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Shops to Victoria Gardens Divested by Fit Development
News 3 days ago
Shops to Victoria Gardens Divested by Fit Development
Source Connect Media

JLL Capital Markets closed the $13.75 million sale of Shops to Victoria Gardens in Rancho Cucamonga, CA. The 31,405-square-foot retail strip center...

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Fernando Arencibia Jr. Elected to Lead MIAMI Commercial Realtors
News 3 days ago
Fernando Arencibia Jr. Elected to Lead MIAMI Commercial Realtors
Source Connect Media

The MIAMI Association of Realtors Commercial (MIAMI Commercial) elected Fernando Arencibia Jr., C2EX as its 2020 president. The group represents 52...

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Hines-Led JV Buys Land for Luxury Apartment Development in North Phoenix
News 3 days ago
Hines-Led JV Buys Land for Luxury Apartment Development in North Phoenix
Source Connect Media

Houston-based Hines, along with a joint venture partner, closed on 11 acres in north Phoenix with plans to develop a 325-unit luxury for-rent...

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Thorofare Capital Funds $24M Acquisition Loan for Beverly Hills Portfolio
News 3 days ago
Thorofare Capital Funds $24M Acquisition Loan for Beverly Hills Portfolio
Source Connect Media

Los Angeles-based Thorofare Capital funded a $23.8 million acquisition loan for a Beverly Hills, CA portfolio. The properties include 415 North...

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Tower Capital Delivers $20M for Mesa Home2 Suites Development
News 3 days ago
Tower Capital Delivers $20M for Mesa Home2 Suites Development
Source Connect Media

Phoenix-based Tower Capital advised on more than $20.1 million in financing for the ground-up development of a 111-key Home2 Suites by Hilton hotel...

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Knighthead Delivers Development Funding for Boutique South Carolina Hotel
News 3 days ago
Knighthead Delivers Development Funding for Boutique South Carolina Hotel
Source Connect Media

Greenwich, CT-based Knighthead Funding LLC provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the...

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CGI Completes Renovation of MF Development in Orlando
News 3 days ago
CGI Completes Renovation of MF Development in Orlando
Source Connect Media

Los Angeles-based CGI Strategies commenced leasing at Astoria at Celebration, a 306-unit luxury multifamily community in Celebration, FL, after...

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Kaiser Permanente Cancels $900M Oakland HQ Project
News 3 days ago
Kaiser Permanente Cancels $900M Oakland HQ Project
Source Connect Media

Kaiser Permanente has decided not to move forward on a planned $900-million headquarters development in Oakland. The healthcare company planned to...

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PTLA Divests Lincoln Terrace MF in Walnut Creek
News 3 days ago
PTLA Divests Lincoln Terrace MF in Walnut Creek
Source Connect Media

The Colliers Northern California multifamily team brokered the sale of a multifamily property at 1100 Lincoln Ave. in Walnut Creek. Known as...

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Washington Governor Mirrors Other States’ Lockdown Orders
News 3 days ago
Washington Governor Mirrors Other States’ Lockdown Orders
Source Connect Media

Washington Gov. Jay Inslee signed a statewide order that requires Washingtonians to stay home. The order will last for two weeks and could be...

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AIA Sells Lincoln Square Apartments, Brings More to Market
News 4 days ago
AIA Sells Lincoln Square Apartments, Brings More to Market
Source Connect Media

Apartment Investment Advisers (AIA) recently closed the sale of a nine-unit mixed-use building in the North Side’s Lincoln Square neighborhood,...

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Blackfin/GMF JV Enters Fredericksburg Market
News 4 days ago
Blackfin/GMF JV Enters Fredericksburg Market
Source Connect Media

A joint venture between Blackfin Real Estate Investors and GMF Capital LLC closed on the $23.5-million acquisition of Southpoint Reserve at Stoney...

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JBG Smith Strikes Deal to Add 1M SF in Crystal City Projects
News 4 days ago
JBG Smith Strikes Deal to Add 1M SF in Crystal City Projects
Source Connect Media

JBG Smith has struck a deal with Virginia’s Arlington County to provide new affordable housing, park space and transportation improvements in...

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El Paso’s Last Remaining Spec Industrial Now Spoken For
News 4 days ago
El Paso’s Last Remaining Spec Industrial Now Spoken For
Source Connect Media

Supply-chain management firm Impulse 4.0 has signed a lease to occupy 125,646 square feet of industrial space at 9581 Joe Rodriguez Dr. in El Paso....

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Morgan Stanley Provides Debt on Bronx MF Portfolio
News 4 days ago
Morgan Stanley Provides Debt on Bronx MF Portfolio
Source Connect Media

Black Bear Capital Partners (BBCP) recently arranged $63.8 million in permanent financing on behalf of Finkelstein Timberger East Real Estate ...

