California
Berkadia Secures Acquisition Financing for 280-Unit MF in Lilburn
Berkadia’s JV Equity and Structured Capital Group in New York has secured financing for the acquisition of Park Crossing Apartments,… Read more
Compass’ Polsinellis Market Nolita Retail
Compass’ Adelaide Polsinelli and Trystan Polsinelli are marketing a retail condominium at 262 Mott St. in Nolita. It’s occupied by… Read more
Jamaica MXU Secures Construction Loan
Meridian Capital Group has arranged $15.7 million in construction financing for a mixed-use property in Queens’ Jamaica neighborhood. The development,… Read more
Habitat Buys Rentals in Detroit, Twin Cities Metros
Chicago-based The Habitat Company recently acquired three new rental properties. They include the Village of Hyde Park, a development of 43 townhomes in… Read more
Bentall Kennedy Pays $110M for Alameda Station in Denver
Bentall Kennedy LP paid $109.6 million to IMT Capital for ownership rights to Alameda Station, a Class A, 338-unit multifamily… Read more
Pendo to Relocate Corporate Headquarters to Downtown Raleigh in 2022
Software company Pendo has announced plans to occupy five floors and 125,000 square feet of a new 19-story tower in… Read more
LaSalle Lands Otay Mesa Industrial Portfolio from Murphy
LaSalle Investment Management acquired a two-building industrial portfolio totaling 201,020 square feet in San Diego’s Otay Mesa submarket from San… Read more
Rexford Acquires Pair of SoCal Industrial Assets for $35M
Los Angeles-based Rexford Industrial Realty, Inc. acquired two industrial properties in SoCal for a total of $34.5 million. The sellers… Read more
NorthMarq Secures $93M Construction Loan for San Francisco’s First CLT Building
NorthMarq secured $93 million in construction-to-permanent financing for One De Haro, a 133,427-square-foot mixed-use building in San Francisco. The sponsor… Read more
Brookfield Divests Alameda Waterfront Research Park for $265M
A fund controlled by New York-based DRA Advisors LLC, in joint venture with Local Capital Group, acquired Marina Village, a… Read more
TOD Site Sold in Seattle’s University District for $17M
A 24,240-square-foot transit-oriented development site in Seattle’s University District, has sold for $17.3 million. The buyer was an unnamed private… Read more
Meridian Arranges $312M Acquisition Financing for T-Mobile US HQ in Bellevue
Meridian Capital Group arranged $312 million in acquisition financing for Newport Corporate Center, a Class A corporate headquarters campus anchored… Read more
Jeffrey Patterson Takes Over Helm of Allen Matkins
California-based Allen Matkins announced that Jeffrey R. Patterson has been elected as the firm’s new Managing Partner, effective July 1.… Read more
Douglaston Completes Final Phase of South Bronx MXU
Douglaston Development has completed Crossroads Plaza in the South Bronx. Built on the site of an abandoned gas station in three… Read more
Italian Auto Supplier Buys Detroit Site for New Factory
Italian automotive supplier Tiberina Group has acquired 10 acres of land at the former American Axle & Manufacturing Holdings site… Read more
Move-Ins Begin at CIM Group’s South Loop Tower
The first residents are moving in at CIM Group and Murphy Development Group’s 500-unit Paragon rental tower in the South… Read more
384-Unit Preserve at the Port Changes Hands
A local investor ended its nine-year hold on Preserve at the Port, a 384-unit apartment complex on San Antonio’s southwest… Read more
Bellwether Enterprise Secures $115M Acquisition Financing for Affordable Housing Portfolio in Southeast
Bellwether Enterprise Real Estate Capital secured $115 million in financing for the acquisition of 12 affordable housing properties in South… Read more
Crestview Commons Development Wrapping Up; Phase IV Breaks Ground
High Street Residential, Trammell Crow Co.’s residential subsidiary, is wrapping up more than a decade of work on its Crestview… Read more