 3 weeks ago
Kennedy Wilson, Fairfax Launch New $2B Real Estate Debt Platform
Source Connect Media

Beverly Hills-based Kennedy Wilson formed a $2 billion platform with Toronto-based Fairfax Financial Holdings Limited that plans to pursue first...

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Bridge Promotes Isela Rosales to Lead Capital Markets, ESG and Sustainability
News 3 weeks ago
Bridge Promotes Isela Rosales to Lead Capital Markets, ESG and Sustainability
Source Connect Media

Salt Lake City-based Bridge Investment Group named Isela Rosales Managing Director of Capital Markets, ESG and Sustainability. She will lead the...

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Foundation Group Builds Seattle Portfolio with Woodinville MF Buy
News 3 weeks ago
Foundation Group Builds Seattle Portfolio with Woodinville MF Buy
Source Connect Media

Seattle-based Foundation Group LLC acquired The Villas, a 39-unit condominium and townhome property in Woodinville, WA, a community in the...

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George Oliver Adapts Downtown Chandler Redevelopment in Response to COVID
News 3 weeks ago
George Oliver Adapts Downtown Chandler Redevelopment in Response to COVID
Source Connect Media

Phoenix-based George Oliver is making adjustments to The Alexander in downtown Chandler to accommodate needs in COVID-19 pandemic era. The...

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Colliers Tapped to Sell 530-Acre Marlboro College Campus in Vermont
News 3 weeks ago
Colliers Tapped to Sell 530-Acre Marlboro College Campus in Vermont
Source Connect Media

Colliers International has been tapped to secure the sale of the 530-acre Marlboro College campus in southern Vermont. Located 10 miles from...

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Crystal City BID Launches Art Campaign
News 3 weeks ago
Crystal City BID Launches Art Campaign
Source Connect Media

The Crystal City Business Improvement District (BID) has launched #LoveNationalLanding, a new art campaign aimed to liven the local streetscape and...

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Children’s National to Suspend Certain Real Estate Projects
News 3 weeks ago
Children’s National to Suspend Certain Real Estate Projects
Source Connect Media

Children’s National Health System is reportedly losing around $1 million per day as the ongoing COVID-19 pandemic is lessening the number of...

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Oko Group Breaks Ground on 47-Story Condo Tower in Brickell
News 3 weeks ago
Oko Group Breaks Ground on 47-Story Condo Tower in Brickell
Source Connect Media

Oko Group has broken ground on the Una Residences, a 47-story, 135-unit condo project in Miami’s Brickell neighborhood. The project is the first...

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Broward Senior Living Facility Trades for a Discounted $56M
News 3 weeks ago
Broward Senior Living Facility Trades for a Discounted $56M
Source Connect Media

Parkland FL Senior Housing Propco, an affiliate of Kayne Anderson Real Estate Advisors, has acquired Aston Gardens at Parkland Commons, a 325-unit...

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Bayer Properties to Redevelop Hardwick Steel Plant in Birmingham
News 3 weeks ago
Bayer Properties to Redevelop Hardwick Steel Plant in Birmingham
Source Connect Media

Birmingham-based Bayer Properties has announced plans to purchase and redevelop The Hardwick, a 110-year-old steel plant located in downtown...

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Stonemont Hires Carlyle as VP in Atlanta
News 3 weeks ago
Stonemont Hires Carlyle as VP in Atlanta
Source Connect Media

Lachlan Carlyle Privately held real estate investment firm Stonemont Financial Group has hired Lachlan Carlyle as Vice President in Atlanta....

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W&D Webcast: Peter Linneman’s March Projections of Job Losses Are Panning Out
News 3 weeks ago
W&D Webcast: Peter Linneman’s March Projections of Job Losses Are Panning Out
Source Connect Media

In the second of what has become a series of weekly webcasts presented by Walker & Dunlop and hosted by CEO Willy Walker, economist Peter Linneman...

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D.C.’s Stay-at-Home Order Extended to June 8
News 3 weeks ago
D.C.’s Stay-at-Home Order Extended to June 8
Source Connect Media

Washington, D.C. Mayor Muriel Bowser extended the District of Columbia’s stay-at-home order through June 8, while noting that she could lift it...

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Greystone Arranges $65M Refi on LIC Apartments
News 3 weeks ago
Greystone Arranges $65M Refi on LIC Apartments
Source Connect Media

Greystone provided a $65-million Freddie Mac loan to an affiliate of The Lions Group to refinance One LIC, a 20-story, 110-unit rental apartment...

