Georgia
Atlanta Souring on Data Centers
The Atlanta area experienced a 211% increase in data center projects under construction in calendar year 2023, the largest increase… Read more
1st Centennial Yards Rental Project Tops Out
Centennial Yards Company topped out the first residential tower in the sports and entertainment district at Centennial Yards. The company broke… Read more
Hybrid Hospitality Option Opens in Atlanta
Placemakr, a flexible-use hospitality and multifamily operator, and Jamestown have announced a new hospitality living concept, Scout Living. Located at… Read more
Cardone Closes on 2 S. Florida Rental Assets, One on Way
Real estate investor and promoter Grant Cardone has purchased two Miami-area multifamily properties: the Manor at Flagler Village in Fort… Read more
North River Capital JV Acquires 230K-SF Industrial Park in Richmond
A joint venture partnership between North River Capital, LLC, Feldman Bergin Properties, and Queenswood Partners, LLC has acquired 1700 Richmond… Read more
Equity Residential Shells Out $108M for Atlanta Apartment Asset
Equity Residential paid $108 million for a 425-unit Sandy Springs apartment complex. The multifamily community, The Bishop, was sold by… Read more
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
JV Buys Expansive St. Simons Island Resort
South Street Partners and TPG Real Estate have formed a joint venture to acquire The King and Prince Beach & Golf Resort… 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
Texas Industrial Pipeline Takes a Dip
Dallas-Fort Worth is home to the third-largest industrial pipeline nationwide at 15.7 million square feet, representing 1.6% of the market’s current stock,… Read more
Qcells Scores $1.45B Federal Loan for Solar Panel Plant
Solar panel maker Qcells has given its conditional commitment to a $1.45 billion federal loan guarantee to build a solar… 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