News by subject: RLE

On August 6th, 2021, Vesta Capital LLC acquired its 6th property of the year, 23 East Apartments located in East Tulsa. 23 East Apartments is made up of 235 units and was purchased for $14.4 million....

Seagis Property Group announced today that it has acquired a 12,300 square foot distribution facility located at 280 NW 12th Avenue in Pompano Beach, FL (Broward County). The property is 2.5-acres and is fully leased.  The acquisition increases the...

FD Stonewater has completed the acquisition of the Harvey | Harvey-Cleary headquarters, a 55,624-square foot, Class A suburban office building in Houston's Westchase submarket. The headquarters property is 100% leased to Harvey | Harvey-Cleary, a...

"'Please Don't Eat the Daisies'" Home For Sale" The New York home where best-selling author Jean Kerr wrote "Please Don't Eat the Daisies" is for sale at $5.495 million. Kerr and her husband, Walter Kerr, theater critic for The New York Times, raised...

TENTEN Wilshire, a luxury building in downtown Los Angeles that embodies the "Live, Work, Play" under one roof mentality, opens 1027 Wilshire, an expansion to the current building, 1010 Wilshire, which is located just across the street. This...

New Standard Equities (NSE), a Los Angeles-based, full-service multifamily investment and management company, has recently completed disposition of their Pacific Northwest property Atlas Apartment Homes in Port Orchard, WA after successfully...

Los Angeles' pioneering dining and entertainment destination, West Harbor, announces over 65,000 square feet of newly leased space, plus 32,000 square feet of outdoor patio and overwater deck space, with the signing of seven new tenants. This latest...

DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, Florida ? specialized solely in hotels ? announced that Randy Taylor, Investment Associate, and Dennis Hopper, CCIM, Managing Principal of the firm closed on the...

Nitya Capital, LLC, a privately held real estate investment firm, announced today a record transaction volume of approximately $2.2 billion in 2021, resulting in its strongest year to date in the middle of a pandemic and a sluggish economy.  Thus...

EastGroup Properties, Inc.  (the "Company" or "EastGroup") announced today its recent business activity.  On August 26, 2021,...

Lument today announced that it has taken a significant step toward its goal of becoming the foremost provider of affordable housing solutions in the nation with the launch of a dedicated affordable housing investment sales and advisory group. Cliff...

Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced the acquisition of Phase I of America Center (the "Property"), which consists of two...

Kelly Morgan Commercial Group (KMCG) & KW Commercial are pleased to announce the sale of a 57-unit multi-family portfolio located at 8801 & 8759 Tobias Avenue in Panorama City, California.  The sale consisted of two properties, with 22 and 35 units,...

A state-of-the-art U-Haul® moving and self-storage facility is coming to Carlsbad with the Company's recent 6.23-acre land acquisition west of South Canal Street and U.S. Hwy. 62/285....

Christopher Todd Communities, one of the nation's leading innovators in the Build-to-Rent (BTR) housing segment, sold two of their wildly popular Phoenix metro Single-Story Rental Communities with a 5 Star lifestyle experience....

Argent Retail Advisors has executed a 12,000-square-foot lease at Bixby Hacienda Plaza with Emerald Health Services, a local medical tenant that provides healthcare services to adults and senior citizens. Terry Bortnick and Preston Kim of Argent...

Bell Partners Inc., one of the nation's leading apartment investment and management companies, has acquired Lenox Boardwalk, a 339-unit apartment community in Austin, Texas. The property, purchased on behalf of the firm's Bell Core Fund I investors,...

Madison Capital Group, LLC has purchased approximately 14 acres in the Ruskin Submarket in the Tampa MSA. Madison is very bullish given the growth occurring in South Hillsborough and the I-75 Corridor. Madison is also planning a development project...

Prudent Growth Partners, LLC, a Chapel Hill, NC based private equity real estate firm, has completed its $4.53 million acquisition of the South Shades Crest Station shopping center, located at 3421 & 3435 S. Shades Crest Rd., Hoover, AL. Built in...

Paragon Commercial Group LLC ("Paragon") and Canyon Partners Real Estate LLC ("Canyon") today announced the acquisition of Village Center, a 92,386 square foot, multi-tenant retail shopping center in Orange County, California, for $14.8 million. This...

CIT Group Inc.  today announced that its Real Estate Finance business served as sole lead arranger on a $26 million loan for the acquisition of a three-building portfolio of industrial buildings in West Palm Beach, Florida....

An affiliate of Rubenstein Mortgage Capital ("RMC"), a private mortgage lending platform focused on debt investments secured by U.S. transitional office assets, announced an amendment increase to an existing loan secured by 8West, a Class-A office...

The Bascom Group, LLC ("Bascom") has acquired a 405-unit apartment community within the Fort Lauderdale MSA in Florida. The property, Sunny Lake Apartments ("Sunny Lake"), was acquired through a partnership with East Hill Capital's Duff Bedrosian....

Beginning in September, the Franklin County, Pennsylvania Sheriff's Office will begin conducting its sheriff's sales online through real estate auction site Bid4Assets.com. The new online format eliminates COVID-19 concerns by allowing all...

Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") , a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced the...

