Driftwood Capital acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, hotel located in North Carolina’s Research Triangle area. Driftwood will carry out an extensive renovation project to enhance numerous features throughout the Hotel. They’ve committed $9 million…
Jamestown has delivered 619 Ponce, a 115,000-square-foot Class A office building in Atlanta’s Old Fourth Ward. The development is part of the second phase of the Ponce City Market adaptive reuse project at 675 Ponce De Leon Ave NE, which…
Greystar says it’s started construction on its Alpharetta active adult rental community. The Everleigh Deerfield will be located 1010 Meliora Road. Plans for the community include 16 floor plans ranging from 656-square-foot studios to two-bedroom, two-bathroom units spanning over 1,700…
Kidder Mathews has added valuation advisory specialist Eric Cross, MAI as an SVP in Downtown Los Angeles. For more than 20 years, he has focused on valuation assignments in Los Angeles, Orange, Riverside, San Diego, San Bernardino and Ventura counties and also…
Since Covid, mixed-use developers have been forced to reconsider their formula regarding how much office space is needed. The universal adoption of hybrid working during the pandemic has decreased the amount of space companies typically lease in office buildings. Much…
United Properties, a Minneapolis-based commercial property investment company, has acquired Champlin Shores, a senior living community located at 119 E. Hayden Lake Road in Champlin, Minnesota. The property will be rebranded as Amira Choice Champlin. Operating partner Ebenezer Senior Living…
Berkeley Partners has sold a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, GA, to Unilev Capital. The deal marks Unilev Capital’s expansion in the Southeast U.S. Unilev’s Ian Konowitch added, “We are excited about expanding our industrial footprint into…
Cityview, a locally based multifamily investment management and development firm, has completed Jasper, a 296-unit Opportunity Zone project adjacent to the University of Southern California in Los Angeles’ rapidly growing University Park East neighborhood. Located at 2528 S. Grand Ave., the…
Jim Sewell and Erika Maston have been hired to CBRE’s Capital Markets team based in the firm’s Charleston office. The two will focus on the sale of institutional multifamily communities throughout South Carolina and Coastal Georgia. Sewell and Maston join…
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