CBRE arranged the $4.9-million sale of a 8,450-square-foot multifamily development site in the Century City submarket of West Los Angeles to 416 Development Group, LLC, which will utilize Fox Hills Development Group, LLC as the development entity. Laurie Lustig-Bower and Kamran Paydar with CBRE’s Los Angeles…
Landmark Properties acquired Pointe on Rio in Austin, near the campus of the University of Texas. Pointe on Rio, soon to be rebranded as Tradition on Rio, is Landmark’s seventh asset in the Austin market; the acquisition adds 321 beds…
1031 Crowdfunding, a real estate investing platform and sponsor of Delaware Statutory Trusts concentrated in the senior housing sector, launched 1031CF Bridge Fund III, a finance fund with a value-add component that targets commercial real estate assets in the senior…
TMG Real Estate Advisors (TMG) announced the promotion of Andris Lizenbergs, Rob Prioletti and Jimmy Yfantopulos. Since last year, they have collectively completed transactions totaling 1.3 million square feet valued at over $106 million.– Lizenbergs, who recently celebrated five years with…
JLL has arranged financing for Inspira Arrowhead, a newly constructed senior housing asset in Glendale, Arizona. The JLL Capital Markets team was led by Senior Director Alanna Ellis and Associate Alex Sheaffer out of the firm’s Seattle office. JLL worked…
Crescent Communities’ Harmon Foxbank build-to-rent neighborhood on the outskirts of Charleston, South Carolina. A major Southeast commercial real estate developer is teaming up with Chicago-based investment management firm Heitman to spearhead more than $200M in new single-family build-to-rent homes across…
The Trepp CMBS Delinquency rate surged in April 2024 after posting a slight decline in March. Overall, the delinquency rate increased 40 basis points to 5.07% for the highest level since September 2021, when the rate was 5.35%. The increase was…
It was once timberland, owned by the New Zealand lumber company Rayonier. Through its subsidiary, Raydient Places + Properties, the company is the developer of Wildlight, which is in far NE Florida. Wildlight is a master-planned mixed-use development in Nassau…
A one-time Greensboro car dealership may be converted into a mixed-use project that could include office, multifamily and restaurant space. GCMC Properties is working with Trask Land Co. Inc. of Wilmington on the former Gate City Motors site. Triad Business…
Americold Realty Trust, Inc., a provider of temperature-controlled logistics and real estate, broke ground on a new $127 million cold storage facility at Canadian Pacific Kansas City’s (CPKC) IFG Terminal in Kansas City, Missouri. The new 335,000-square-foot facility in Kansas…
End of content
End of content
