Atlanta
Atlanta-Based Cortland Raises $1.5B for Value-Add Multifamily Fund
Cortland has closed its Cortland Enhanced Value Fund, securing $1.5 billion in commitments. The value-add, multifamily fund is meant to… Read more
Wells Fargo Sells Non-Agency CRE Loan Servicing to Trimont
Wells Fargo said Tuesday it had agreed to sell the non-agency third-party servicing segment of its commercial mortgage servicing (CMS)… Read more
KKR Snaps Up National Industrial Portfolio for $377M
KKR said Monday afternoon it had acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S.… Read more
Colliers Closes 233K-SF Industrial Lease Transaction in Indy
Colliers has facilitated a full-building lease of 233,618 square feet for a seven-year lease term of Building 1, Terminus at… Read more
HIPER Global Commits to Littleton Mixed-Use for U.S. Headquarters
Computer hardware manufacturer HIPER Global is committing to 72,500 square feet of U.S. headquarters space at 550 King St. within… Read more
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more
Nominate a Woman in Real Estate for Our Eighth Annual Awards
With a little more than a week to go before the deadline for submitting nominations to Connect CRE’s 2024 Women… Read more
Jamestown to Buy $2 Billion Atlanta Subsidiary of North American Properties
Jamestown will acquire the Atlanta subsidiary of Cincinnati-based North American Properties (NAP). The Atlanta subsidiary, which has $2 billion in… Read more
Core Eyeing Georgia Tech Student Housing Venture
Student housing behemoth Core Spaces is hoping to build a 265-unit student housing project adjacent to the Academy of Medicine… Read more
FPA Multifamily Buys Another Apartment Building in Chicago
California-based FPA Multifamily has purchased the 270-unit Vantage Oak Park, located at 150 Forest Avenue, according to Crain’s citing sources… Read more
Atlanta’s Tallest New Building Plans Updated
Rockefeller Group’s plans for the 60-story 1072 West Peachtree are evolving as the building is built. Rockefeller says the tower… Read more
Equity Buys Four DFW Rental Communities
Equity Residential is acquiring 11 apartment communities from Blackstone Real Estate for $964 million. The purchase totals 3,572 apartments, with… Read more
Equity Residential Buying Blackstone Portfolio for Nearly $1B
Equity Residential (EQR) and Blackstone said Wednesday that Equity Residential has agreed to acquire 11 apartment properties from Blackstone Real… Read more
Equity Acquires Atlanta Rental Community for $400K-Unit
Equity Residential, a publicly traded company, acquired the 319-unit Iris O4W project in Atlanta for $126 million, or almost $400,000… Read more
JV Picks Up $83M Atlanta Office Asset
Cousins Properties and Town Lane acquired Proscenium, a 24-story, 526,000-square-foot Class A office building located in the Midtown submarket of… Read more
Atlanta Retail Market Rents on the Rise
Thanks to strong demographic trends, the Atlanta retail market continues to display steady demand. That is just one of the… Read more
Cosm Raises $250M to Drive Growth of “Shared Reality” Venues
Cosm, an immersive technology, media and entertainment company headquartered in Los Angeles, has raised more than $250 million in funding to drive… Read more
Multifamily Rent Growth Rate Ticks Upward in July
Consistent economic growth and demographic trends sustained multifamily demand at the start of 2024’s third quarter, Yardi Matrix said Thursday.… Read more