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Gelt Sells Santa Clarita Multifamily for $63M
News 4 months ago
Gelt Sells Santa Clarita Multifamily for $63M
Source Connect Media

Los Angeles-based investment and asset manager Gelt, Inc. has sold the 232-unit Monterra Ridge Apartments to Culver City-based BAG Investments for ...

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TDC Closes on $333M Cambridge Sale to Healthpeak
News 4 months ago
TDC Closes on $333M Cambridge Sale to Healthpeak
Source Connect Media

The Davis Companies (TDC) recently completed the sale of the Alewife Research Center (ARC), a newly-developed speculative laboratory building in...

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Bell Partners Snags 220-Unit Arlington MF Community
News 4 months ago
Bell Partners Snags 220-Unit Arlington MF Community
Source Connect Media

Apartment investment and management company Bell Partners has acquired Vista on Courthouse, a 220-unit multifamily community in Arlington. The...

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Foulger-Pratt, USAA to Develop 383K-SF Office Building in Tysons
News 4 months ago
Foulger-Pratt, USAA to Develop 383K-SF Office Building in Tysons
Source Connect Media

Foulger-Pratt and USAA Real Estate have announced plans to develop Tysons Central, a 25-story, 383,628-square-foot speculative office tower in...

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Venture X Breaks Ground on First NJ Co-working Location
News 4 months ago
Venture X Breaks Ground on First NJ Co-working Location
Source Connect Media

Shared workspace brand Venture X recently broke ground on its first New Jersey location, with construction supervised by Mack-Cali Realty Corp. The...

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Temecula Industrial Trades for $9.35M
News 4 months ago
Temecula Industrial Trades for $9.35M
Source Connect Media

Avison Young (AY) ended 2019 with the sale of a 102,320-square-foot warehouse in Temecula, CA for $9.35 million. The property, located at 40761...

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Rebuilding of Ground Zero Church to Resume After Two Years
News 4 months ago
Rebuilding of Ground Zero Church to Resume After Two Years
Source Connect Media

Rebuilding of St. Nicholas Greek Orthodox Church near the World Trade Center, stalled for the past two years, will resume under the supervision of...

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Air Quality on 2020 Agenda for Los Angeles Ports
News 4 months ago
Air Quality on 2020 Agenda for Los Angeles Ports
Source Connect Media

The Ports of Los Angeles in Long Beach and San Pedro together see approximately 40 percent of the nation’s imports pass through their terminals...

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LCS Takes Full Ownership of Gold Coast Seniors High-Rise
News 4 months ago
LCS Takes Full Ownership of Gold Coast Seniors High-Rise
Source Connect Media

Fundamental Advisors LP sold The Clare at Rush and Pearson, a high-rise senior housing community in downtown’s Gold Coast neighborhood, to LCS, the...

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SRS Sells Outback Steakhouse Land for Nearly $7M
News 4 months ago
SRS Sells Outback Steakhouse Land for Nearly $7M
Source Connect Media

SRS Real Estate Partners’ National Net Lease Group has sold 1/2-acre of land supporting an Outback Steakhouse location for $7 million. The property...

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West Town “Apartel” Sells to Local Investor
News 4 months ago
West Town “Apartel” Sells to Local Investor
Source Connect Media

Essex Realty Group arranged the sale of 747 N. May St., a recently-renovated 22-unit building in West Town that’s operating as an apartment hotel,...

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Southern U.S. Will Lead 2020 Home Price Growth
News 4 months ago
Southern U.S. Will Lead 2020 Home Price Growth
Source Connect Media

Housing markets in the southern half of the U.S. will perform the best in 2020, according to economists and real estate experts recently surveyed...

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Mankato Deal Means Southern MN Expansion for Investor
News 4 months ago
Mankato Deal Means Southern MN Expansion for Investor
Source Connect Media

Marcus & Millichap recently arranged the sale of The Edge, a 48-unit apartment property located in Mankato, MN. The asset sold for $4,200,000....

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Tampa Apartment Community Trades for $37M
News 4 months ago
Tampa Apartment Community Trades for $37M
Source Connect Media

Boca Raton-based Waypoint Residential has sold The Point at West End, a 356-unit multifamily community in Tampa’s Town-N-Country submarket for $37...

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Lingerfelt CommonWealth Snaps Up Columbus Tower
News 4 months ago
Lingerfelt CommonWealth Snaps Up Columbus Tower
Source Connect Media

Lingerfelt CommonWealth Partners, based in Glen Allen, VA, acquired Chase Tower in Columbus, OH for an undisclosed sum. The 308,337-square-office...

