News by subject: RLE

Swift Real Estate Partners ("Swift"), a San Francisco based real estate investment manager and operating company, announced today, the successful purchase of 1111 Broadway in Oakland, CA. 1111 Broadway Acquisition in Oakland1111 Broadway is a...

TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of Airport Technology Center in Phoenix, AZ for $24,600,000. Airport Technology Center consists of two 2-story Class...

San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 204-unit 45Eighty Dunwoody Apartment Homes in Dunwoody, Georgia. HZ purchased the property from FPA Multifamily, LLC, who was represented by Cushman & Wakefield. The purchase...

JLL announced today that its Capital Markets group has closed the $766 million sale of a 12-property office portfolio totaling 2.3 million square feet in the Washington, D.C. metropolitan area. JLL represented the seller, WashREIT, accelerating...

A series of movie style trailers and short film clips released worldwide will provide never before seen insights into the history, facilities, and operational aspects of one of the greatest, private ranches in the southern plains area of Texas, New...

Nashville-based TKC (The Kirkland Company) brokered the sale of the Overlook at Farragut apartment complex earlier this week. The sale price of $61,677,000 to New York-based Valor Residential makes the deal the highest price per unit ($231,000) sale...

Miami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, closed on a Walgreens portfolio for $133 million on June 3, 2021. The portfolio encompasses 27 locations throughout the country. Limestone Asset Management...

Staley Point Capital ("Staley Point"), a value-add investor focused on infill industrial properties, today announced the acquisition of 888 Crowther Ave, a 58,000 square-foot, industrial property in the North County submarket of Orange County,...

Florida's housing market continued to show strong gains in 2Q 2021, with more closed sales, rising median prices and more new listings compared to 2Q 2020, according to the latest housing data from Florida Realtors®. Florida's lockdown order due to...

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of Livingston Apartment Flats, a Class A, 307-unit multifamily community in the...

Conor Commercial Real Estate is pleased to announce the sale of North Avenue Commerce Center. Located in Winfield, Illinois, the recently developed industrial building offers 265,550 square feet of Class A space. At the time of sale, the development...

For nearly 30 years the estate has been owned by Anne Cointreau, whose family has produced wine, champagne and spirits in France since 1272. Her great grandfather Adolphe created the famous orange liqueur that carries the family name, and her...

MRA Capital Partners, a boutique real estate investment company, announced today the relocation of its corporate headquarters from New Jersey to Tampa, Florida.  After founder and CEO?Adam Anderson?relocated out of state for several years, he decided...

Revolve Capital, a private equity firm that focuses on purchasing, managing, and selling distressed real estate notes, has announced the purchase of a $29.3M 1st lien non-performing residential mortgage portfolio. The portfolio was acquired from a...

West Shore LLC, a multifamily real estate investment firm, has achieved a portfolio milestone of owning and operating more than 10,000 units, and continues to expand with the acquisition of Parkside at East Village, a brand-new Class A community near...

Bluestone Properties is a vertically integrated private real-estate company that owns and manages stabilized high-quality multifamily assets in high growth secondary markets. The firm's newest additions are Vintage at the Avenue, in Murfreesboro, TN,...

JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $4.5 billion in portfolio assets, today announced it has acquired an approximately 47 percent interest in a stabilized, core, geographically diverse single-family...

Cresset Real Estate Partners and Clarius Partners have closed on the land acquisition for 303 Crossroads, a 1,758,410 square foot logistics development in Glendale, Arizona....

First Capital Real Estate Investment Trust ("First Capital" or the "Trust") announced today that it has entered into agreements to sell interests in two income producing properties and a partial stake in its soon to be completed Station Place...

Pacific Oak Strategic Opportunity REIT, Inc. announced today the completed sale of City Tower, a 435,000-square-foot Class A office tower in Orange to Opal Holdings, a New York-based real estate investment firm. The $150.5 million transaction sets...

Uber announced today that it has signed a new lease for office space at 3 MiamiCentral in downtown Miami. The move, slated for January 2022, represents Uber's commitment to the fast-growing market, its outlook for local business development and...

Dalfen Industrial announced the purchase of a 2-building, 572,800 square foot, Class A industrial portfolio in I-78/I-81 corridor of Pennsylvania. The Central PA submarket is the largest in the I-78/I-81 corridor and features some of the best labor...

Spruce, the proptech company powering online real estate transactions, today announced the appointment of three senior-level hires across its data science, title, and sales functions. Following the recent news of Spruce's $60M Series C funding round,...

CleanSpark, Inc. (the "Company" or "CleanSpark"), a clean Bitcoin mining and diversified software and services company, today announced that it has closed on its acquisition of an additional nearly 87,000 square foot data center in Norcross,...

Elise Capital, a hotel real estate investment firm, announced the recent closing of its first hotel acquisition. The Hampton Inn by Hilton Douglas is located at 1604 S. Peterson Avenue in Douglas, Georgia. The property offers 61 guestrooms and...

IRA Capital ("IRA"), a Southern-California based private equity firm and one of the largest private buyers of healthcare real estate in the United States, has completed the sale of a medical office and life science portfolio to Nuveen Real Estate for...

