Norfolk
NorthMarq Arranges $167M Sale of Virginia MF Portfolio
NorthMarq’s Richmond office has arranged the $167 million sale of the Waverton Virginia Portfolio, a 1,063-unit multifamily portfolio in Virginia.… Read more
CushWake Secures 22K-SF Office Lease in Charlotte
Cushman & Wakefield has arranged a 22,243-square-foot office lease for Community Alternatives at INQ @ 2401, an office property in… Read more
Norfolk Apartment Property Trades for $17M
Berkadia has arranged the $17 million sale of Brittany Place, a 148-unit garden-style apartment community in Norfolk, VA. Alan Meetze… Read more
Related, PGIM, Shoma Sell Doral MF Complex to Harbor for $100M
CityPlace Doral Flats, a mixed-use apartment complex in South Florida, has traded hands for $100 million. Norfolk, VA-based Harbor Group… Read more
Ready Capital Provides $11M Acquisition Loan for Norfolk MF Property
Full-service lending platform Ready Capital has provided a $10.5 million acquisition loan for a 250-unit multifamily property in Norfolk, VA.… Read more
Real Estate Fund Acquires 49K-SF Norfolk Retail Center
Retail real estate fund SWNC I LLC has acquired Little Creek Marketplace, a 49,161-square-foot retail property in Norfolk, VA. The… Read more
Aragon Swaps 13,000 Apartments for $1.9B
An affiliate of Harbor Group International (HGI) has purchased a portfolio of 36 apartment properties totaling 13,243 units from Aragon… Read more
Berkadia Secures $50M Acquisition Loan for Metro Boston MF Property
Berkadia has arranged $49.7 million in acquisition financing for Riverbend on the Charles, a 170-unit multifamily community in the Boston… Read more
Bellwether Secures $22M Construction Loan for Virginia MF Property
Bellwether Enterprise Real Estate Capital has secured a $21.9 million Virginia Housing Development Authority (VHDA) loan for the development of… Read more
National Opportunity Zones Academy Launches in Five Cities
The Rockefeller Foundation and Smart Growth America (SGA) joined forces to launch the National Opportunity Zones Academy. The academy, which… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Harbor Group Adds Crown Heights Luxury Rentals
Harbor Group International (HGI) has acquired the Frederick, a newly-built luxury apartment property in the Crown Heights section of Brooklyn.… Read more
Harbor Group Pays $40M for 258-Unit Arcadia 4127
Harbor Group International LLC acquired the 258-unit Arcadia 4127 apartments in Phoenix. The Norfolk, VA-headquartered buyer paid $40.4 million to… Read more
Cousins to Develop ATL HQ for Norfolk Southern Relocation
Norfolk Southern Corporation plans to relocate its headquarters to Atlanta from Norfolk, VA. The transportation company is in advanced discussions… Read more
10 Hospitals Investing in Facility Upgrades, Expansions
Hospitals and healthcare systems across the United States are actively improving their existing facilities though upgrades and expansions, and building… Read more
Harbor Group Claims Orlando MF for $64M, Berkadia Arranges $42M Loan
Berkadia arranged $41.92 million in acquisition financing for Alexan Crossroads, a 314-unit, Class A-plus garden style community located in Orlando,… Read more
$94M Cancer Center Planned in Norfolk
Sentara Healthcare plans to commence a multi-year, $93.5-million construction project to build a cancer center on the campus of Sentara Leigh Hospital… Read more
Seaports Sailing Smoothly, Continue to Drive West Coast Industrial Markets
Seaports are a vital economic engine for the U.S., and a huge driver of demand for industrial real estate. Research… Read more
Pembroke Pines MF Trades for $159M
Montage at City Center, a 700-unit mid-rise and townhome residential asset in Pembroke Pines, FL, sold to an affiliate of Norfolk,… Read more