Posted on 1/11/21
FCP Acquires Brookview Apartments in Atlanta for $20 Million
FCP announces the $20.0 million acquisition of Brookview Apartments, a 216-unit apartment community in Douglasville, GA. The acquisition marks FCP’s 19th investment in Atlanta and the firm’s . . .
Posted on 1/11/21
PREIT Sets Stage for Next Phase of Evolution with Approval of 1,065 Apartment Units at Moorestown Mall
PREIT (NYSE: PEI), today announced that the Company will proceed with its plan to transform its properties into multi-use, sustainable districts with the execution of a . . .
Posted on 1/11/21
COVID-19 Vaccinations for Va. Essential Workers Start Monday
On Monday, 11 Virginia health districts will begin COVID-19 vaccinations of “frontline essential workers,” including police, teachers and grocery store workers, the Virginia Department of Health . . .
Posted on 1/11/21
Industrial Building in Norfolk Sells For $5M
An industrial building in Norfolk sold for $5 million, Cushman & Wakefield | Thalhimer announced Thursday.The 86,732-square-foot building located at 3501 E. Princess Anne Road sits . . .
Posted on 1/11/21
350-Unit Apartment Complex Coming to Richmond’s Scott’s Addition
A 350-unit mixed-use apartment building is coming to Richmond’s Scott’s Addition neighborhood by late 2022 or early 2023, Glen Allen-based real estate investment company Capital Square . . .
Posted on 1/11/21
Dental Office Building in Suffolk Sells for Nearly $2.43M
A dental office building in Suffolk sold for nearly $2.43 million, Cushman & Wakefield | Thalhimer Capital Markets Group announced Wednesday.California-based investor Aspen Suffolk LLC purchased . . .
Posted on 1/11/21
Fredericksburg Medical Office Building Sells for $2.6M
A medical office building in Fredericksburg sold for $2.6 million, Cushman & Wakefield | Thalhimer announced Wednesday.Nashville-based real estate private equity firm Excelsior Capital Group LLC . . .
Posted on 1/11/21
MacKenzie Represents 156,811-SF Industrial Sale
MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of a five-building industrial complex totaling 156,811 square feet known as the Azar Industrial . . .
Posted on 1/11/21
Global Medical REIT Provides Business Update
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities . . .
Posted on 1/10/21
Fannie Mae Prices $759M Multifamily DUS REMIC Under Its GeMS Program
Fannie Mae (OTCQB: FNMA) priced a $759 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on January 8, 2021. . . .
Posted on 1/10/21
Freddie Mac Announces 2020 Year-End NAIC Designations
MCLEAN, Va., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published on its website the National Association of Insurance Commissioners (NAIC) 2020 filing . . .
Posted on 1/10/21
Greysteel Arranges The Financing Of $38.6M Virginia Multifamily Community
Greysteel, a national commercial real estate investment services firm, has arranged the financing of a 252-unit multifamily property in Stafford, VA.Greysteel CEO, Ari Firoozabadi and the . . .
Posted on 1/10/21
Shannon Rex Joins Colliers International Florida as Executive Managing Director
Colliers International Florida announced today that Shannon Rex has joined the firm as Executive Managing Director of the Debt and Equity Finance practice in South Florida. . . .
Posted on 1/10/21
Grandbridge Seniors Housing Investment Sales Team Closes Sale of Ohio Senior Living Community
Grandbridge Real Estate Capital’s Tampa-based Senior Housing Investment Sales team arranged the $18 million sale of a senior living community in Ohio.The sales team led by . . .
Posted on 1/10/21
World-Class Development Site Hits the Market in Manhattan’s Financial District
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the exclusive listing . . .
Posted on 1/10/21
HREC Arranges Sale of TownePlace Suites Portfolio
HREC Investment Advisor, the nation’s leading and largest hotel real estate advisory firm, is pleased to announce that it has exclusively arranged the sale of eight . . .
Posted on 1/10/21
Institutional Property Advisors Completes $12.1M Junior Box Collection Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of the Junior Box Collection, two retail properties leased by . . .
Posted on 1/8/21
WCRE Represents Snacky Ventures in the Sale and Marketing of 9275 Commerce Highway, Pennsauken, New Jersey to C.L.E. COMMERCE HWY
WCRE is proud to have exclusively represented Snacky Ventures, LLC in the exclusive sale and marketing of 9275 Commerce Highway, Pennsauken, New Jersey to C.L.E. COMMERCE . . .
Posted on 1/8/21
Grover Corlew Appoints Jeff Slade VP of Construction
Grover Corlew, a South Florida-based real estate investment management group focused on acquiring, transforming
Posted on 1/8/21
Marcus & Millichap Arranges The Sale Of A 138,445-Square Foot Retail Property
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of . . .
Posted on 1/8/21
Marcus & Millichap Arranges The Sale Of A 16,335-Square Foot Office Building
Marcus & Millichap (NYSE: MMI), announced today the sale of NNN - Medical Office - Hershey, PA., a 16,335-square foot office property located in Hershey, PA, . . .
Posted on 1/8/21
Summit Hotel Properties Prices Public Offering of 1.50% Convertible Senior Notes
Summit Hotel Properties, Inc. (NYSE: INN) today announced the pricing on January 7, 2021 of an underwritten public offering of $250,000,000 aggregate principal amount of its . . .
Posted on 1/8/21
RCLCO Ranks Summerlin and Bridgeland Among Nation's Best-Selling Master Planned Communities of 2020
Summerlin and Bridgeland, two of the award-winning master planned communities (MPCs) of The Howard Hughes Corporation (NYSE: HHC) have been ranked among the country's top ten best-selling MPCs . . .
Posted on 1/8/21
Vacant Home Initiative to Acquire Properties and Feed Families In Need
A new initiative has been launched to convert vacant homes into valuable and vibrant homes throughout the lower New York region. The new Vacant Important Properties . . .
Posted on 1/8/21
ADDING MULTIMEDIA Tanenbaum Equity Partners, Gardner Tanenbaum Subsidiary, Acquires CoreCivic National GSA Portfolio
OKLAHOMA CITY & DALLAS--(BUSINESS WIRE)--Tanenbaum Equity Partners (TEP), a subsidiary of Oklahoma City-based Gardner Tanenbaum, has acquired the CoreCivic National GSA Portfolio. The portfolio consists of . . .
