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TruAmerica Acquires 830-Unit Raleigh MF Portfolio for $109M
News 1 month ago
TruAmerica Acquires 830-Unit Raleigh MF Portfolio for $109M

Los Angeles-based multifamily investment firm TruAmerica Multifamily has acquired a three-property multifamily portfolio in Raleigh for $108.7...

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California Legislature Passes Rent Cap Bill
News 1 month ago
California Legislature Passes Rent Cap Bill

A statewide bill that caps rents was passed by the California Assembly on Wednesday and now heads to Gov. Gavin Newsom’s desk for approval. The...

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Rent Control Pushes Up U.S. Apartment Cap Rates, RCA Reports
News 1 month ago
Rent Control Pushes Up U.S. Apartment Cap Rates, RCA Reports

Rent control is causing angst for apartment investors and lenders across the U.S. New research by Real Capital Analytics (RCA) shows new demands...

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Singerman, HATCHspaces Snags Conejo Spectrum Life Science/R&D Campus
News 1 month ago
Singerman, HATCHspaces Snags Conejo Spectrum Life Science/R&D Campus

Think Here, a 160,980-square-foot, Life Science/R&D office campus comprised of two buildings in Thousand Oaks, CA, has been sold. The buyer was a...

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Mag Mile Furnishes CMBS Loan on Indy Hotel
News 1 month ago
Mag Mile Furnishes CMBS Loan on Indy Hotel

Mag Mile Capital’s Rushi Shah and Prabhat Jayara completed a $5.35-million CMBS loan on behalf of Trivedi Hospitality, for the 83-key Courtyard by...

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Safehold Inks $275M Ground Lease on 195 Broadway
News 1 month ago
Safehold Inks $275M Ground Lease on 195 Broadway

Ground lease REIT Safehold Inc. has entered into a definitive agreement to create a new $275-million ground lease at 195 Broadway in Manhattan’s...

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Landmark Tower Trades, One of Orange County’s Largest Sales This Year
News 1 month ago
Landmark Tower Trades, One of Orange County’s Largest Sales This Year

TriCentre, a 211,916-square-foot landmark office tower in Orange, CA, has traded hands. Los Angeles-based Stanton Road Capital acquired the asset...

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Prado Berkeley Multifamily Portfolio Sells for $105M
News 1 month ago
Prado Berkeley Multifamily Portfolio Sells for $105M

Prado Berkeley’s Multifamily Portfolio, a four-property apartment offering totaling 255-units in Berkeley has sold for $105 million. The buyers,...

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Lecocq Will Lead Capital Markets at CRG
News 1 month ago
Lecocq Will Lead Capital Markets at CRG

CRG, the real estate arm of Clayco, has hired Mark Lecocq as SVP of finance. Based in Chicago, Lecocq will lead capital markets for the company’s...

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Chicago-Area Leasing Volume Dips to Near 2009 Trough
News 1 month ago
Chicago-Area Leasing Volume Dips to Near 2009 Trough

All three of Chicago’s major leasing markets—CBD office, suburban office and Chicagoland industrial—saw the lowest volume of completed transactions...

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Exact Capital Expands Executive Team
News 1 month ago
Exact Capital Expands Executive Team

Exact Capital, a Midtown-based development firm active in Northern Manhattan and the Bronx, has expanded its executive team and moved to larger...

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Nauset Construction Completes MXU Project in Central Square
News 1 month ago
Nauset Construction Completes MXU Project in Central Square

Nauset Construction has completed Ten Essex, a 46-unit mixed-use development in Boston’s Central Square. The six-story project also includes 3,000...

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Related MW Launches Build of Connector Linking Downtown, Chinatown
News 1 month ago
Related MW Launches Build of Connector Linking Downtown, Chinatown

Work on the Wells-Wentworth Connector linking downtown and Chinatown has begun at Related Midwest’s The 78 mixed-use mega-project. Part of the...

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Godiva Café Opts for Flatiron District to Open 6th NYC Location
News 1 month ago
Godiva Café Opts for Flatiron District to Open 6th NYC Location

Thor Equities recently leased 2,400 square feet at 933 Broadway, located between 21st and 22nd streets, to Godiva Café. The bakery and coffee shop,...

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Industrial Powerhouse Kohn Joins Avison Team
News 1 month ago
Industrial Powerhouse Kohn Joins Avison Team

Industry veteran Steven Kohn has joined Avison Young as a principal in the company’s Rosemont, Il office. He’s tasked with helping to grow Avison’s...