The Storage Acquisition Group (TSAG) is pleased to announce the following closings: Ziff Tallahassee Storage LLC, The facility located at 2428 North Monroe Street, Tallahassee, FL. Tallahassee Storage, operating as a CubeSmart, offers 54,171 net...

iAM Capital Group, a global alternative investment company, announced today that its recently launched Italian investment fund, iAM Capital Italia 1 (The Fund), has completed the acquisition of a premier real estate portfolio comprising 22,357sqm in...

Soneil Investments has purchased two industrial assets for $120 million in the eastern portion of the Greater Toronto Area. The two properties, acquired separately, are located at 1160-1170 Birchmount Rd. in Toronto, ON and 202 South Blair St. in...

Kelly Morgan Commercial Group (KMCG) & KW Commercial are pleased to announce the sale of a 95 Unit Portfolio located in Winnetka, California. The properties located at 19916 - 19926 - 19950 Roscoe Blvd consisted of three multifamily properties on the...

1031 Capital Solutions, a financial services firm located in Lake Oswego outside Portland, Oregon, is pleased to announce that its 1031-exchange clients invested $8.1 million of exchange equity into $15.4 million of real estate in the month of July....

Nam Tai Property Inc. ("Nam Tai" or the "Company") today is pleased to announce that the Company (through its subsidiary) obtained the pre-sale permits for towers 1, 2 and 6 of Nam Tai ? Longxi on July 30, 2021. The Company commenced the pre-sale of...

MESA, Colo., Aug. 5, 2021 /PRNewswire-HISPANIC PR WIRE/ Cookie Lockhart, the first woman inductee into the National Auctioneers Association Hall Of Fame, will Auction a Luxurious Mansion, 215± Acres, Guest House, Separate Entertainment Structure in...

Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") today announced that it has completed the acquisition of the 138-room Mr. C Beverly Hills Hotel in Los Angeles, California (the "Mr. C" or the "Property"), previously announced on June 1,...

For nearly 30 years the lakeside tavern more commonly known as Lory's Lakeside had been owned and operated by its sole proprietor, Todd Lory. In December of 2019, Mr Lory passed away suddenly, and afterward, the property and business were being...

Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has acquired the ground lease on 7.25 acres of land in La Mirada, California, directly adjacent to...

Southeast Property Group, an affiliate of 47 Capital Management, led by its Principles Joe Rubin and Richard Shuster, recently closed on a 5-property multifamily portfolio consisting of 114 total units in Pinellas Park and Seminole, Florida, located...

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the $32 million sale of Galeria del Rio, a 101-unit townhome community in Tucson, Arizona. The property was...

GemCap closed five loan facilities in July spanning a wide-range of industries.  "While other lenders were on vacation, GemCap focused on business, closing more than a facility per week," said Richard Ellis, Co-President. David Ellis, also...

Prudent Growth Partners, LLC, a Chapel Hill, NC based private equity real estate firm, has completed its $3.69 million acquisition of a 28,000 square foot office building located at 4160 Piedmont Parkway in Greensboro, NC. The building, 100% occupied...

ACMOS on Chrystie LLC announced today that sales have launched at 175 Chrystie Street, a new boutique condominium building designed inside and out by New York-based architecture firm ODA. The new building features 13 unique residences made up of a...

On July 16th, 2021, Vesta Capital grew their portfolio by four Oklahoma City properties, Esplanade by the Lake, Mansion West, Salem West, and Wedgewood Village, totaling 550 units....

CGI Merchant Group, LLP (CGI) ?  a global investment management firm with a focus on real estate and private equity ? today announced its purchase of the hotel complex formerly known as The Celino South Beach. Located at 640 Ocean Drive, the property...

JJ Bliss of BD Capital recently closed $8,264,000 of construction financing for a $10,000,000 total project cost, 70 unit Multifamily development on 5 acres in Kenosha, WI. The project is being developed by experience developers and includes the...

Mortar Group, a New York-based Real-Estate Development Firm, announced that it has closed on the acquisition of a new site at 11-32 31st Avenue, in the rapidly growing Queens waterfront district of Hallett's Cove. Located at Astoria, New York -...

JMA Ventures, LLC announced the recent closing of two opportunistic investments, further strengthening its efforts to build its equity and credit-based investment strategies in the hospitality and leisure space as well as expand its geographic...

MG Properties Group, a private San Diego-based real estate investor and operator, is expanding its presence in the larger Reno/Sparks metro with the acquisition of Parq Crossing Apartments. MG Properties Group purchased the property off-market...

Apartment Lease-Up Experts (www.apartmentleaseupexperts.com) announced today that it brokered the $42,850,000 sale of The Meyers Group multifamily development, Avery Pompano Beach, to Canada-based Frankforter Group. Completed in 2019, the...

Funding has been secured to acquire and begin the improvement of The Life at Sterling Woods (formerly known as Villas on Winkler) complex into a 234-unit senior/ affordable multifamily apartment community in Houston, Texas. The project is being...

The Storage Acquisition Group (TSAG) is pleased to announce the following closings: Buncombe Storage in Greenville, SC. The facility is located at 1900 Old Buncombe Road. Buncombe Storage, operating as a CubeSmart, offers 68,042 net rentable square...