JLL has arranged financing for K14 Campus Flats, a student housing property across the street from the University of Oregon in Eugene, Oregon. Working on behalf of the borrower, Waterway Family Funds, JLL placed the 10-year acquisition financing with Freddie…
Maria Gatea The self-storage sector is entering a stabilization phase after a decade-long building boom, marked by high demand and relatively limited supply. There’s still opportunity, but things are settling down a bit. Unless you’re looking at tertiary markets. A…
JLL Capital Markets arranged a $108 million refinancing with New York Life Real Estate Investors for a 13-property, self-storage portfolio located throughout the Dallas-Fort Worth Metroplex. On behalf of the borrower, a joint venture between Hines and Trez Capital, JLL Capital…
Kankakee County has been awarded a $2.9 million grant from the Illinois Department of Transportation (IDOT) to overhaul Highway 9, improving access to the new Gotion electric vehicle battery plant in Manteno. The grant is part of IDOT’s Economic Development…
According to Northmarq’s Single-Tenant Q1 2024 report, investment sales activity hit $11.2 billion, a 26% increase from the previous quarter. While the numbers reflect “a 4.5% decline compared to this time last year,” the Northmarq analysts note that the sector…
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…
Chicago-based healthcare real estate developer Remedy Medical Properties, Kayne Anderson Real Estate and UCHealth recently broke ground on two new medical office buildings in the Denver area. In addition to Remedy, the other members of the project team are Davis…
Forman Capital provided a $9.41 million construction loan to a developer who will convert a vacant hotel into an apartment community. GoodHomes Communities will soon begin construction on a 5.25-acre site located at 2444 Maple Ave. in Burlington, N.C. Ben…
IPC Alternative Real Estate Income Trust, Inc., a publicly registered perpetual-life NAV entity focused on alternative property sectors, announced its operating partnership, IPC Alternative Real Estate Operating Partnership, LP, closed on the acquisition of four self-storage properties. Two of the…
BWE secured a $31 million loan to finance the construction of Imperium Suwanee, a 212-unit Class A multifamily development in Suwanee, Georgia, part of the Atlanta metropolitan area. BWE’s Thomas Wiedeman originated the construction loan from two community bank lenders…
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