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Anchor Health Acquires Edmonds MOB
News 2 weeks ago
Anchor Health Acquires Edmonds MOB

Charlottesville, VA-based Anchor Health Properties acquired Edmonds Medical Center, a 32,000-square-foot, two-story medical office building in...

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Lowe Completes Development of Redmond Town Center’s First Apartment Project
News 2 weeks ago
Lowe Completes Development of Redmond Town Center’s First Apartment Project

Lowe completed development of Talisman, a 286-unit multifamily and retail property at Redmond Town Center, a mixed-use lifestyle center in the...

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Vestar Picks Up Lynnwood Retail Portfolio for $95M
News 2 weeks ago
Vestar Picks Up Lynnwood Retail Portfolio for $95M

Vestar purchased a six-property, 297,599-square-foot retail portfolio in Lynnwood, WA from the original developer for $95 million in an off-market...

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Exclusive Q&A: Capital One’s Tellefson Shares 2020 MOB Outlook
News 2 weeks ago
Exclusive Q&A: Capital One’s Tellefson Shares 2020 MOB Outlook

It’s a brand new year—hello, 2020!—so Connect Healthcare tracked down Erik Tellefson of Capital One Healthcare for an exclusive Q&A. Read on for...

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Urban Renaissance Group, PCCP Team up on Bellevue’s Lincoln Executive Center
News 2 weeks ago
Urban Renaissance Group, PCCP Team up on Bellevue’s Lincoln Executive Center

Seattle-based Urban Renaissance Group LLC (URG) and Miller Global Properties sold the 297,508-square-foot Lincoln Executive Center (LEC) in...

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Kennedy Wilson Bags Bothell Campus for $55M
News 2 weeks ago
Kennedy Wilson Bags Bothell Campus for $55M

Kennedy Wilson Fund VI, a commingled fund managed by Beverly Hills, CA-based Kennedy Wilson, acquired Canyon Park East, an institutional-quality...

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Novogradac Weighs in on New O-Zone Regulations
News 2 weeks ago
Novogradac Weighs in on New O-Zone Regulations

On Dec. 19, 2019, the Internal Revenue Service and U.S. Department of the Treasury issued their third and final round of guidance pertaining to...

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Urban Catalyst Acquires Former Movie Theater; Plans MXU Revamp
News 2 weeks ago
Urban Catalyst Acquires Former Movie Theater; Plans MXU Revamp

Urban Catalyst acquired a currently vacant 70,330-square-foot property in a downtown San Jose, CA designated Opportunity Zone. The new owner plans...

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PRP Secures $80M in Financing for Office to Residential Conversion in DC
News 2 weeks ago
PRP Secures $80M in Financing for Office to Residential Conversion in DC

D.C.-based developer PRP has secured $80 million in financing for an office-to-residential conversion in Alexandria. The planned $81 million...

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Q&A: Population, Job Growth Driving Southeast Multifamily Growth
News 2 weeks ago
Q&A: Population, Job Growth Driving Southeast Multifamily Growth

Ongoing population growth has been fueling commercial real estate growth in the Southeast for the past several years, and the multifamily sector...

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Augusta Apartment Community Trades for $51M
News 2 weeks ago
Augusta Apartment Community Trades for $51M

NorthRock Cos. has acquired Riverstone Apartment Homes, a 328-unit apartment community in Augusta. The sales price was $51 million. Taylor Bird,...

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Oakland Leaders to Endorse SB 50 Affordable Housing Act
News 2 weeks ago
Oakland Leaders to Endorse SB 50 Affordable Housing Act

California State Senators Scott Wiener (D-San Francisco) and Nancy Skinner (D-Oakland) will join Oakland Mayor Libby Schaaf and a host of...

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RMK to Manage Luxury Rentals in South Loop
News 2 weeks ago
RMK to Manage Luxury Rentals in South Loop

RMK Management Corp. was selected to oversee property management for 1000 S. Clark, a 469-unit luxury apartment tower in the South Loop...

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Kinghorn, Driver, Hough (KDH) Acquired by NorthMarq
News 2 weeks ago
Kinghorn, Driver, Hough (KDH) Acquired by NorthMarq

Kinghorn, Driver, Hough & Co. (KDH) was acquired by NorthMarq for an undisclosed price. Commercial debt and equity firm KDH is headquartered in...

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Borden Dairy Second Dallas Milk Producer to File for Bankruptcy
News 2 weeks ago
Borden Dairy Second Dallas Milk Producer to File for Bankruptcy

Dallas-based Borden Dairy Co. is the second major milk producer to file for bankruptcy within the last two months. The company’s actions followed...

