Placemakr, a flexible-use hospitality and multifamily operator, and Jamestown have announced a new hospitality living concept, Scout Living. Located at the Ponce City Market campus in Atlanta, the newly constructed tower has 405 fully furnished units and is now available for…
California-based Orton Development is considering converting the nearly century-old Joseph Vance Building, an art deco property in downtown Seattle. Location at the corner of Third Avenue and Union Street downtown, the project would turn unused Seattle offices into housing, reported…
Real estate investor and promoter Grant Cardone has purchased two Miami-area multifamily properties: the Manor at Flagler Village in Fort Lauderdale and the Laurels at Jacaranda in Plantation. The S. Florida Business Journal reports that Nuveen was the seller. The…
CTO Realty Growth Inc. acquired three open-air shopping centers last week for $137 million. Two were in Florida and one in Charlotte. CTO purchased the Carolina Pavilion shopping center in south Charlotte for $94 million. The deal includes 700,529 square…
First National Realty Partners (FNRP) has acquired Waretown Town Center, an 87,735-square-foot grocery-anchored shopping center located in Waretown, within New Jersey’s Ocean County. This acquisition for an undisclosed sum marks Red Bank, NJ-based FNRP’s seventh shopping center in New Jersey. Waretown Town Center is…
SimonMed is pursuing a permit to build a 239-unit apartment complex and 13,000 square feet of office space near the Glendale sports and entertainment district (photo). The Phoenix Business Journal reports the new proposal would be developed in two phases…
Portman, 908 Group, Canyon Partners Real Estate and PTM Partners have partnered up to develop a student housing project (“The Hall”) on the Florida State University (“FSU”) campus across from Legacy Hall, the future home for the FSU College of…
Large-scale loans helped drive significant credit changes in newly delinquent loans, cured loans and modified loans during July, Trepp reported. For example, the office CMBS delinquency rate rose 54 basis points last month to 8.09%, with a single loan–the $670-million…
201 N. Charles St., an office property in downtown Baltimore, sold on August 15 for $3.1 million via an online auction on TenX to an unidentified buyer, according to the Baltimore Business Journal. State records show the seller was RSS…
ZOM Living paid $12.55 million for 19.21 acres along Carpenter Fire Station Road west of Highway 55 to develop a new apartment complex in the NC Research Triangle. Azalea at the Park will have 315 units, 15 townhomes and up…
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