Hanley Investment Group Real Estate Advisors arranged the sale of a recently constructed, three-tenant net-leased investment anchored by a Chipotle Mexican Grill with a drive-thru Chipotlane in Riverside. The sale price was $5.84 million. EVP Eric Wohl and associate CJ Kiehler…
Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new property leased to Chipotle Mexican Grill with a drive-thru “Chipotlane” at Anatolia Marketplace shopping center in Rancho Cordova, , an affluent suburb of Sacramento. The absolute NNN ground…
Brickstone Partners announced a $58 million refinancing of its Fort Collins portfolio provided by Blackstone. Brickstone acquired the portfolio consisting of two communities, The Junction Apartments and The Alpine Apartments, totaling 288 units and 9,390 square feet of retail space…
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…
Marquette Cos. and Origin Investments are seeking approval from a Nashville planning agency on a mixed-use development at 1000 Hawkins St., the former site of a Beaman car dealership property. North Edgehill Commons will include five buildings, two eight-stories and…
A joint venture between Songy Highroads and the Hyatt Corporation has obtained a $54 million loan from Deutsche Bank for the 218-room Hyatt Centric Buckhead Atlanta. Commercial Edge reports that the refinancing takes over for a $48 million Citizens Bank…
Progressive Real Estate Partners arranged the $3.5-million all-cash sale of a 7-Eleven anchored triple-net retail strip center at 728 W. Vernon Ave. in Los Angeles. The 6,300-square foot, three-tenant center is fully leased. President Brad Umansky, CCIM and investment sales advisor Lance Mordachini represented both parties in the transaction. …
CBRE arranged the $4.9-million sale of a 8,450-square-foot multifamily development site in the Century City submarket of West Los Angeles to 416 Development Group, LLC, which will utilize Fox Hills Development Group, LLC as the development entity. Laurie Lustig-Bower and Kamran Paydar with CBRE’s Los Angeles…
CenterSquare Investment Management and PAGEWOOD have joined forces to acquire Gateway Industrial Commons, a 621,000-square-foot industrial services facility (ISF) portfolio. ISFs are typically truck terminals, material and container storage yards, and equipment maintenance facilities. Comprised of 46 buildings spanning nine…
This is the second article in a four-part series highlighting student housing as a real estate asset class. The first article, “Educational Overview: Student Housing vs Multifamily Housing,” is live. Parker Champion Student housing has come a long way in…
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