Beck's is pleased to announce the purchase of the Bayer processing plant in Beaman, Iowa, for the use of soybean production and processing. The fully operational site in Grundy County will provide Beck's with soybean seed processing capabilities and...

In July, Florida's housing market reported higher median prices, more new listings and a rise in all-cash sales compared to a year ago, according to Florida Realtors® latest housing data....

CP Group, a premier owner, operator, and developer of office and mixed-use projects throughout the Southeast and Southwest United States, today announced it has signed a lease with Weaver and Tidwell, L.L.P. ('Weaver') at Five Post Oak Park  in...

Lloyd Jones LLC, a Miami-based real estate investment, development, and management firm, today announced that it has closed on the purchase of a 10.6-acre parcel overlooking Lake Whitney in Port St. Lucie for the development of AVIVA Port St. Lucie,...

Berkshire Hathaway HomeServices Georgia Properties is pleased to announce the sale of 3509 Tanners Mill Road in Gainesville, listed for $15,500,000. Debra Johnston, the exclusive listing agent for the property, is a Luxury Collection Specialist and...

Located at 3000 Eastern Blvd, Middle River, MD, 21220, the newly acquired property features a wide variety of unit sizes - all with drive-up access for large and small vehicles....

Landmark Properties, a vertically integrated student housing developer and owner-operator, has entered into a joint-venture partnership with Blackstone Real Estate Income Trust, Inc. ("BREIT") to recapitalize eight student housing assets totaling...

The Horton Hotel & Rooftop Lounge: Boone, North Carolina's only downtown luxury boutique hotel and lounge, featuring a wildly popular rooftop bar, today changed hands with a reverent and respectful nod to its original visionaries while looking to the...

On behalf of Ownership, Agent PHL / Compass Commercial have formally announced the sale and settlement of 1000 Macdade Boulevard (aka Ventura Apartments) in Delaware County, just outside of Philadelphia, Pennsylvania next to Widener University. The...

Score Media and Gaming Inc. ("theScore" or the "Company") and Menkes Developments Ltd. ("Menkes") together with partner BentallGreenOak announced today that they have entered into an agreement for theScore to lease an 80,000-square-foot space in...

Motivated bidders drove robust results in an online auction of foreclosed assets from a major CBD processor's facility in Cadiz, Kentucky. Tiger Group sold  the processing, lab and material-handling equipment assets, while Tranzon Asset Advisors...

ScanlanKemperBard (SKB) has announced the acquisition of 6150 W. Chandler Blvd, an industrial and flex property situated on over 10 acres of land in Chandler, Arizona. Located along West Chandler Boulevard, the Chandler Business Center is 15 minutes...

Kadestone Capital Corp. ("Kadestone" or the "Company") , a vertically integrated property company, is pleased to announce that Kadestone (Kyle Road) Property Ltd., a subsidiary of Kadestone, has agreed with Union Allied Capital Corp. to sell...

The Garden State Diner, a family owned and operated Diner since 1985, has been sold according to "Diner Bob" Gillis, Bielat Santore & Company, Allenhurst, New Jersey, the sales agent for the transaction. The new proprietor is a local businessman, a...

RCI Hospitality Holdings, Inc. today announced the signing of definitive agreements to acquire The Mansion Gentlemen's Club and Steakhouse of Newburgh, NY, and its real estate....

Legacy Real Estate Development, Domaine and The NHP Foundation ("NHPF"), national not-for-profit providers of affordable housing, announced that they have received funding for the construction of 41 rental apartments at 17 Mississippi Avenue in the...

In April 2021, Triumph purchased Sugarloaf Grove, a 194-unit apartment community built in 2020, located in Lawrenceville, GA. This was an off-market acquisition that Triumph was able to take advantage of due to their ability to move quickly with an...

Trinity Housing Development LLC is pleased to announce the closing of Mesquite Terrace located in central Phoenix, Arizona. This closing between Trinity Housing Development, LLC and Catholic Charities Community Services, Inc ("CCCS"), introduces...

Volumetric Building Companies (VBC), announced today that the company has formally completed the purchase of Katerra, Inc. assets, including the lease and tenant improvement of their state-of-the-art manufacturing facility and offices in Tracy, CA....

Harris Teeter announced today that the company is selling its Hunter Farms dairy processing plant to Maryland & Virginia Milk Producers Cooperative Association, Inc. The sale is expected to close Aug. 30, 2021. Maryland & Virginia Milk Producers...

Township Capital and Epic Investment Services ("Epic"), announce the acquisition of Willowbrook Apartments ("Willowbrook"), located in greater Denver, Colo. This marks the second acquisition in Epic's U.S. Multifamily Fund I ("Fund I") with Township...

A five-story, mixed-use building located on a prominent corner in Park Slope, Brooklyn was sold to a new owner for $4.19 million on July 19. The sale of 223 5th Avenue was secured by Jack Beida in his capacity as part of the investment sales...

Landsea Homes Corporation ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 80 homesites for a new community, Marlowe, in Glendale, Arizona....

Flagship Communities Real Estate Investment Trust ("Flagship" or the "REIT") announced today that it will enter its seventh U.S. state with the acquisition of a manufactured housing community in Springfield, Illinois (the "Acquisition") for a...

Harvest Health & Recreation Inc.  ("Harvest") , a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") ....