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Quad Property Group Acquires Jacksonville MF Property for $16M
News 4 months ago
Quad Property Group Acquires Jacksonville MF Property for $16M
Source Connect Media

Quad Property Group has acquired The Palms at 2800, a 168-unit multifamily community in Jacksonville. The sales price was $16.2 million. Built in...

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Top Five San Diego Projects and Trends to Follow for 2020
News 4 months ago
Top Five San Diego Projects and Trends to Follow for 2020
Source Connect Media

In a look to the year ahead, the San Diego Union Tribune has highlighted several key news stories to follow as 2020 unfolds. Themes range across...

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Kennedy Wilson Closes $775M Western States Value Add Investment Fund
News 4 months ago
Kennedy Wilson Closes $775M Western States Value Add Investment Fund
Source Connect Media

Kennedy Wilson (NYSE:KW) has secured $775 million in capital commitments and closed its capital raise for Kennedy Wilson Real Estate Fund VI. The...

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Healthcare Investor Snaps Up Hartford-Area MOBs
News 4 months ago
Healthcare Investor Snaps Up Hartford-Area MOBs
Source Connect Media

Jacobson Properties recently arranged the sale of Constitution Professional Park, Newington, CT, a three-building medical office complex spanning...

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San Francisco Earmarks $150M for Infrastructure Improvements
News 4 months ago
San Francisco Earmarks $150M for Infrastructure Improvements
Source Connect Media

The San Francisco Public Utilities Commission (SFPUC) and partner agencies have earmarked $150 million to address coastal erosion at Ocean Beach...

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L.E.K. Consulting Signs 15K-SF Lease Expansion in Boston
News 4 months ago
L.E.K. Consulting Signs 15K-SF Lease Expansion in Boston
Source Connect Media

Global management consulting firm L.E.K. Consulting has renewed and expanded its lease by 15,000 square feet, to a new total of 78,000 square feet,...

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CushWake Brokers Sale of 215-Unit MF Community in Greenville
News 4 months ago
CushWake Brokers Sale of 215-Unit MF Community in Greenville
Source Connect Media

Cushman & Wakefield has arranged the sale of Trailside at Reedy Point, a 215-unit apartment community in Greenville. Marc Robinson, Jordan McCarley...

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Connect Media Looks Back on “Amazing” 2019 (VIDEO)
News 4 months ago
Connect Media Looks Back on “Amazing” 2019 (VIDEO)
Source Connect Media

2019 was a banner year for Connect Media, as reflected by its place among the top 25% of Inc.’s 38th annual ranking of the 5,000 fastest-growing...

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Two Trees Closes on Future Site of Williamsburg Riverfront MXU
News 4 months ago
Two Trees Closes on Future Site of Williamsburg Riverfront MXU
Source Connect Media

Two Trees Management closed on its acquisition of an assemblage on the North Williamsburg riverfront, where the developer plans a mixed-use...

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New Construction Outpaces Demand in Atlanta’s Office Market for Third Year
News 4 months ago
New Construction Outpaces Demand in Atlanta’s Office Market for Third Year
Source Connect Media

New construction in Atlanta’s office market has outpaced demand for the third consecutive year, according to a recent Q4 office report from NKF....

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JLL Secures $128M Financing for Fort Lauderdale MF Project
News 4 months ago
JLL Secures $128M Financing for Fort Lauderdale MF Project
Source Connect Media

JLL has arranged $127.5 million in financing for EON at Flagler Village, a two-phase, multifamily community in Fort Lauderdale’s Flagler Village...

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Penzance Acquires 169-Unit MXU Project in Herndon
News 4 months ago
Penzance Acquires 169-Unit MXU Project in Herndon
Source Connect Media

Owner, operator and developer Penzance has acquired The Mark, a 169-unit mixed-use apartment community in Herndon, VA. The sales price and seller...

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Local Surgeon Buys 90-Room Comfort Suites Alamo/River Walk
News 5 months ago
Local Surgeon Buys 90-Room Comfort Suites Alamo/River Walk
Source Connect Media

Sanjay Misra, a San Antonio orthopedic surgeon, acquired the 90-key Comfort Suites Alamo/River Walk. Sherry Chaudhry and Mohammad Chaudhry sold the...

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Dornin Investment Ends Hold on 189K-SF Parkway Plaza
News 5 months ago
Dornin Investment Ends Hold on 189K-SF Parkway Plaza
Source Connect Media

Dornin Investment Group (DIG) ended a four-year hold on Parkway Plaza office park, consisting of five, single-story office buildings totaling 189...

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Howard Hughes Corp. Pays $565M for Houston Holdings
News 5 months ago
Howard Hughes Corp. Pays $565M for Houston Holdings
Source Connect Media

Howard Hughes Corp. and Occidental shook hands on the acquisition of a of a multimillion-square-foot Houston office portfolio. HHC paid $565...

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