Arizona
Marcus & Millichap Brokers $5M Sale of Dorchester MF Property
Marcus & Millichap announced the sale of a 20-unit multifamily property in Dorchester, MA, for $5.29 million. The four-story property… Read more
TSMC Ups Phoenix Plant Investment to $65B
It’s being called the largest direct foreign investment in a completely new project in U.S. history. That’s what the US… Read more
Paradise Valley Resort Changes Hands
A joint venture between Partners Group, acting on behalf of its clients, and funds managed by Trinity Investments acquired The… Read more
Naftali, JP Morgan Provide Refi for Nashville Highrise
Naftali Credit Partners and J.P. Morgan provided a short-term bridge loan of $120 million to Tidal Real Estate Partners. The… Read more
It’s Time to Nominate CRE’s Rising Stars for 2024
The deadline is drawing near for nominations in Connect CRE’s eighth annual Next Generation Awards. Although response has been positive,… Read more
Blackstone Taking Apartment Income REIT Private for $10B
Blackstone and Apartment Income REIT Corp. (AIR Communities) said Monday that Blackstone Real Estate Partners X will acquire all outstanding… Read more
Local Buyer Snaps Up Anaheim Apartments
CBRE closed the sale of a seven-unit multifamily property in Anaheim to a private investor for $2,525,000. The selling price represents… Read more
Essex Brokers Sale of Five South Side Apartment Buildings
Essex Realty Group, Inc., has negotiated the sales of five apartment buildings in two separate transactions. One sale was a… Read more
CA Assembly Bill Advances with New Regs on Security Deposits
The California Assembly Judiciary Committee approved a bill proposing new regulations on how landlords manage security deposits, while also aiming… Read more
Avison Young Sells Four Manhattan Buildings for $60M
Avison Young has facilitated the sale of four Manhattan buildings on behalf of Page Management to Derby Copeland Capital for… Read more
Coyotes Release Plans for Proposed Entertainment Complex
Last week ConnectCRE reported on the Arizona Coyotes interest in prevailing in a public auction for a parcel in North… Read more
Amazon, VA Housing Commit $85M to NoVa Affordable Housing
SCG Development has closed the first phase of Somos at McLean Metro, a new affordable housing development in Northern Virginia.… Read more
Phoenix to Accept Proposals for Soon-Vacant Downtown Parcel
The city of Phoenix police headquarters is moving a few blocks away into the Wells Fargo building at 100 W.… Read more
Astor Picks Little Havana for Apartments
Astor Cos. purchased a multifamily development site in the Little Havana neighborhood of Miami for $10 million. Sunny Management sold… Read more
Starwood, Mast Building Miami Beach Condos
Starwood Capital Group and Mast Capital broke ground on The Perigon, a 17-story residential property at 5333 Collins Avenue, on… Read more
BWE Secures Construction Loan for Suwanee Development
BWE secured a $31 million loan to finance the construction of Imperium Suwanee, a 212-unit Class A multifamily development in… Read more
99 Cents Only Stores Closing All 371 Locations
Commerce, CA-based 99 Cents Only Stores LLC said Thursday afternoon it would close all 371 of its stores. The company entered… Read more
Chicago Investor Sells Apartment Portfolio for $72M
The longtime owner has sold a portfolio of more than 300 apartments on the city’s North Side, cashing in on… Read more
Inland Closes Colorado Springs MF Sale
Oak Brook, Illinois-based Inland Private Capital Corporation (“IPC”) closed the sale of the Estate at Woodmen Ridge Apartment Homes in… Read more