News by subject: RLE

The RADCO Companies (RADCO), one of the nation's leading opportunistic real estate developers, has acquired The American Hotel, the historically significant 315-room, full-service hotel in Downtown Atlanta from Legacy Ventures, which has been...

Blackstone Real Estate acquires two properties and expands its partnership with Montreal's Kevric Real Estate Corporation, which retains an interest in each asset and manages both properties. Blackstone Real Estate acquired 1100 Atwater in Westmount...

Mohr Capital, a Dallas-based privately held real estate investment firm, sold $65 million of deals over the past 80 days. This includes the recent sale of a 102,466-square-foot industrial building in Gilroy, California, to Four Springs Capital Trust....

Chartwell Retirement Residences ("Chartwell") announced today that it expects to acquire three recently developed retirement residences in Ontario with 467 suites from the entities affiliated with MTCO Holdings on April 1, 2022. The purchase price...

Starlight U.S. Multi-Family (No. 2) Core Plus Fund (the "Fund") announced today that it has entered into separate agreements to refinance Hudson at East ("Hudson") and to acquire a 320-suite Class "A" institutional quality multi-family property...

First National Realty Partners, LLC (FNRP), a rapidly growing, vertically integrated real estate investment firm based in Red Bank, N.J, today announced the acquisition of Brandywine Crossing in Brandywine. The addition of this 231,000-square-foot...

Blackfin Real Estate Investors, LLC (Blackfin), has selected Drucker + Falk (DF), one of the nation's most prominent multifamily management companies, to manage The Merchant, a 231-unit newly constructed luxury apartment community located in...

Hilco Real Estate, LLC announces the successful sale of this newly constructed, 56,963 SF, four-story, 98-Room Holiday Inn Express Hotel on behalf of Wealth Hospitality Group. Sitting on 2.68 AC, this hotel sold to MH Hospitality for $13,950,000,...

Hilco Real Estate, LLC announces the successful sale of this 101,117 SF Residence Inn by Marriott Jackson on behalf of Wealth Hospitality Group. Sitting on three acres, this four-story, 92-room hotel sold to Ridgeway Investment Management, a 1031...

LCR Capital Partners is happy to announce that Louis Frost has agreed to join LCR full-time as Chief Financial Officer.  Since late 2020, Lou has been working with LCR as a Senior Advisor focused on real estate transactions, but will now take on a...

The Howard Hughes Corporation® has announced the sale of its equity interest in 110 North Wacker Drive, a 55-story, 1.5-million-square-foot Class-A office tower in Chicago, to Callahan Capital Partners and Oak Hill Advisors. The transaction involves...

Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industry, today announced its vision to welcome a newly planned entertainment district including an arena in Las Vegas....

SANTÉ Realty Investments announced today that it has strategically closed a $112 million portfolio sale. The 13-property portfolio was part of the SANTÉ Hight Yield Fund III and comprised nearly 1,600 apartment units in the southeast United States....

ScanlanKemperBard (SKB) has announced a joint venture with an existing capital partner to acquire 101 Distribution Center, located at 7811 N Glen Harbor Blvd, which is a 100% leased distribution center positioned on 33 acres of land in Glendale, AZ....

S2 Capital, LLC ("S2") today announced it has acquired Jupiter Isle Apartments, a 359-unit multifamily community in Jupiter, Florida, from Northland. S2, a national value-add multifamily investor with more than $9 billion in transaction volume, is...

T. Rowe Price Group, Inc. , officially began construction today of its new 550,000-square-foot global headquarters set to open in 2024. It will be located at 1307 Point Street in Baltimore's Harbor Point community?a vibrant and growing waterfront...

Tribe Property Technologies  ("Tribe" or the "Company") has partnered with UmbraCity, a network of fully automated, smart umbrella rental kiosks that provide on-demand access to umbrellas for communities. The partnership would bring UmbraCity's...

High Tide Inc. ("High Tide" or the "Company") , a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it is taking yet another step to expand its...

FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, has acquired one industrial building in Ciudad Juarez from its sponsor and one Last Touch® facility in Mexico City from a third party.  These...

Dalfen Industrial continues its California expansion with the purchase of Otay West Logistics center at 6800 Gateway Park in Otay Mesa, CA ? a suburb of San Diego and Stockton Supply Chain Center III at 2230-2248 Stagecoach Rd. in Stockton, CA....

Silverstone Partners ("Silverstone") announced today it has acquired SeventyTwo 27 Apartments (the "Property"), a value-add multifamily community located in the Windsor Park neighborhood of Austin, Texas....

Summit Hotel Properties, Inc. (the "Company") today announced that it has completed the previously announced acquisition of the 176-guestroom Canopy by Hilton New Orleans Downtown for $56.0 million through its joint venture with GIC.  The closing of...

GPR Ventures has made its second-ever multi-family acquisition by completing the purchase of a six building, 64-unit residential project in Salt Lake City. The buildings, renamed from City View Apartments to the Alta View Apartments, are located at...

GPR Ventures further expands its West Coast presence with the purchase of a four-building industrial portfolio in Idaho Falls, the first of two acquisitions in the state of Idaho. The buildings total 584,800 square feet and are 100 percent leased....

Storage Post Self Storage today announced the purchase of a brand-new ground up self-storage facility on Staten Island, New York. Storage Post-North Shore Staten Island is located at 600 Richmond Terrace, Staten Island, NY, 10301. The 148,000 square...

