News by subject: RLE

Warwick Investment Group has acquired a historic and rare multi-family building at 13/13a North Audley Street in London's Mayfair district. This purchase follows Warwick's recent acquisition of nine single family houses in Belgravia earlier this...

Twain Financial Partners is pleased to announce the financial closing of a historic renovation project in Minneapolis, Minnesota. Twain's participation includes federal and state historic tax credit equity, Commercial-PACE financing, and a...

CWCapital Asset Management LLC ("CWCapital"), a diversified real estate investment firm, today announced the sale of The Milo and Sunrise Springs, two multifamily communities in Las Vegas, to Tides Equities for an aggregate price of $69.5 million....

For the first time, struggling homeowners can find out immediately if they're pre-approved for the new COVID-19 Mortgage Recovery programs released by Fannie Mae, Freddie Mac and FHA by using the Cakeforms Automated Underwriter For Mortgage...

Noble Investment Group ("Noble") today announced the acquisition of the Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol | University, and the Hampton Inn & Suites Tallahassee Capitol | University.  These newly...

It must be the best Christmas present ever!  After a number of years of moving from one temporary home to another, a mother and her two children, have moved into a beautifully refurbished 3-bed house, courtesy of a joint venture between Bromley...

MGM Resorts International ("MGM Resorts" or the "Company") today announced it has reached an agreement to sell the operations of The Mirage Hotel & Casino ("The Mirage") to Hard Rock International ("Hard Rock") for $1.075 billion in cash, subject to...

Recent transactions across the country demonstrate the growing strength of the farm real estate market. That's according to Murray Wise Associates (MWA), which has helped sell approximately 9,560 acres across seven states for more than $84 million...

Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, and Invesco Real Estate, a global real estate investment manager, today announced...

RHP Properties, the nation's largest private owner and operator of manufactured home communities, has announced the acquisition of Holiday Park I and Holiday Park II, both located in Stevens Point, Wisconsin. This expands the company's manufactured...

CWCapital Asset Management ("CWCapital") and co-sponsors Advantage Properties and Cove Property Management (collectively, "APC") today announce their partnership to acquire River Oaks Village, a 190-unit, Class A apartment community in North Myrtle...

Ready Capital Corporation ("Ready Capital" or the "Company") today announced the closing for the acquisition, renovation, and stabilization of a five-property, 1,070-unit, garden style, multifamily portfolio located across multiple submarkets of the...

Canadian Urban Limited is pleased to announce the finalization of a new lease with Amazon Canada Fulfillment Services, ULC ("Amazon"). The more than 100,000 square foot facility is located in the Hawthorne Industrial...

Brennan Investment Group ("Brennan"), a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, in partnership with Arch Street Capital Advisors ("Arch"), acting on behalf of a...

Prefix Corporation is a Michigan-based organization serving multiple industries, providing design and engineering services, concept vehicle creation, prototypes, low volume paint and assembly programs, and contract manufacturing. "We've been...

Seagis Property Group announced today that it has acquired a 10-acre industrial property located at 1700 Eller Drive in Hollywood, FL (Broward County). Seagis plans to build a 199,615 SF warehouse building that is 36' clear with 32 dock doors, 172...

Monument Marine Group purchased the new portfolio of marinas on December 2, 2021 with plans to improve the portfolio's product offering and enhance the customer experience. MMG has selected Oasis Marinas as their premier operational management...

BlackSand Capital (BlackSand), a locally owned and managed Hawai'i specialist real estate investment firm, completed the purchase of the Royal Lahaina Resort on Maui from Pleasant Travel Service on Dec. 9. The terms of the sale, including financial...

OTO Development has acquired Dunes Manor Hotel, Court & Suites in Ocean City, Maryland. The deal adds a long-popular resort complex to the hotelier's growing beachfront portfolio. Headquartered in Spartanburg, South Carolina, OTO Development is part...

A major auction of land on Virginia's Smith Mountain Lake resulted in the sale of all the land for a total of $17,020,500. The December 2 auction, which consisted of 37 parcels in Franklin County, was conducted by Woltz & Associates, Murray Wise...

City Office REIT, Inc. ("City Office" or the "Company") announced today that it has closed the acquisition of The Terraces, a premier office building in a top submarket of Dallas, Texas, for a gross purchase price of $133.5 million, exclusive of...

Staley Point Capital ("Staley Point"), a value-add investor focused on industrial properties in Southern California,  today announced the acquisition of 12450 Foothill Blvd., a 103,000 square-foot industrial property in the Northern Los Angeles...

Today, Lincoln Avenue Capital (LAC), a mission-driven affordable housing company, announced the acquisition of a 569-unit affordable housing property in Alexandria, VA with financing from the Amazon Housing Equity Fund and Fannie Mae, provided by...

First National Realty Partners (FNRP) is pleased to announce the acquisition of Premier Canton, a grocery-anchored shopping center located at 45540 Michigan Avenue, Canton, MI 48188. Premier Canton is a 164,781 SF shopping center that is 88% occupied...

Tom McManus, president and CEO of Lily Funds is excited to announce the approval of sale of 17 acres of land along Las Vegas' Resort Corridor. The land will be sold for $60 million dollars to the Clark County Department of Aviation after an agenda...

Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, today announced the acquisition of the Gateway at Lake Jackson (Gateway) housing...

Jair Lynch Real Estate Partners, a leading owner and developer of mixed-use properties and attainable housing in the DC metro area, announced this week the acquisition of the 288-unit, high-rise Plaza Towers located in Hyattsville, Maryland. Jair...

Hodges Ward Elliott ("HWE"), the premier boutique real estate capital markets advisor, announced they represented the seller in the recent sale of Hotel Bella Grace, a renowned boutique hotel occupying an irreplaceable location fronting Calhoun...

Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, has announced its acquisition of 16 acres of land at 5710 Cane Run Road in Louisville, KY.  The...

The Drew Company - a Boston-based, privately held, real estate development and management company ? recently closed with Rockland Trust Bank on a $27.6 million construction loan for the residential real estate project, SkySail at Driftway. SkySail at...

Ashcroft Capital, a fully integrated multifamily investment firm, today announced the acquisition of Elliot Pioneer (formerly Monterra Pointe), a garden-style community located almost exactly halfway between Fort Worth and Dallas in Arlington....

Affiliates of Covington Group, Inc., a privately-held commercial real estate company focused on industrial investment and development in select U.S. markets, along with an institutional capital partner, recently finalized the acquisition of a...

Prudent Growth Partners, LLC, a Chapel Hill, NC based private equity real estate firm, has completed its $5.5 million acquisition of the Shops of Schillinger shopping center, located at 740-790 S Schillinger Rd., Mobile, AL. Built in 2003, the...

ScanlanKemperBard (SKB) has announced a joint venture with Independencia to acquire 1341 and 1340 N. Northlake Way, a four-story, multi-tenant, creative office/industrial building and single-story warehouse building. Both buildings sit on 1.93 acres...

Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. , is pleased to announce that it recently purchased and closed on land for 134 future homesites in Tavares.The land is set to become a new Lake County community, Seasons at...

Corporación Inmobiliaria Vesta, S.A.B. de C.V. ("Vesta") (BMV: VESTA), one of Mexico's leading pure play industrial real estate developers, today announced the fulfillment of conditions and successful completion of the sale of a portfolio ("the...

Lument recently announced the closing of a $13.8 million proprietary bridge loan to facilitate the acquisition and renovation of Covenant Crossing, a 110-unit garden-style multifamily community in Nashville, Tennessee. Managing Director Colin Cross...

Paragon Commercial Group LLC ("Paragon") and Canyon Partners Real Estate LLC ("Canyon") today announced the acquisition of Washington Square, a 215,761 square foot, multi-tenant grocery-anchored retail shopping center in Sonoma County, California....

Legacy Capital Partners ("Legacy"), a Cleveland, OH-based national real estate investment firm and DB Capital Management ("DB"), a Los Angeles, CA-based real estate owner and operator, have acquired Summit at Salado Creek, a 1997-vintage, 352-unit...

Cohen Investment Group, a commercial real estate investment company based in Norfolk, VA, has acquired Castleton Commerce Center, a 390,380-square-foot self-storage and flex-storage complex at 2424 Castleton Commerce Way in Virginia Beach, VA. David...

The Hoffman Company, a leader in the land brokerage industry based in Irvine, closed the sale of 26-acres envisioned for a build-to-rent townhome community in Southwest Riverside County, California. Developer Sancerra Communities and STG Capital...

Safehold Inc. , the creator and leader of the modern ground lease industry, announced today that it has closed its 100th ground lease, bringing its aggregate portfolio to approximately $4.5 billion. "Closing our 100th ground lease marks a...

Westland Investors announced today the purchase of Terra Verde Apartments, together in an investment partnership with CREC, a private equity real estate firm headquartered in Columbus, Ohio. The two investment groups will rebrand the upgraded...

Alliant Capital is pleased to announce the closing of its $82 million investment in Lawson House, a historic 24-story Art Deco building in the Near North neighborhood of Chicago. Holsten Real Estate Development Corporation, a Chicago-based developer,...

JLL Income Property Trust, an institutionally managed daily NAV REIT with $5.5 billion in portfolio assets, today announced the acquisition of Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly...

Vive Funds, led by Veena Jetti, is pleased to announce the successful acquisition of Waterstone on November 24, 2021. The property is a stellar and high-performing 296-unit multifamily property in the metropolis of an elite Atlanta submarket. The...

Prudent Growth Partners, LLC, a Chapel Hill, NC based private equity real estate firm, recently completed its $5.1 million acquisition of the Walnut Creek Plaza shopping center, located at 1456 Gray Highway, Macon, GA 31211. Built in 2000, the 36,000...

Leading commercial real estate firms Sunrise Capital and Zane Holdings announced the joint acquisition of Royal Sienna Apartments located in Missouri City, Texas. The teams are led by David Davidenko and Julia Bykhovskaia at Sunrise Capital and Iqbal...

Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has acquired 1,463 acres of land in the city of Calimesa, CA, part of Riverside County....

Lument has announced the closing of a $11.3 million proprietary bridge loan to acquire and renovate Cove on Bruce Apartments, a 76-unit garden-style community in Clearfield, Utah, near Salt Lake City. Ted Nasca, managing director, led the transaction...