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213K-SF Grand at Papago Park Sells for $90M
News 2 weeks ago
213K-SF Grand at Papago Park Sells for $90M

Susquehanna Holdings Ltd. shook hands with partners Lincoln Property Co. and Goldman Sachs & Co. LLC to acquire the first phase of the Grand at...

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Canadian Investor Pays $76M for 326-Unit Liv Goodyear
News 2 weeks ago
Canadian Investor Pays $76M for 326-Unit Liv Goodyear

ZJ Holdings LP acquired Liv Goodyear, a 326-unit multifamily asset in Goodyear, AZ. The Canadian buyer, led by investor Ehyan Caldwell, paid $75.5...

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Cawley Partners Buys Rent-A-Center HQ Building in Sale-Leaseback Deal
News 2 weeks ago
Cawley Partners Buys Rent-A-Center HQ Building in Sale-Leaseback Deal

Rent-A-Center’s corporate headquarters building in Plano, TX has been sold to Cawley Partners. The furniture and appliance rental company disposed...

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Georgetown ISD closes on 135 Acres
News 2 weeks ago
Georgetown ISD closes on 135 Acres

The Georgetown Independent School District closed on its acquisition of 135 acres, situated near D.B. Wood and Cedar Breaks Park Roads in...

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Banks See Uptick in Construction Loan Delinquencies
News 2 weeks ago
Banks See Uptick in Construction Loan Delinquencies

Although delinquency rates are low overall in bank portfolio loans for commercial real estate, multifamily and construction, construction loan...

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Traditional Brick and Mortar Brands Can ‘Crush It’ Online
News 2 weeks ago
Traditional Brick and Mortar Brands Can ‘Crush It’ Online

By Dennis Kaiser Successfully competing in e-commerce comes with a hefty price tag, but retailers need to be on this platform to survive and stay...

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Unico, Partners Group Acquire Bellevue Connection MXU, Plan Cascadian in SLU
News 2 weeks ago
Unico, Partners Group Acquire Bellevue Connection MXU, Plan Cascadian in SLU

Partners Group and Unico Properties LLC, a subsidiary of Unico Investment Group LLC, announced the purchase of Bellevue Connection in Bellevue’s...

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Amazon at Apollo Creative Office Building in Seattle Sells for $270M
News 3 weeks ago
Amazon at Apollo Creative Office Building in Seattle Sells for $270M

Amazon at Apollo, a 12-story, state-of-the-art creative office building totaling 317,804 square feet in Seattle’s South Lake Union submarket, has...

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KKR Makes a $1.2B Bet on Puget Sound; Snags Pair of Office Properties
News 1 month ago
KKR Makes a $1.2B Bet on Puget Sound; Snags Pair of Office Properties

New York-based KKR bought a pair of Puget Sound office properties for more than $1.2 billion. The acquisition of the Summit in Bellevue and the F5...

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IRS, Treasury Issue Final Opportunity Zone Guidance
News 1 month ago
IRS, Treasury Issue Final Opportunity Zone Guidance

The Internal Revenue Service (IRS) and U.S. Department of the Treasury issued their final Opportunity Zone guidance, providing more detail and...

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Florida Fund Snags 436-Unit 2803 Riverside
News 1 month ago
Florida Fund Snags 436-Unit 2803 Riverside

Blue Atlantic Partners Fund III (BAP III) bought 2803 Riverside, a 436-unit multifamily property in the Dallas-Fort Worth suburb of Grand Prairie,...

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Broadcom Stays Put at The Terrace 6
News 1 month ago
Broadcom Stays Put at The Terrace 6

Broadcom Corporation opted to renew its 24,337-square-foot lease at The Terrace 6 in Austin. The tenant is a global technology company that designs...

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Skanska Sells Bank of America Tower Majority Stake for $373M
News 1 month ago
Skanska Sells Bank of America Tower Majority Stake for $373M

Skanska entered into an agreement to divest 90% of its interest in the Bank of America Tower in downtown Houston. The Swedish investor sold its...

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$80M Construction Loan Closed for Loren at Lady Bird Lake
News 1 month ago
$80M Construction Loan Closed for Loren at Lady Bird Lake

Hall Structured Finance closed a first-lien construction loan totaling $80 million to finance development of The Loren at Lady Bird Lake in Austin....

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Mohr Capital Pays $100M for 409K-SF MetCenter Portfolio
News 1 month ago
Mohr Capital Pays $100M for 409K-SF MetCenter Portfolio

Mohr Capital shook hands with Zydeco Development to acquire a 404,800-square-foot office and industrial portfolio in Austin. The Dallas buyer paid ...

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