Crescent Communities and Pretium today announced the closing of land for the development of HARMON Legacy Trail, the third build-to-rent (BTR) community under development as part of their previously announced joint venture and commitment to invest $1...

ANDERMATT, Switzerland, March 28, 2022 /PRNewswire/ -- The world's largest ski resort operator Vail Resorts, Inc. (Vail Resorts), headquartered in Colorado, USA, announced today that it is investing approximately CHF 149 million for a 55% stake in...

The 9,500 square foot, 28th full floor penthouse at Houston's acclaimed Astoria highrise has sold. The sale is the second highest priced Houston penthouse sold per the Houston Area Realtor's (HAR) Multiple Listing Service (MLS). Listing price was...

FCP® with partners Insight Property Group and AHC announce the acquisition of Camden Largo Town Center apartments in Largo, MD for $71.9 million. The 245-unit community at 9701 Summit Circle will be rebranded Haven Largo. ...

CSCDA Community Improvement Authority ("CSCDA") and BLVD Impact Housing, an affiliate of The BLVD Group ("BLVD"), in a public-private partnership, have purchased the Towne at Glendale Apartments in Glendale, CA, the fourth largest city in LA County....

Possibly the biggest and most exciting news in the entertainment and real estate arena is the confirmation that Developer Jerome Karam of JMK5 Holdings and his wife Leslie have purchased The Gulf Greyhound Park in La Marque, Texas. In June, 2020,...

Walker & Dunlop, Inc. announced today that it completed the sale of Viridian Edge at the Park and Western Hills, two value-add apartment communities totaling 432 units in Colorado Springs, Colorado. Colorado Springs is home to an educated workforce,...

Shopoff Realty Investments ("Shopoff") announced today that the company has sold a 2.8-acre parcel in La Quinta, California for $1.32 million. The property was entitled by Shopoff for a hotel project....

Nate Paul's World Class Holdings has sold a 64-property self-storage portfolio across 10 states to global real estate investment firm CBRE and facility operator William Warren Group/StorQuest for $588 million. The portfolio comprises over 4.1...

After two years of discussion, Georgian Court University has reached an agreement to sell 42 acres of mostly unused and undeveloped land to the Beth Medrash Govoha (BMG) Lakewood yeshiva. The relationship between GCU, a Catholic University, and BMG,...

Hodges Ward Elliott ("HWE"), the premier boutique real estate capital markets advisor, announced it has brokered the sale of the Amangani resort, a 40-key ultra-luxury property located in Jackson Hole, Wyoming, overlooking the Snake River Valley and...

Pembrook Capital Management LLC ("Pembrook"), one of the nation's leading bridge lenders for affordable housing, announced $20.4 million in preferred equity financing in the Los Angeles market, comprised of the following two new transactions: $12.2...

Copenhagen's landmark Skt. Petri Hotel, ranked the #1 Hotel in Northern Europe by Conde Nast Traveler in 2020, is to be operated by SH Hotels & Resorts, the sustainable hotel brand management company that operates 1 Hotels, Baccarat Hotels and...

Drones illuminated Dubai's sky yesterday with one of the greatest light shows in the Middle East to reveal OMNIYAT's latest ultra-luxury real estate project, the soon to be developed AVA at Palm Jumeirah, Dorchester Collection Dubai. Boasting 17...

Unity Rd., the national cannabis dispensary franchise from Item 9 Labs Corp. , announced today the signing of an agreement that will bring three shops to New Mexico, further solidifying its position as a...

Bear Real Estate Advisors, a national investment services firm, announced today its representation of Cypress West Partners in the acquisition of a four-building, multi-tenant medical office building portfolio in the Las Vegas suburb of Henderson,...

Commercial real estate industry veterans Jerry Hunt, Mark Pleis, Howard Overton and Kameron Klotz have launched 300 Venture Group ("3VG"), a new, privately held real estate investment, development and advisory company that will focus on transforming...

ETHOS ASSET MANAGEMENT INC USA, announced a new long-term financing partnership with The Lakehouse LLC, located on an exquisite estate set on over 8 acres with 600 feet of lake shore frontage. The 8,241 square foot...

The lack of housing inventory, rising mortgage rates and home prices continued to impact Florida's housing market in February, slowing closed sales and pushing median prices to increase compared to a year ago, according to Florida Realtors®' latest...

Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") , the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced that it has completed the sale of the 368-room Embassy Suites Chicago and the 361-room Hilton Garden...

Prime Capital Ventures, which serves as Prime Commercial Lending's Large Balance Commercial Real Estate fund,  is proud to announce a successful $188 million deal with ALUX Properties, LLC for The Bailey, slated to be the first 5-Star luxury hotel...

Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, has acquired Stonebridge at City Park, a 240-unit apartment complex in Houston, Texas....

With an eye towards the future of law and the evolving needs of its clients, attorneys, and staff, McDonald Hopkins announced a 12-year lease renewal of its home office in Cleveland's Fifth Third Center, where a complete renovation will focus on...

JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $5.9 billion in portfolio assets today announced the acquisition of South Reno Medical Center, a more than 32,000-square foot, newly developed medical office...

Barings, one of the world's leading investment management firms, along with its development partner B&Z Development, announced today that it has agreed to a full building lease at its new 124,000 square foot 701 Rio office building in downtown...