Centennial Yards Company topped out the first residential tower in the sports and entertainment district at Centennial Yards. The company broke ground on the first two projects within the $5 billion 50-acre mixed-use development less than two years ago and marks…
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…
Machine Investment Group and Prospect Lane have landed a $53.4 million bridge financing for an 877-unit, seven-property portfolio in two South Carolina counties. A JLL team led by Jamie Leachman secured the three-year, floating-rate loan. The portfolio comprises five properties…
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…
New York University paid $69.2 million to acquire a 13-story dormitory at 35 Cooper Sq. in NoHo from a partnership between Sherwood Equities and Bhatia Development Organization, reported the New York Business Journal. Sherwood and Bhatia have been leasing the…
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…
SR Real Estate Partners and Circle Squared Alternative Investments procured $77 million for the refinancing of Junction 49, a new 754-bed student housing community located at 7600 University City Blvd. in Charlotte. The loan was provided by Macquarie Capital Principal…
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…
Thorofare Capital, an affiliate of asset management platform Callodine Group, LLC, provided a $23 million fixed-rate loan to a DLP Capital affiliate for the refinancing of Dream Aspen Creek, a 2018-built, 240-unit, Class A apartment community in the Tulsa bedroom…
Pasadena-based ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, said investors have fully subscribed its Net-Leased Portfolio 65 DST, an $82.28-million offering featuring 416,735 square feet of national tenants in necessity-based industries. The portfolio is…
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