News by subject: RLE

In 2022, Eastern Union -- one of America's largest commercial real estate brokerages -- placed and closed loans with more lenders than in any year in the company's 21-year history. During its first full year of leadership under president and CEO Abe...

Castle Lanterra (CL), a prominent New York-based national real estate investment firm, completed another successful year in 2022, with acquisitions and dispositions totaling more than half a billion dollars. As part of a diversification strategy, CL...

Arizona Land Consulting, the Valley's leading, female-owned land consulting firm, announced today the closing of its first-ever purchased property for $5.4 million. The 120-acre parcel of land returned 280% of the original investment since it was...

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the...

Bally's Corporation today announced the completion of its previously announced real estate transaction with the operating partnership of Gaming & Leisure Properties, Inc. ("GLPI"). Bally's and GLPI completed a sale leaseback transaction relating to...

ScanlanKemperBard (Ownership) is pleased to announce that its Mailwell asset is now 100% leased after successfully negotiating two new leases totaling 90,000 square feet....

Cornerstone Home Lending (CHL) has positioned all CHL Loan Officers to originate residential mortgage purchase and refinance loans across CHL's current footprint in 37 states and the District of Columbia, without the need for individual state...

Brazos Residential, LLC, a Dallas-based real estate private equity firm specializing in multifamily investments, announces the acquisition of the Chelsea Apartments located in Raleigh, NC. The transaction marks the firm's fifteenth purchase in 2022....

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has signed a definitive agreement to acquire up to 185 single-tenant retail and industrial properties from subsidiaries of CIM Real Estate...

The "Harry & Meghan" Netflix Mansion The Montecito mansion where Prince Harry and Meghan Markle filmed much of their Netflix documentary "Harry & Meghan," is on the market at $33.5 million. Fit for royalty, the...

Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the acquisition of Oak Enclave Miami, a newly developed, 420-unit, mid-rise multifamily community in...

Murray Wise Associates (MWA) last week completed a farmland auction that is believed to have generated the highest sales price ever in Henry County, Illinois, at $21,100/acre. "This is the first time I've seen farmland prices exceed $21,000/acre in...

PHX MINERALS INC. , announced today that it has entered into two agreements with separate buyers to sell 257 non-operated legacy working interest wellbores in the Arkoma Basin and the Eagleford Play for total cash consideration of approximately $10.7...

On December 22, 2022, Security Properties purchased Brightleaf at Lakeline, a Class-A multifamily property located in Austin, TX in an off-market transaction. Security Properties now owns 112 assets totaling approximately 23,000 units across its...

McCoy Global Inc. ("McCoy," "McCoy Global" or "the Corporation") today announced the closing of a sale-leaseback transaction of its Cedar Park, Texas production and service facility....

Brightleaf at Lakeline, a multifamily community in Austin, Texas, has been sold by Embrey. The 304-unit property featuring one-, two-...

Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced their acquisition of The Pavilions, a 932-unit, garden-style multifamily community in Manchester,...

Newmark has arranged a $535.8 million loan on behalf of GFP Real Estate ("GFP"), Metro Loft Management and Rockwood Capital for the acquisition and redevelopment of 25 Water Street. 25 Water Street is a 22-story, 1.1 million-square-foot office...

Cantor Fitzgerald, L.P. ("Cantor Fitzgerald"1) announced the sale of 865 Bellevue Apartments in Nashville, Tennessee. The sale was facilitated on behalf of investors in 865 Bellevue Apartments, resulting in a total return of 156% of their aggregate...

Gemini Rosemont Commercial Real Estate, a vertically integrated real estate investment management firm specializing in Class A multi-tenant office and luxury residential properties, has acquired Peninsula Life Science Center for $59,350,000....

Global Net Lease, Inc. ("GNL") announced today that it closed on three acquisitions during 2022 with a total contract purchase price of $33.3 million. These acquisitions had a going-in cap rate of 6.8%1 weighted-average cap rate of 7.7%2 and a...

The Necessity Retail REIT, Inc. ("RTL" or the "Company") announced today that it has closed on four property sales for $1.6 million and it expects to close on four additional property sales for $72.8 million in the fourth quarter of 2022. For the...

Hilco Real Estate (HRE) completed a successful sale of the Tru by Hilton Bryan College Station hotel for a total closing price of $9,900,000....

Florida's housing market reported more inventory (active listings) and higher median prices in November compared to a year ago, though inflation and interest rates above 6% continued to influence buyer demand, according to Florida Realtors®' latest...

RCI Hospitality Holdings, Inc. announced the acquisition of a food hall with a full service bar, brewery, and videogame arcade, as well as the associated real estate, in Greenwood Village, CO as part of RCI's expansion in the greater Denver area....

TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, FL, announced today the sale of Orlando International Business Center (OIBC) in Orlando, FL. Albert Livingston, TerraCap Partner and National Director of...

National Asset Services (NAS), one of the Country's leading commercial real estate companies, known for maximizing property value in all economic situations, successfully delivered a buyer for investors in Market Square, a regional power shopping...

Eastern Union, one of the country's largest commercial real estate finance companies, has arranged the $39,723,000 refinancing of Washington & Lee Apartments, a 369-unit multifamily complex in Arlington, VA. The Fannie Mae financing was secured by...

Sigma Lithium successfully commissioned the first module of the Phase 1 production plant (the "Greentech Plant"), on schedule and within budget:Crushing circuit ("dry module") commissioning commenced last week with all tests successfully completed...

The founder of Clearview Capital Group ("Clearview"), Adam Cassidy, has completed the successful sale of the Tempest hotel in Tempe, AZ. Terms of the sale were not disclosed. Cassidy and Clearview pursue a variety of hotel development initiatives...

The Equiton Residential Income Fund Trust (The Apartment Fund) is pleased to announce the acquisition of a multi-family residential property in Toronto, Ontario. The purchase price for the property was $50 million....

The Bascom Group, LLC ("Bascom") continued their acquisition run in Texas, acquiring a 346-unit apartment community in Houston and marking their fifth acquisition in Houston in the past two years. Montierra is a 346-unit community, built in 2003 and...

Titan Development ("Titan"), a leading Southwest real estate development and investment firm, has begun development of the first speculative building at Lockhart 130 Industrial Park in Lockhart, Texas. Building 1, at the 45.1-acre site, will be a...

Lingerfelt, a Richmond, Virginia-based commercial real estate investment firm, announced today the sale of a portfolio of office buildings for approximately $118.95 million. The portfolio included 11 office buildings located in and around Innsbrook...

ECI Group (ECI) announces the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, GA to Fogelman Properties. The 204-unit, 1996-vintage community was acquired by ECI in April 2019. ECI upgraded the unit interiors and...

In the news release, PHOENIX INVESTORS ACQUIRES FOUR PLANTS FROM EATON CORPORATION, issued 19-Dec-2022 by Phoenix Investors over PR Newswire, we are advised by the company that the headline should read "PHOENIX INVESTORS ACQUIRES FOUR PROPERTIES FROM...

An affiliate of Phoenix Investors ("Phoenix") announced the acquisition of a four-property portfolio spanning Nebraska, Iowa, and Indiana. The portfolio was built and occupied by Eaton Corporation ("Eaton"), a power management company with business...

JBM® Institutional Multifamily Advisors has brokered the sale of another Class A+ Southwest Florida multifamily property called Longitude 82 for Passco Companies, headquartered in Irvine, California. The total purchase price was $115,000,000 or $...

Hard Rock International (HRI) on Friday received regulatory approval from the Nevada Gaming Commission for its acquisition of The Mirage Hotel & Casino from MGM Resorts International.  HRI assumed operations control of the property as of 6 a.m....

MG Properties, a private San Diego-based real estate investor, owner, and operator purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital....

A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital has acquired a 290,573 square-foot infill industrial building located at 1675 Watkins Road in...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has formed a new build-to-core joint venture with Manulife Investment...

Shorenstein Properties LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced the sale of the Commons at the Park, at 6800 Solectron Drive. Terms of the transaction...

FD Stonewater announced the first closing of the FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") in the amount of $19 million, simultaneous with the acquisition of two seed assets. The fund closed on an 83,000 square foot mission...

First National Realty Partners, LLC?(FNRP) today announced the addition of Southgate Center to its grocery-anchored shopping center portfolio. The 209,280-square-foot asset marks the nationally focused, vertically integrated real estate investment...

JBM® Institutional Multifamily Advisors continues to close deals in Southwest Florida. This time, they brokered the sale of Versol ? a 2020-built, Class A+, 240-unit luxury multifamily community in Bonita Springs, Florida. The Property sold for...

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and a developer of mixed-use multifamily communities, today announced the acquisition of Zero Coupon LV Training Facility, the Las Vegas Raiders' training...

TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, FL, announced today the sale of Versol Residences. The 240-unit property was built in 2020 and is located in Bonita Springs, FL. "Versol has been a treasure...

NexLiving Communities Inc. ("NexLiving" or the "Company") announced today that it has acquired a portfolio of two properties in Saint John, New Brunswick for $34.3 million. The acquisition includes an adjacent parcel of land that is approved for a...

Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, along with development partner Nuveen Real Estate today announced the groundbreaking for Emblem Cane...