News by subject: RLE

On May 24, the Richmond city council voted to deny Winehaven Legacy, LLC, a special purpose entity of Irvine-based developer, Suncal, the right to develop the former Pointe Molate Naval Fuel Depot.  The deal would have added over $22.5 million to the...

Vertically integrated real estate investment firm?First National Realty Partners, LLC?(FNRP) today announced the addition of The Shoppes at Grayhawk in Omaha to its rapidly growing shopping center portfolio. This 221,000-square-foot asset marks the...

Today, Windham Mountain announces a multi-million dollar investment to provide housing as part of its commitment to developing and investing in Mountain employees. The investment will provide housing in the winter primarily for international...

UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside. The Dubai-based developer plans to build an ultra-luxurious, CAVALLI branded condominium project....

MG Properties, a private San Diego-based real estate investor, owner, and operator has acquired the 275-unit Verona Apartments in Henderson. MG Properties owns five other properties in the Las Vegas submarket....

Woodforest National Bank® (Woodforest) is participating in the construction and permanent financing of several affordable housing developments in Florida through a $2.8 million guidance line of credit in a Low-Income Housing Tax Credit (LIHTC) pool...

JRW Realty, a nationwide commercial real estate brokerage dedicated to finding and delivering net-leased properties, has facilitated the acquisition of six Walmart Neighborhood Markets in Louisiana on behalf of its client for a total price of $84...

Hodges Ward Elliott ("HWE"), the premier boutique real estate capital markets advisor, announced it has brokered the sale of the Hampton Inn Athens hotel, a 112-room select-service hospitality asset located at 2220 W. Broad Street in Athens, GA. An...

Kay Properties & Investments, which operates one of the nation's largest 1031 exchange investment marketplaces at www.kpi1031.com, announced it had successfully brought one of its custom Kay Properties DST offerings full cycle on behalf of multiple...

Award-winning residential developer Hillwood Communities, a Perot Company, today announced the acquisition of 540 acres in League City and the intent to develop the land as its third Houston-area master-planned community. The new community, which has...

Final Offer, a new online platform that simplifies the offer and negotiation process for agents, sellers and buyers of residential real estate, has announced the first-ever home sale through the platform....

Crescent Communities and Pretium today announced the closing of land for the development of HARMON Five Points, the fourth build-to-rent (BTR) community under development, and second community in Charlotte, as part of their previously announced joint...

Landsea Homes Corporation ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it closed on 149 homesites in Sanford, Florida for a new community called Kentucky Square....

Curzio Research, Inc. a financial publishing company specializing in independent investment research and analysis, announced a strategic partnership with TCG Coin 2.0, creators of the largest open world 4k metaverse, called TCG World. ...

SLB Capital Advisors ("SLB") successfully advised Ponce Financial Group (the "Company" or "Ponce Bank") on the sale of its corporate headquarters in the Bronx and certain bank branches in the New York metro area.  Concurrent with the transactions,...

The Commerce City Council fully approved a new 850 unit mixed-use development project at a meeting on Feb. 22, allowing the development phase to begin. The project, named Modelo to reference the Commerce motto of "the Model City," is a robust, new,...

Jair Lynch Real Estate Partners ("Jair Lynch"), a leading owner and developer of mixed-use properties and attainable housing in the Mid-Atlantic region, and Nuveen Real Estate ("Nuveen"), one of the largest real estate managers globally with $152...

JRW Realty, a nationwide commercial real estate brokerage dedicated to finding and delivering net-leased properties, has facilitated the sale and closing of Point Mallard Centre, a multi-retail shopping center in Decatur, Ala., anchored by a...

Bell Partners Inc., one of the nation's leading apartment investment and management companies, today announced it has acquired Element Uptown, a 352-unit high-rise community located in Charlotte, N.C., and Waypoint West, a 192-unit, garden-style...

Thompson Thrift Residential, a wholly-owned affiliate of Indianapolis-based Thompson Thrift and one of the nation's leading multifamily developers, announced today the development of Drift, a luxury multifamily community in Daytona Beach. Thompson...

The 22,000 SQFT Lodge in Hunters Creek Houston, is considered an architectural masterpiece, and has never been...

Deepwater Investment Group (D2), an affiliate of the D2 Organization, announces the sale of Garden State Logistics Park (Garden State) in Salem County, NJ. The 282-acre site was purchased through a joint-venture between CT Realty & PGIM and will be...

Invesco Real Estate Income Trust Inc. ("INREIT"), an institutionally managed, public non-listed REIT, announced today it acquired a majority interest in Everly Roseland, a 384,648 square foot, 360-unit garden-style multifamily community across 30...

Ally Law, a global legal network with 75 independent member firms in 45 countries, is proud to announce its 2022?2023 Executive Board. Members elected the organization's leadership team during its annual business meeting on May 17, 2022. Said Ally...

Empire State Realty Trust, Inc.  announced a new lease with SESAC MUSIC GROUP, a leading music rights management and content company, for the full 24th floor at 250 West 57th Street that totals 12,611 square feet....

