REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown Manhattan. Purchased at an 8.5% cap rate, the 98% occupied property features renovated common areas, high-end…
GMH Communities and AEW Capital Management have acquired two student housing communities: Dockside at Clemson University in Clemson, SC and Flatiron at Louisiana State University in Baton Rouge, LA. Terms were not disclosed. Both properties are located near their respective campuses. With…
Landmark Properties has closed on the acquisition of a 1.56-acre site at 134 N. Eagleville Rd., adjacent to the University of Connecticut’s (UConn) main campus in Storrs, CT. The firm will begin construction on The Mark Mansfield, a 738-bed student housing…
Marcus & Millichap closed the sale of two adjacent retail properties in Maplewood, NJ for $4,262,500. Located at 1812 and 1802 Springfield Ave., the 12,415-square-foot freestanding properties are leased to Dollar General and Sherwin-Williams. “Credit-tenant net leases in northern New Jersey…
Peak Properties has been awarded the management assignment at 7800-10 S. Colfax in Chicago’s South Side. “We are excited to bring our expertise to this property and contribute to the South Side community,” said Cory Eisenstein, VP of property management…
Silverstein Properties unveiled a specially commissioned new sculpture by acclaimed architect and artist Frank Gehry in the lobby of 3 World Trade Center. Titled Untitled (Fish on Fire, Greenwich Street), the sculpture adds to Lower Manhattan’s burgeoning public art scene and…
Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington, and Iowa. According to Cambridge’s Managing Director Tony Marino, the Illinois transactions consisted of two affordable rental apartment properties for…
Hilco JCP, LLC, an affiliate of Hilco Real Estate, LLC and manager of Copper Property CTL Pass Through Trust, said Thursday the trust has brought to market 121 net-leased JCPenney properties located across 35 states representing more than 16 million…
Branch Properties received unanimous rezoning approval from the City of Gainesville for Lakeshore, the 49-acre mixed-use redevelopment of Lakeshore Mall. Branch Properties will break ground on Lakeshore in late 2026, and completion is anticipated in 2028. Positioned between Lake Lanier…
S2 Capital acquired a distressed portfolio of properties in Nashville and Knoxville, Tennessee, formerly owned by GVA Real Estate Group. They also picked one up in Dallas. Multifamily Dive reports that to take control of the five properties, S2 placed $60…
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