Nevada
Las Vegas Apartments Trade for $52.75M
Northmarq brokered the sale of Millennium East, a 236-unit, garden-style multifamily community in Las Vegas, for $52.75 million. Millennium East,… Read more
Apartments Trade for $27M in Low-Vacancy Anaheim
Marcus & Millichap closed the sale of Le Chateau Apartments, a 76-unit apartment asset in Anaheim. The property sold for $27.45… Read more
Kidder Mathews Grows Asset Services Division with New President
Kidder Mathews has promoted Erin French, CPM, CCIM to President of Asset Services. In this role, she will lead the… Read more
Shopoff Plans 1M-SF Industrial in Desert Hot Springs
Shopoff Realty Investments said Tuesday it acquired a 55-acre property in Desert Hot Springs, within the Inland Empire East region. Plans call… Read more
Rubio’s Coastal Grill Files for Chapter 11 After Store Closures
San Diego-based fast casual chain Rubio’s Coastal Grill has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.… Read more
Canyon Ranch Eyeing Fall Lake Travis Groundbreaking
Fort Worth-based Canyon Ranch will begin constructing a new, $121 million luxury wellness resort near Lake Travis later this year, according to… Read more
SVN Experts See Southwest Investors Shifting Their Focus
SVN has just issued a first-quarter market report covering a broad swath of the U.S., namely the Southwest, spanning from… Read more
In Retail Leasing, It’s a Landlord’s Market (VIDEO)
At the recent ICSC Las Vegas conference, Connect CRE asked a number of industry leaders whether retail leasing is more… Read more
Dollar Tree Reportedly High Bidder for 100-Plus 99 Cents Only Locations
Dollar Tree is reportedly the winning bidder for at least 93 shuttered 99 Cents Only stores spread across California, the… Read more
King Street Takes Majority Stake in Data Center Operator Colovore
Global investment firm King Street Capital Management, L.P. acquired a majority ownership stake in Colovore, a Santa Clara-based data center… Read more
Sentrl Expands Management Portfolio Into Portland
Sentral, a residential hospitality operator, has expanded its portfolio into two new markets with management contracts at The Sutton in… Read more
Adult Mini-Golf Venue to Open in Back Bay
Swingers, a mini-golf venue for adults, has been approved to open in Boston’s Back Bay, at the former Crate & Barrel store on Boylston… Read more
Shaq’s Big Chicken Restaurant to Open Tacoma Location
Big Chicken, a fried chicken restaurant backed by NBA Hall of Famer Shaquille O’Neal, is set to open a new… Read more
Median Apartment Rents Post Ninth Consecutive Y-O-Y Decline
The median asking rent nationally for 0-2 bedroom apartments declined -0.7% year-over-year from April 2023 to $1,723 and declined across all… Read more
WaFD Agrees to Sell 2,000 Multifamily Loans to BofA
WaFD Inc. said in a regulatory filing that its Washington Federal Bank subsidiary had agreed to sell 2,000 commercial multifamily… Read more
Cushman & Wakefield Arranges $220M Financing for 2.1M-SF Industrial Portfolio
Cushman & Wakefield has facilitated a $220 million financing deal for Ares Industrial Real Estate Income Trust, Inc., backed by… Read more
LV’s Mirage Closing Date Announced
For 34 years, the Mirage was one of the most opulent and recognizable hotels on the Las Vegas Strip. But… Read more