A development group, Gateway Jax, has been assembling downtown parcels to ensure it has the critical mass to get going on a project that looks to add a thousand apartment units and an abundance of retail space. The Jacksonville Business…
Meridian Capital Group arranged $9.3 million in financing to refinance a fractured condominium property in Tallahassee. The loan was provided by a credit union and was negotiated by Meridian senior managing director Morris Betesh, managing director Tamir Kazaz and VP…
Greatwater Opportunity Capital is bringing a new $14 million multifamily project to Detroit’s Midtown neighborhood. Located at 3740 Second Avenue, the 39,355-square-foot four-story building will feature 33 studios and 24 one-bedroom apartments. Greatwater leveraged Opportunity Zone funds and financing from…
StarPoint Properties closed the $49.5-million sale of 6th Street Point, a new 179,000-square-foot industrial property located on a 9.8-acre site at 24712 6th St. in San Bernardino. The buyer for the Opportunity Zone (OZ) project was a global institutional real…
Spartan Investment Group has closed three self-storage deals in the firm’s Growth Fund, including one in Kingsland, GA. “At a time when it is challenging to secure loans, find equity, or fund new construction, we’re forging ahead in a strategic…
AltaBird Investments and Stonemont Financial Group have completed the Brown Thrasher Logistics Center. Located within the Belfast Commerce Park in the Savannah Metropolitan Area, the new development is comprised of 281,067 square feet of speculative, Class A industrial space. “The…
NAI Hallmark has announced the sale of The Park at River City for $7.5 million. The 104-unit multifamily property is located at 10621 Monaco Drive, Jacksonville, FL. Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction…
Waterton, a Chicago-based national real estate investor and operator, launched its new Outbound Hotels brand, a collection of locally-minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences near town centers and cultural hubs. “Outbound Hotels expands the…
International infrastructure and construction firm Balfour Beatty is facing a lawsuit from the Equal Employment Opportunity Commission, claiming the firm subjected a female truck driver to severe sexual harassment for more than a year and ignored her complaints. The EEOC filed its…
Lincoln Property Company Southeast has been selected to manage Brown Thrasher Logistics Center, a Class-A industrial complex in Richmond Hill, GA outside of Savannah. Lincoln Senior Vice President Shane Froman, Senior Portfolio Manager Industrial Lead Kim Steward and Senior Portfolio…
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