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City of Chicago to Rent Out Hotel Rooms for COVID-19 Patients
News 4 days ago
City of Chicago to Rent Out Hotel Rooms for COVID-19 Patients
Source Connect Media

With a view toward easing the strain on hospitals, as well as helping to slow the spread of the coronavirus, the city of Chicago is renting...

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Financing Achieves “Flexibility” for Darwin German Acquisition
News 4 days ago
Financing Achieves “Flexibility” for Darwin German Acquisition
Source Connect Media

Los Angeles-based Nova Capital secured $27.385 million in debt and equity financing on behalf of Darwin German Real Estate Investments to acquire...

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Stringer: NYC Tax Losses in COVID-19 Could Reach $6B
News 4 days ago
Stringer: NYC Tax Losses in COVID-19 Could Reach $6B
Source Connect Media

New York City Comptroller Scott M. Stringer said he now forecasts tax revenue losses of between $4.8 billion and $6 billion total for the city...

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John Buck JV Snags Construction Financing for Colorado Office
News 4 days ago
John Buck JV Snags Construction Financing for Colorado Office
Source Connect Media

A joint venture between The John Buck Company, Kinship Capital and Element Properties secured $29.4 million in construction financing for S’PARK...

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Atlas Proposes 32-story Ritz-Carlton Tower in Buckhead
News 4 days ago
Atlas Proposes 32-story Ritz-Carlton Tower in Buckhead
Source Connect Media

Atlas Capital Ventures plans to develop a 32-story project in Atlanta’s Buckhead at Peachtree and Peachtree Dunwoody roads. The proposed project is...

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Group Kirkman Divests 18-Acre Redevelopment in New Orlando Tourist Corridor
News 4 days ago
Group Kirkman Divests 18-Acre Redevelopment in New Orlando Tourist Corridor
Source Connect Media

Group Kirkman sold the 18-acre International Festival Shopping Center in Orlando that is in line to be one of the first redevelopment deals...

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JLL Arranges Nearly $1B for 17-Property, 7M-SF National Portfolio
News 4 days ago
JLL Arranges Nearly $1B for 17-Property, 7M-SF National Portfolio
Source Connect Media

JLL Capital Markets arranged $991.77 million in financing for a geographically diverse, 17-property portfolio totaling more than seven million...

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Marcus & Millichap’s Weinstock to Lead Self-Storage Platform
News 4 days ago
Marcus & Millichap’s Weinstock to Lead Self-Storage Platform
Source Connect Media

Steven D. Weinstock has been named national director of Marcus & Millichap’s Self Storage Division. The division provides commercial real estate...

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Cabot Inks Deal with Trane in West Palm Beach
News 4 days ago
Cabot Inks Deal with Trane in West Palm Beach
Source Connect Media

Boston-based Cabot Properties signed a more than 63,000 renewal and expansion lease with Trane at Vista Distribution Center in Palm Beach County....

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Don Hudson Joins Kidder Mathews in Pasadena
News 4 days ago
Don Hudson Joins Kidder Mathews in Pasadena
Source Connect Media

Don Hudson, one of the most respected brokers in the commercial real estate industry, has joined Kidder Mathews’ Pasadena office as a senior vice...

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California Leasing Shuttered DTLA Hospital from Verity, Seton Medical Center in Daly City
News 4 days ago
California Leasing Shuttered DTLA Hospital from Verity, Seton Medical Center in Daly City
Source Connect Media

California Gov. Gavin Newsom has directed more than $42 million in emergency funding to expand California’s health care infrastructure and secure...

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Ground Broken on 21-Story ‘Small Unit’ MF in PHX’s Roosevelt Row
News 4 days ago
Ground Broken on 21-Story ‘Small Unit’ MF in PHX’s Roosevelt Row
Source Connect Media

Construction commenced on Ascentris’ 21-story Derby Roosevelt Row, Metro Phoenix’s first “small unit” apartment development. Located at 800 E. 2nd...

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Fed Makes Open-Ended Commitment to Bond Purchases
News 4 days ago
Fed Makes Open-Ended Commitment to Bond Purchases
Source Connect Media

The Federal Reserve on Monday announced an open-ended commitment to buying Treasury and agency mortgage-back securities, including CMBS. One of a...

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Midwest Industrial Signs Equipment Maker to HQ Lease
News 5 days ago
Midwest Industrial Signs Equipment Maker to HQ Lease
Source Connect Media

Midwest Industrial Funds recently completed a long-term lease with Skyjack Equipment for 102,467 square feet at 2525 Enterprise Cir., West Chicago,...

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New Market Properties Adds Kroger-Anchored Center in Dallas
News 5 days ago
New Market Properties Adds Kroger-Anchored Center in Dallas
Source Connect Media

Atlanta-based Preferred Apartment Communities, through its New Market Properties subsidiary, acquired Midway Market, an 85,599-square-foot grocery...

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