Utah
Seattle’s Avatar Provides $9M Loan for Utah Ski Mansion
Seattle-based Avatar Financial Group has provided an $8.75 million bridge loan to custom home builder Iluminus Group to complete the… Read more
CBRE Reps Buyer, Secures $21M Acquisition Loan for Acworth Apartment Complex
Atlanta, GA-based real estate firm The Hallmark Companies has secured a $21.4-million loan through CBRE for and completed the acquisition… Read more
Dual-Branded Hotel Properties Open in SLC
Element Hotels and Le Meridien Hotels & Resorts are opening as one, in Salt Lake City. The two will share… Read more
The California Exodus Continues
California’s population has continued to decline, as the negative impacts of traffic, the cost of housing and the ability to… Read more
Dallas-Based Texas Instruments Makes Record-Breaking Utah Investment
In what leaders say is the “largest private economic investment in Utah history,” Texas Instruments (TI) is set to invest… Read more
Utah to Receive Record $11 Billion Investment from Texas Instruments
In what leaders say is the “largest private economic investment in Utah history,” Texas Instruments (TI) is set to invest… Read more
Harbor Bay Converting SLC Office to Apartments
Harbor Bay Ventures likely will be replacing an underutilized office building in Salt Lake City with a residential building. The firm… Read more
Moab, Utah Location for $350M Luxury Resort, Residences
Invent Development Partners has obtained $50 mil of construction financing for Phase I of the Lionsback Resort in Moab, Utah,… Read more
Palisades Tahoe Recreation Project Moves Forward
A 90,000-square-foot indoor recreation center planned for Palisades Tahoe, CA has taken a step forward, as Placer County officials have… Read more
Southwest Self-Storage Portfolio Trades for $266M
18 self-storage properties were included in the offering. The porfolio was sold by a joint venture of Phoenix-based Wentworth Property… Read more
NorthRock Companies Uses $37M Loan to Acquire Henrico Community
Salt Lake City, UT-based NorthRock Companies has secured a $36.9 million fixed-rate Fannie Mae loan for the acquisition of Hickory… Read more
Shops at Tanger Highway in Pooler Trades Ownership for $7M
Northmarq has brokered the sale of the Shops at Tanger Parkway, a 15,600-square-foot multi-tenant retail center located at 240 Tanger… Read more
Las Vegas Value-Add Rental Community Yields 162K/Unit
Sunstone Properties from California purchased the Sutton Place apartments in Las Vegas for $37 million from the Bridge Investment Group… Read more
EOS Fitness Locks in Three Houston Area Leases
EOS Fitness jumped on the California to Texas bandwagon earlier this year when they moved their headquarters from California to… Read more
LS Carlson Law Named IMPACT’s Law Firm of the Year
Orange County-based real estate law firm LS Carlson Law has received the 2022 IMPACT Law Firm of the Year. The… Read more
Suburban Milwaukee Shopping Center Sells in 1031 Exchange
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Shoppers World of Brookfield. The 100% leased, 178,784-square-foot… Read more
JLL Hires Healthcare Properties Leader
JLL has hired Alison Flynn Gaffney, as Division President, Healthcare. She will be leading JLL’s healthcare business. With more than… Read more
Easterly Government Properties Nears Full Disposition of 10-Property Portfolio for $205M
Washington, DC-based Easterly Government Properties, Inc. — a real estate investment trust focused primarily on the acquisition, development and management… Read more
Digging into the Kroger/Albertson’s Merger: Q&A with Placer.ai’s R.J. Hottovy
On Oct. 14, 2022, Kroger and Albertson’s Cos. announced a merger valued at more than $20 billion. The news, perhaps… Read more