Mesa Capital Partners has acquired a 282-unit apartment complex in West Midtown Atlanta. The company paid $70.5 million for The Mill at Westside, which was sold by Starlight Investments. The Atlanta Business Chronicle reports that the property last sold for…
A Jacksonville developer is defining its project as regenerative placemaking. The developer, Future of Cities (FoC) has received a $5.5 million incentive package and a rezoning from the city to build a 10-building innovation hub as well as an 830-unit…
Lee & Associates negotiated the 4,669-square-foot sale of Buddy’s Bites and Brews at 702-718 N River Road, Mount Prospect, Illinois, for $1 million. Both the seller, restaurant and hospitality operator Ala Carte Entertainment, and the buyer, Platinum Doors, were represented…
Hanley Investment Group Real Estate Advisors and Oaks Commercial Real Estate arranged the sale of a single-tenant property occupied by a McDonald’s Drive-Thru in Fountain Valley. The sale price was $3.85 million for the absolute triple-net ground lease at a 3.55%…
Columbus, Georgia, the state’s second largest town, is trying to get in on the sports/entertainment building trend. Last month, work began on the renovation of the former Golden Park as part of bringing minor league baseball back to the city….
PGIM Real Estate sold 100 North Tampa, a 572,111-square-foot property. Commercial Edge reports the asset last traded in June 2007, when PGIM Real Estate acquired it from AIG Global Real Estate for $151.9 million. The tower was completed in 1992…
Cantor Fitzgerald and Silverstein Properties have entered into a joint venture with Turnbull Development to develop a mixed-use project in Summerville, SC, encompassing 365 garden-style multifamily units across three buildings and a 40,000-square-foot medical office building in a qualified opportunity…
Woodfield Development secured a $53.7 million senior loan for Margaux Midtown, a luxury apartment community in Nashville, Tennessee. BWE’s provided financing, which was structured by Adam Bieber and Alec Jenkins from BWE’s Washington, D.C. office. Delivered in 2023, Margaux is a luxury…
By the end of the year, the Catalyst Fund will have $90 million to lend to for-profit and nonprofit entities to build affordable housing in Nashville. The fund reports that it believes it can create or preserve 3,000 affordable housing…
Cap rates in the single-tenant net lease sector increased for the ninth consecutive quarter within all three major property types, according to The Boulder Group’s 2nd Quarter Net Lease Research Report. Single-tenant cap rates increased to 6.47% (up five basis points)…
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