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Marcus & Millichap Closes on Trade of Bronzeville Retail
News 1 month ago
Marcus & Millichap Closes on Trade of Bronzeville Retail

Marcus & Millichap arranged the sale of a 21,916-square foot retail center in the South Side’s Bronzeville neighborhood. Shadow anchored by a...

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JBA Secures Construction Debt on North Bergen Condo Tower
News 1 month ago
JBA Secures Construction Debt on North Bergen Condo Tower

JBA Equities secured a $55.5-million construction loan for 8701 Churchill Rd., a 14-story, 70-unit condominium project in North Bergen, NJ. The...

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Bullfinch Cos. Secures Three Life Science Leases in Cambridge
News 1 month ago
Bullfinch Cos. Secures Three Life Science Leases in Cambridge

Private real estate investment, development and management firm The Bullfinch Cos. have secured three new leases totaling 134,000 square feet at...

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Marquee Brands Consolidates with Move to Vornado’s Far West Offices
News 1 month ago
Marquee Brands Consolidates with Move to Vornado’s Far West Offices

JLL completed a new transaction for Marquee Brands LLC at Vornado Realty Trust’s 330 W. 34th St. The global brand owner, marketing and media...

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Floor & Decor Inks 104K-SF Deal at District at Moreno Valley
News 1 month ago
Floor & Decor Inks 104K-SF Deal at District at Moreno Valley

Ledo Capital Group (LCG) signed a 104,000-square-foot long-term retail lease with Floor & Décor at The District at Moreno Valley. The 200,000...

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Cohen Financial Secures $22M Acquisition Financing for Lafayette MF Property
News 1 month ago
Cohen Financial Secures $22M Acquisition Financing for Lafayette MF Property

Cohen Financial, a division of SunTrust Bank, has secured a $22 million Freddie Mac loan for the acquisition of La Veranda, a 220-unit multifamily...

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Fort Lauderdale Office Building Trades for $12M
News 1 month ago
Fort Lauderdale Office Building Trades for $12M

Cushman & Wakefield has arranged the $11.8 million sale of the 2601 Building, a 59,942-square-foot office property in Fort Lauderdale. Located at...

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Chetrit Organization’s Parkhill City Opens Leasing Office
News 1 month ago
Chetrit Organization’s Parkhill City Opens Leasing Office

The Chetrit Organization’s Parkhill City multifamily project in the Jamaica section of Queens has opened its leasing office. The two-building...

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365 Adds NJ Data Center to Portfolio
News 1 month ago
365 Adds NJ Data Center to Portfolio

365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater, NJ. The 25,000...

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Dual-Branded Hiltons Open near Lackland AFB
News 1 month ago
Dual-Branded Hiltons Open near Lackland AFB

Baywood Hotels Inc. opened a dual-branded hotel near Lackland Air Force Base on San Antonio’s southwest side. The 183-key property at 9911 Ingram...

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KKR Snags Roswell Industrial Property for $26M
News 1 month ago
KKR Snags Roswell Industrial Property for $26M

New York investment firm KKR & Co. has acquired two industrial buildings in Roswell for $26 million. The structures were built in the 1980s. The 16...

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SLC Considers Replacing Utah Theater with 375-Foot Residential High Rise
News 1 month ago
SLC Considers Replacing Utah Theater with 375-Foot Residential High Rise

Salt Lake City officials are considering a plan to replace the century old Utah Theater in the CBD with a 375-foot, 300-unit residential high-rise,...

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Plans Unveiled for 415K-SF Granite Park Six
News 1 month ago
Plans Unveiled for 415K-SF Granite Park Six

Granite Properties unveiled plans for Granite Park Six. The 415,000-square-foot speculative office building will be the tallest in the 90-acre...

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Enviro Tech Launches Construction on Chemical Manufacturing Facility
News 1 month ago
Enviro Tech Launches Construction on Chemical Manufacturing Facility

Enviro Tech Chemical Services planted its flag in the West Texas town of Levelland, launching construction on a 38,000-square-foot manufacturing...

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New York Seller Trades Array Apartments to Cali Buyer
News 1 month ago
New York Seller Trades Array Apartments to Cali Buyer

Castle Lanterra Properties (CLP) ended its three-year hold on the 370-Unit Array Apartments in Austin’s East Riverside-Oltorf neighborhood. The...

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