News by subject: RLE

ECI Group has announced the sale of two apartment communities, The Columns at Sweetwater Creek with 270 units in Lithia Springs, GA and The Columns at Peachtree Corners with 304 units in Norcross, GA for a total of $124.75 million.   "Unique market...

Throughout 2021, Tzadik Properties, LLC, an industry-leading, multifamily property management company, sold 20 properties in the Orlando, Tampa, Sarasota, Winter Haven, Jacksonville, Lakeland, Mount Dora, Eustis and Daytona Beach areas. The...

Southeast Property Group ("SEPG"), an affiliate of 47 Capital Management, led by its Principles Richard Shuster and Joe Rubin, recently closed on a 92-unit multifamily property in Pinellas Park, FL located in Pinellas County. The property was...

DF Ventures, a business unit of Drucker + Falk (DF), one of the nation's most prominent multifamily management companies, acquired Sommerset Place Apartments in Raleigh, NC for $26.7MM in November 2021. A garden-style community built in 1983,...

Landsea Homes Corporation ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 122 additional homesites at The Villages at North Copper Canyon in Surprise, Arizona....

Armada Venture Partners, a local boutique commercial real estate investment and development company, announced it has purchased a 46,000 square-foot warehouse in Park Hill. The vacant Denver warehouse, located at 3939 Kearney Street, will be...

Leading commercial real estate firms Goodegg Investments and Mesos Capital are pleased to announce the joint acquisition of Waterleaf at Leland ? a 248-unit class-A apartment community located in Leland, North Carolina. The teams are led by Julie Lam...

SmartStop Asset Management ("SmartStop") affiliate Strategic 1031 Properties announced today the sale of the Class A student housing property, YOUnion@Reno, located in Reno, Nevada. SmartStop, through its subsidiary that serves as asset manager,...

Los Angeles-based Orion Real Estate Partners ("Orion") announced today that it has acquired The Timbers, a garden-style apartment community in San Marcos, Texas. Orion purchased the 155-unit apartment community from The Jacobson Company who owned it...

Walker & Dunlop, Inc.  announced today that it completed the $226,500,000 sale of EON Squared, a 476-unit, luxury, high-rise apartment complex developed by Alta Developers. The property is located in the heart of Flagler Village, one of South...

The Bascom Group, LLC ("Bascom") has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor ("Enclave"), was acquired for $68,500,000 or $214,063 per unit through a partnership with East Hill...

Luster Products, an African-American family owned consumer products company announced the conclusion of a highly successful turnaround featuring robust profitability with enterprise value up 165%, a return to growth and closing on financing to...

First National Realty Partners (FNRP) is pleased to announce the acquisition of Westwood Shopping Center, a grocery-anchored shopping center located at 400 Westwood Shopping Center, Fayetteville, NC 28314. Westwood Shopping Center is a 307,456 SF...

First National Realty Partners (FNRP) is pleased to announce the acquisition of Summerdale Plaza, a retail shopping center located at 429 N Enola Road, Enola (Harrisburg), PA 17025. Summerdale Plaza is a 141,451 SF shopping center that is 85%...

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced today the acquisition of a recently constructed, Class A, 200-unit multifamily community in...

Indio Management, a Dallas leader in property management solutions, has accepted a new management assignment for a three-property deal with ZMR Capital, an investment firm focused on targeting strategic, value-add acquisition opportunities in...

The Bascom Group, LLC ("Bascom") has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase in an off-market transaction, purchasing the 200-unit garden style property for $40,500,000 or $202,500 per...

Greenidge Generation Holdings Inc. ("Greenidge") today announced that it completed the previously announced purchase of a former industrial site in Spartanburg, SC in early December. Consistent with its previously announced expectations, Greenidge...

The latest, but not last acquisition of 2021 by MultiVersity Housing Partners ("MVHP") is the acquisition of The Orchard Columbia. The Orchard Columbia is an 84-unit, 308-bed student housing property located less than one mile from The University of...

Middleburg Communities, a Vienna, Virginia-based real estate investment, development and management firm announces the $76.03 million sale of Mosby Carolina Forest, a 332-unit Class A apartment community at 915 Brentmoor Drive in Myrtle Beach, SC....

Westport Properties, a premier owner/operator of self storage and multifamily properties nationally, announced that it has sold Park 67, a 160 unit multifamily community in Glendale, Arizona under the entity Vertex Glendale, LLC to an undisclosed...

On November 30, Merit Commercial Real Estate closed on the acquisition of University Park Tech Center I & II, a two-building office project containing approximately 200,000 square feet. Clarion Partners, a New York-based real estate investor was the...

Castellum is divesting Högkvarteret 1 and 2 in Helsingborg to Intea. The sale price is SEK 2.4 billion less overheads and deferred tax totalling approximately MSEK 120. The sale resulted in an impairment of goodwill of approximately MSEK 120 and...

Bloomfield Capital announced the closing of a $6.7 million senior bridge loan on three industrial manufacturing buildings located in Macomb County, MI. The buildings are owner-occupied and serve as the headquarters and manufacturing facilities for...

Jordan's Minister of Investment, His Excellency Khairy Amr, received Nobles Group Chairman Omar Ayesh at the ministry's headquarters to discuss the company's commitment to the property market. Ayesh discussed residential and commercial projects in...

