Georgia
Centennial Yards Developer Switching Out Apartments for Hotel Rooms
CIM Group is rethinking its plan to build 60 apartments. Instead, the lead developer of Centennial Yards is planning to… Read more
Hillwood Obtains $61.3M Refi on Jax Logistics Building
CBRE has facilitated a $61.3 million loan for Florida Gateway Logistics Park – Building 800, a fully leased and newly… Read more
Atlanta-Area Data Center to Span 2M-SF, Cost $1B
Strategic Real Estate Partners is planning a 2.1 million-square-foot data center in Palmetto, Georgia. The project is expected to span… Read more
Americas Data Center Vacancies Drop to 3% as Demand Exceeds Supply
The vacancy rate for data centers in the Americas has fallen to 3%, with more than 80% of deliveries pre-leased… Read more
Doral Warehouse Part of $160M Portfolio Sale
Northwood Investors acquired a distribution warehouse in Doral for $46.5 million as part of a three-building portfolio deal. UBS Realty… Read more
Dream Capital Exploring First Nashville Hotel Project
Nashville is expected to be home to a new dual-branded hotel. Dream Capital Management has filed plans with the Metro… Read more
Thompson Thrift Launches 7th MF Development Partnership
Thompson Thrift announced the launch of Thompson Thrift 2025 Multifamily Development, LP. The offering seeks to raise $230 million in… Read more
Wood Partners Off-Loads Nashville Apartments
Wood Partners sold an Antioch apartment complex for $86 million. The firm sold the Corban Farms at Cane Ridge apartment… Read more
Mall West End Redevelopment Project Moving Forward
The City of Atlanta and a team of developers are ready to move forward with the redevelopment of Mall West… Read more
SITE Spins Off San Antonio Power Center
Sterling Organization has closed on the $180.5 million purchase of a 994,000-square-foot portfolio of open-air shopping centers. SITE Centers sold… Read more
McCraney Leases Up Over 50% of Savannah Industrial Park, Before Delivery
McCraney Property Company has reached agreements on three leases totaling 695,560 square feet for Phase I of Logistics 16 at… Read more
Foxfield, AEW Gwinnett County Office Conversion Underway
Foxfield and AEW Capital Management, are moving ahead on their Sugarloaf Logistics Hub campus project in Gwinnett County, Georgia. Foxfield… Read more
Berkadia Arranges Sale, Financing for Hampton Roads MF Properties
Berkadia has completed the sale and financing of three Peninsula properties totaling 1,461 units. The properties are garden and townhouse-style… Read more
Lalani, Exact Teaming Up on Atlanta Affordable Apartment Project
Lalani Ventures is working with Exact Capital on a mixed-use, mixed-income venture at Underground Atlanta, a project Lalani is developing.… Read more
Return to Lender: Week of Sept. 26, 2024
Join industry leaders at Connect Distressed Investment & Finance 2024 on October 22 in Los Angeles at the Luxe on Sunset. This event… Read more
Menlo Buys 305K-SF Distressed Atlanta Office Project
Lincoln Properties has unloaded the Echo Street West project, an office project that Lincoln was having a hard team paying… Read more
Austin Retail Center Picked Up by Westwood Financial
Westwood Financial purchased Trails at 620 from Partners Capital. Partners originally purchased the Austin site in 2020 as part of… Read more
Developer Group Eyeing Fed Funds for 2 Peachtree Conversion
A four-team joint venture is seeking a low-interest federal loan to convert a downtown Atlanta office building into residential units.… Read more