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White Plains Office/Retail Fetches Premium in “Challenging” Market
News 3 weeks ago
White Plains Office/Retail Fetches Premium in “Challenging” Market
Source Connect Media

Marcus & Millichap arranged the sale of 14 Mamaroneck Ave. in downtown White Plains, NY. The mixed retail/office site sold for $8,950,000....

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Berkadia Secures Debt & Equity on Apts. Near Texas A&M
News 3 weeks ago
Berkadia Secures Debt & Equity on Apts. Near Texas A&M
Source Connect Media

Berkadia secured debt and equity for the acquisition of the 192-unit Element at University Park in College Station. Florida-based Mitch Sinberg and...

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Colliers Launches Broker Relief Program for Team Members in Need
News 3 weeks ago
Colliers Launches Broker Relief Program for Team Members in Need
Source Connect Media

Colliers International has launched a Supplemental Broker Relief Program, a $10-million commitment to assist the firm’s brokerage professionals who...

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Clipper Secures $329M Refi on Flatbush Gardens
News 3 weeks ago
Clipper Secures $329M Refi on Flatbush Gardens
Source Connect Media

Clipper Realty refinanced the debt on its 2,496-unit Flatbush Gardens apartment complex with a $329-million, 12-year secured first mortgage loan...

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Mainstay Restaurant Trades in Lincoln Square
News 3 weeks ago
Mainstay Restaurant Trades in Lincoln Square
Source Connect Media

The historic Chicago BrauHaus at 4732 N. Lincoln Ave. in the North Side’s Lincoln Square neighborhood has changed hands for $3,100,000. Tim...

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Patrinely Puts Kelch at Helm of Property Management
News 3 weeks ago
Patrinely Puts Kelch at Helm of Property Management
Source Connect Media

Houston-based Patrinely Group has promoted Lauren Kelch to SVP of property management. Since joining Patrinely in 2019 as VP, Kelch has been...

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Cook County Plans to Waive Late Fees on Property Taxes
News 3 weeks ago
Cook County Plans to Waive Late Fees on Property Taxes
Source Connect Media

Acknowledging the financial toll of the coronavirus, Cook County plans to waive late fees on property tax payments for both residential and...

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Triple-Net Portfolio Sells to Family Trust
News 3 weeks ago
Triple-Net Portfolio Sells to Family Trust
Source Connect Media

Coldwell Banker Commercial’s Faraz Cheema represented the buyer in the acquisition of three fully- leased commercial properties across Maryland....

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COVID-19 Impact on Boston Office Could Be “Sharp But Short-Lived”
News 3 weeks ago
COVID-19 Impact on Boston Office Could Be “Sharp But Short-Lived”
Source Connect Media

The impact of the COVID-19 pandemic on the Boston office market could be less long-lasting than previous recessions including the dot-com bust, 9...

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Jackson Dearborn Breaks Ground Near U. of Illinois/Champaign
News 3 weeks ago
Jackson Dearborn Breaks Ground Near U. of Illinois/Champaign
Source Connect Media

Jackson Dearborn Partners (JDP), based in Chicago, broke ground on ICON, a 276-bed student housing project at the University of Illinois in...

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KeyBank Secures $84M for Midwest Health Portfolio
News 3 weeks ago
KeyBank Secures $84M for Midwest Health Portfolio
Source Connect Media

KeyBank Real Estate Capital (KBREC) secured $84 million of financing through Fannie Mae for an 11-property portfolio consisting of independent...

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Perot Development’s DFW Park 161 Lands Debt and Equity
News 3 weeks ago
Perot Development’s DFW Park 161 Lands Debt and Equity
Source Connect Media

JLL Capital Markets arranged equity and construction financing for DFW Park 161, a Class A+ industrial park that will eventually total more than 2...

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Calare Picks Up Flex Industrial in Chelsea
News 3 weeks ago
Calare Picks Up Flex Industrial in Chelsea
Source Connect Media

Calare Properties acquired 201 Crescent Ave. in Chelsea, MA, a northern suburb of Boston, for a reported $10.4 million. The 31,800-square-foot...

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JPMorgan Reportedly Launches Real Estate Credit Fund
News 3 weeks ago
JPMorgan Reportedly Launches Real Estate Credit Fund
Source Connect Media

JPMorgan Asset Management has launched a fund to take advantage of dislocations in the public and private real estate credit markets, Crain’s New...

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