ECI Group (ECI) has closed on a development site at the intersection of Courtesy Parkway and Old Covington Highway in Conyers, GA and will start construction in January 2022 on a 300-unit apartment community, The Corwyn at Conyers, in the rapidly...

Walker & Dunlop, Inc. announced today that it arranged $26,298,388 in financing for Seneca at Southern Highlands, a 50-unit, luxury build-for-rent (BFR) community to be constructed in Las Vegas, Nevada. The first home will be delivered in September...

Castellum is divesting Högkvarteret 1 and 2 in Helsingborg to Intea. The sale price is SEK 2.4 billion less overheads and deferred tax totalling approximately MSEK 120. The sale resulted in an impairment of goodwill of approximately MSEK 120 and...

BTB Real Estate Investment Trust ("BTB" or the "REIT") announces the sale of a retail property located at 2340 Lapinière in Brossard, Québec. Located on the South Shore of Montréal, the property was acquired by BTB in October 2007 for a total...

Cousins Properties announced today two strategic transactions in Downtown Austin.  Cousins sold 816 Congress, a 435,000 square foot office building, for a gross sales price of $174 million.  816 Congress was built in 1983 and is currently 78%...

A fund managed by the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs), along with Lincoln Harris and Honeywell International Inc., today announced they have sold the 374,000-square-foot Honeywell Global Corporate...

Avino Silver & Gold Mines Ltd.  , "Avino" or "the Company") is pleased to announce the filing of the mineral resource estimate (the "Report") addressed to the Company on the La Preciosa project located near Durango in west-central Mexico (the "La...

Liquidating a dairy operation today calls for close attention to logistics and a sound understanding of land, livestock and machinery. Schrader Real Estate and Auction Company faced such a challenge recently in the multi-part auction of Bollant...

BDP Holdings, a New Jersey-based real estate investment company, announced today the acquisition of the Belcan headquarters building in the Cincinnati suburb of Blue Ash, Ohio....

Funds managed and controlled by Starwood Capital Group, through a JV with operating partner CELLS Group, have sold two Hamburg office properties, Sachsenkamp and Kieler Park, with a total rental area of 22,900 sqm on December 1, 2021. The parties...

Newmark1 announced the sale of DreamWorks, a 14.7-acre headquarters campus in Glendale, California. The seven building, 497,403-square-foot creative office campus is 100% leased to DreamWorks Animation, a wholly owned subsidiary of Comcast...

Arizona Land Consulting, the Valley's leading, female-owned land consulting firm, announced today the closing of a 67-acre property near the Buckeye KOREPlex facility. The $8.3 million deal was the next step in creating what is known as the...

NewStar Asset Management ("NewStar"), on behalf of Preferred Apartment Communities, Inc. ("APTS"), announced today the execution of a new, 15-year lease with Hapag-Lloyd, an international shipping and container transportation company, for 127,115...

Blue Ocean, a real estate investment and asset management first headquartered in Reisterstown, Maryland, through affiliate entity, Panther Real Estate LLC., successfully closed on the acquisition of 'The Panther' ? the former North Carroll County...

Cousins Properties announced today that it has signed two leases for a total of 95,000 square feet at its 100 Mill office development in Downtown Tempe.  This brings the development to 80% pre-leased ahead of its delivery in the first half of 2022....

Farmland Partners Inc. (the "Company" or "FPI") and Ducks Unlimited ("DU") last week completed the second stage of a three-part conservation transaction for an approximate total of 1,268 acres adjacent to the Great Dismal Swamp National Wildlife...

Cousins Properties announced today that it has signed a 330,000 square foot lease with Amazon to occupy 100% of its Domain 9 development in Austin.  Amazon employs more than 3,000 people in Austin and currently leases space at several other Cousins...

Machine Investment Group ("Machine") has acquired a portfolio of net-leased Jiffy Lube service centers in the San Francisco Bay Area. Machine partnered on the deal with The Cogent Group, purchasing the portfolio from a private owner. The Jiffy Lube...

MWest Holdings, a Los Angeles-based real estate investment company with over 2.5 million square feet of residential and commercial property across the U.S., announced the sale of Wilshire Royale Apartments, a 193-unit 12-story property located...

Tempus Realty Partners, an Arkansas-based real estate investment partnership, announced the sale of five properties. The sale...

Embrey Partners, LLC has closed on its land purchase for a 297-unit multifamily residential community located in Gallatin, Tennessee....

MedCore Partners announced today that it has successfully brokered the sale of Texas Health Professional Building II to an institutional buyer for an undisclosed purchase price. This state-of-the art, two-story office building, constructed in 2019,...

Chase Properties, a Beachwood, Ohio-based owner and operator of shopping centers, announces the acquisition of two shopping centers, Grandville Marketplace in Grandville, Michigan and Montclair on Center in Omaha, Nebraska. The two acquisitions...

Seagis Property Group announced today that it has acquired a 19,100 square foot industrial building with an adjoining 10,300 square foot parking lot. The property is located at 2500 Waterbury Avenue at the corner of Waterbury Avenue and Seabury...

Castlelake, L.P. ("Castlelake"), a global alternative investment manager with 16 years of experience investing in asset-rich opportunities, today announced it has completed the sale of a portfolio comprised of 2,200 residential lots and municipal...