GTIS Partners, a global real estate investment firm that manages over $4.3 billion in gross assets with a focus on residential and industrial investments, today announced the sale of 62% of the Triple-A Corporate Building, Infinity Tower. The...

Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development, construction, and management firm announces the sale of Vesta Derby Oaks, a 418-unit apartment community at 3237 Utah Avenue in Louisville, KY....

Weyerhaeuser Company  today announced the completion of its acquisition of 80,800 acres of high-quality timberlands in North and South Carolina from a fund managed by Campbell Global for approximately $265 million. The transaction was announced in...

Ben Schwartz, a 26-year-old senior loan originator with Eastern Union, recently closed a succession of 23 commercial mortgages valued at a total of more than $100 million over the course of a five-week period. The transactions, secured between April...

GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology enabled real estate by announcing the acquisition of 22262 Cloud Plaza ("Cloud Plaza") in Sterling, VA, a highly networked and energy...

ECI Group (ECI) announces the acquisition of Verso Luxury Apartments, a 250-unit, new in 2020, "Big House" concept, multifamily asset in the booming Davenport submarket of Orlando, FL. Located at the heart of Central Florida's high-growth, I-4...

Penzance, a leading owner, operator, and developer in the Washington, DC metropolitan region for over two decades, announced today the sale of Aubrey, one of its three luxury multi-family properties at The Highlands development in Rosslyn, to...

Mohr Capital, a Dallas-based privately held real estate investment firm, acquired the 350-room DoubleTree by Hilton Austin at 6505 N. Interstate 35 in Austin, Texas, for an undisclosed amount. The acquisition marks Mohr Capital's first hospitality...

Today, Foxden Hospitality, the California-based luxury hospitality management company, announced the sale of its boutique Hotel, Dive Palm Springs, to Mariners Group for $5.15 million. This significant sale, at $468,000 per key, marks the highest...

Cortland, a vertically integrated, multifamily real estate investment, development, and management company, announced today it is acquiring four properties in Arlington, Virginia, totaling more than 1500 units. The $1-billion-dollar investment marks...

Flagship Communities Real Estate Investment Trust ("Flagship" or the "REIT") announced today that it will acquire two communities to its portfolio with the acquisition of two properties in Florence Kentucky, (the "Acquisition") for a purchase price...

TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of 195 Nordic Way, 230k square foot single-story industrial building located in Savannah, GA. 195 Nordic Way is...

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has broken ground on Modera Cottingham, a multi-building apartment community spanning 16...

Lument has announced the closing of a $22.6 million proprietary bridge loan for the acquisition and renovation of The Junction, a 205-unit garden-style multifamily apartment community in Arlington, Texas. Lument Managing Director Ted Nasca led the...

Goodwin House Inc. (GHI), a not-for-profit regional senior living and health care services organization in the National Capital Region, today announced the acquisition of Hermitage Northern Virginia, a senior living community in Alexandria, Va. The...

Vertically integrated real estate investment firm First National Realty Partners, LLC (FNRP) today announced the addition of Eagle Plaza in Voorhees to its rapidly expanding portfolio. This 227,000-square-foot asset marks the Red Bank, N.J.-based...

Barings, one of the world's largest diversified real estate investment managers, and Schnitzer West, one of the West Coast's leading real estate investment, development, and property management companies, announced today the $730M sale of Seattle's...

MGM Resorts International ("MGM Resorts" or the "company") today announced the closing of its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the "property" or "The Cosmopolitan") for cash consideration of...

Headwall Investments, a Texas-based commercial real estate development and investment firm, proudly announced today that they have acquired The Oak Hill Centre, a 43,000 square foot neighborhood shopping center located in Austin, TX. The seller was...

Shopoff Realty Investments ("Shopoff"), Praelium Commercial Real Estate ("Praelium), and Blackbird Investment Group ("Blackbird"), announced the leasehold interest sale of 50 Castilian Drive, a 43,655-square-foot office building, occupied by...

Embrey, a diversified real estate investment company based in San Antonio, Texas, has acquired the Arboretum Oaks apartment community. Located in Austin, Texas, the 252-unit property built in 1984, marks the first acquisition, and 25th asset that...

Jamie May's multifamily brokerage team at JBM® Institutional Multifamily Advisors continues their domination of the Southwest Florida market. This time, they closed on two additional Class A+ communities ? Ridgelake and The Reserve at Coconut Point....

TWC Enterprises Limited ("TWC") is announcing today a transaction involving Club de Golf Islesmere located in Laval, Quebec ("Islesmere"). Together with its partner, TWC has reached an agreement to sell the property to a Quebec developer for...

San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Copper Mill Apartments in the desirable Northwest Richmond submarket of the Richmond, Virginia metropolitan area. The firm purchased the property in...

Cartel & Bui LLP and The Law Office of Calvin Goldman, Q.C. have commenced a proposed class action against Dye & Durham Limited and other defendants that the lawsuit alleges conspired together to charge an artificially inflated fee for use of...