South Carolina
Berkadia Arranges Programmatic Capital Partner for Capstone Communities’ BFR Projects
Berkadia has secured a programmatic capital partner to help Birmingham-based Capstone Communities develop build-for-rent communities. Chinmay Bhatt, Noam Franklin and… Read more
CushWake Acquires SC Operations of Morton G. Thalhimer, Inc.
Cushman & Wakefield has acquired the South Carolina operations of its long-time alliance member Morton G. Thalhimer, Inc., with offices… Read more
CushWake Arranges $36M Sale of Columbia, SC Apartments
Cushman & Wakefield has arranged the $35.7 million sale of Nexus at Sandhill, a 240-unit apartment community adjacent to high-end… Read more
American Finance Trust Upsizes Credit Facility to $815M
“Necessity retail” REIT American Finance Trust (AFIN) has restated its existing $540-million unsecured revolving credit facility and increased it to $815 million. The facility may be increased by $435 million via an… Read more
Mapletree Expands U.S. Logistics Holdings with $3B of Acquisitions
Singapore-based Mapletree Investments Pte Ltd has acquired two portfolios of U.S. logistics assets encompassing 141 income-producing assets for a total of approximately US$3 billion. The company… Read more
Electra Capital Provides $17M Bridge Loan for Apartments in Charleston
Boutique lender Electra Capital has closed on a $16.9 million bridge loan for the acquisition of Avalon at North Charleston… Read more
Cushman & Wakefield Arranges Sale of Apartment Community in Greenville, SC
Cushman & Wakefield has facilitated the sale of a 252-unit apartment complex, Oak Ridge at Pelham, on behalf of seller… Read more
Marco’s Pizza Signs 15-Store Development Agreement for Tampa Area
Marco’s Pizza, headquartered in Toledo, OH, has signed a development agreement that will bring 15 new stores to the Tampa metro market… Read more
Industrial Development Boom Faces Growing Issue of Land Constraints
“Buy land; they’re not making it anymore.” Newmark’s Lisa Denight cites the famous quote from Mark Twain to underscore an issue… Read more
Crescent Communities, Pretium Forge $1B JV Around Build-to-Rent
Crescent Communities and Pretium formed a joint venture to invest $1 billion in new single-family build-to-rent communities across 14 strategic Sunbelt markets. The JV’s new… Read more
Remote-Work Hotspots Aren’t the Nation’s Leading Job Markets
As a growing number of office-using employers are delaying their returns to onsite workplaces, remote work has continued to surge in… Read more
Zimmerman and TriStar Launch Affordable/55+ Clayton County Project
Zimmerman Properties and TriStar have launched construction on a new affordable and 55+ community in unincorporated Stockbridge in Clayton County, just… Read more
WNC Closes Three Institutional LIHTC Funds of $255M
WNC recently closed three institutional low-income housing tax credit funds totaling approximately $255 million in equity. The funds include WNC… Read more
KeyBank Arranges $40M in Fannie Mae Loans on Apartments in Michigan, Southeast
KeyBank Real Estate Capital (KBREC) secured $40.2 million of fixed-rate Fannie Mae financing for The Benchmark Group, a real estate developer,… Read more
Lee & Associates Taps Cori Nuttall as Director in Atlanta
Lee & Associates Atlanta has tapped Cori Nutall as a Director, specializing in office and industrial leasing, as well as… Read more
California, Florida Lead Pack for Most Q2 Condo Sales
ATTOM recently released a special report looking at U.S. condominium sales and prices in oceanfront counties. The report, following up… Read more
TrueRate’s Dan Gorzycki on What’s Fueling the Build-to-Rent Boom
Capital markets veteran Dan Gorzycki heads the recently launched TrueRate Services, an online debt placement marketplace. The platform’s launch coincided with an upsurge of activity… Read more
Greystar Recognizes Upside Potential of Cordoba
Cordoba, a 352-unit apartment community in Phoenix, recently sold to Greystar of Charleston, SC. In making this purchase, Greystar recognized… Read more
Charleston MF Property Trades for $19M
Berkadia has arranged the $19.5 million sale of Oasis at West Ashley, a garden-style multifamily property in Charleston. Located at… Read more