News by subject: RLE

Ivanhoé Cambridge and Hines, with CIBC as Administrative Agent and Green Structuring Agent, as well as Desjardins Capital Markets and HSBC Bank Canada as co-leads, announce the financing of the construction of 141 Bay, phase II of CIBC SQUARE, with a...

Pegasus Investments Real Estate Advisory Inc. ("Pegasus"), in cooperation with Bennett Realty & Development LLC, is pleased to announce the recently completed sale of a newly constructed, Starbucks Drive-Thru-anchored retail center located in Dothan,...

Newmark¹ announces that it has closed an acquisition and construction loan for 111 Wall Street, New York, on behalf of Nightingale Properties ("Nightingale") and Wafra Capital Partners ("WCP"). The frequent institutional joint venture partners will...

The Michaels Organization, in partnership with Artemis Real Estate Partners, announced today that it has achieved a financial closing and is set to break ground on 3820 Chiles, a new 225 unit market-rate multifamily community to be built along Chiles...

Dalfen Industrial closed a Northern California acquisition with the purchase of Pock Lane Logistics Center at 4212 Pock Lane in Stockton, CA. The 55,200 square foot building was built in 1995 and is 100% occupied by KMM Corp....

Embrace Home Loans, a top-ranked national mortgage lender, is opening a new retail branch office in Newport, Rhode Island. Dawn Ryan, one of the company's top loan producers, will head the new office as branch manager. She will lead a team of loan...

ECI Group announces the acquisition of Mosaic at Oak Creek Apartments, a 273-unit community with 7,354 square feet of retail in Bonita Springs, FL. The development was completed in 2020 by Mosaic Development. Financing for ECI was provided by...

Carter Funds, a fully-integrated real estate investment firm, today announced the sale of two garden-style multifamily properties, The Oaks on Monument located at 401 Monument Rd., and Laurel Pointe located at 3000 Coronet Ln. in Jacksonville,...

Mack-Cali Realty Corporation today announces the $84 million sale of River Centre, a 639,490 square foot office portfolio in Red Bank, New Jersey to First Mile Properties, the suburban affiliate of Crown Acquisitions of New York. River Centre is...

NorthWest Healthcare Properties Real Estate Investment Trust ("NorthWest" or the "REIT") announced today a public offering, on a "bought deal" basis, of 13,900,000 trust units (the "Units") at a price of $12.60 per Unit (the "Offering Price")...

Padlock Partners UK Fund II (the "Trust") announced today that it has successfully completed the previously announced acquisition of a self-storage property located in the United Kingdom for an aggregate purchase price of approximately £5,125,000...

Keystone Mortgage Corporation, nationally recognized as a highly trusted advisor for commercial real estate financing solutions, has arranged a $21.3mm refinancing for SALT Oceanside, a Class- A modern luxury, apartment community in Oceanside, San...

Ryerson Holding Corporation , a leading value-added processor and distributor of industrial metals, announced today that it has closed a purchase and sale agreement, pursuant to which Ryerson sold properties located in Delaware, Florida, Kentucky,...

Scarlett Hotel Group (SHG) announced today that the company has purchased the former Wyndham San Antonio River Walk, located at 111 East Pecan Street in San Antonio, as part of a joint venture with Trailbreak Partners. The new owners have closed the...

The Housing Authority of the City of Camden (HACC), along with its co-applicant, the City of Camden, has been awarded $35 million in Choice Neighborhood Implementation (CNI) funding for the transformation of Ablett Village, an obsolete public housing...

Greystar Europe Investment Management B.V. (the "Manager") closed ?725 million in equity commitments into its flagship pan-European value-add discretionary vehicle. The vehicle received equity commitments from a diverse group of global institutional...

Walker & Dunlop, Inc. announced today that it structured $12,195,000 in financing for the Townhomes at Two Rivers, a green certified multifamily property located in Lowell, Michigan, a city within the Grand Rapids metropolitan area....

- Tembo is a new family finance platform, looking to close the vast generational wealth gap in the UK. - Its first product provides an innovative solution to help home buyers get on the housing ladder by increasing the size of deposits by leveraging...

Walker & Dunlop, Inc. announced today that it completed the sale of Indigo Station on behalf of Ram Realty Advisors to Cortland. The transaction represents the first time that the property has changed hands since its development in 2019....

JLL Income Property Trust, an institutionally managed daily NAV REIT , with more than $3.7 billion in portfolio assets and 86 properties, announced the sale of a three-building industrial warehouse portfolio located in South Seattle. South Seattle...

Pembrook Capital Management LLC ("Pembrook"), one of the nation's leading bridge lenders for affordable housing, provided a $9.3 million preferred equity investment to acquire and renovate Harborside Suites, a 158-unit complex located at 536 Bahia...

The W.L. Weller building at 121 West Main Street on Louisville's historic Whiskey Row was purchased this week by Colorado-based bar and entertainment company, The Numbers Holding Company, LLC. The iconic building will be home to Number Fifteen, a...

Atlanta-based Blue River Development, LLC (BRD) sold 62 acres of land to Pulte Homes for a development on Lake Dow Road in McDonough, Georgia. BRD donated 2.07 acres of the development to New Creation Christian Academy. "Blue River Development, LLC...

MWest Holdings, a Los Angeles-based real estate and investment firm with over 2.5 million square feet of residential and commercial property across the U.S., today announced its first deal in the Portland metropolitan area and the state of Oregon,...

Lithia Motors & Driveway announced today the acquisition of two locations in Van Nuys, California, serving the greater Los Angeles area. BMW of Sherman Oaks and Acura of Sherman Oaks are expected to generate combined annualized revenues of $185...

Summit Hotel Properties, Inc. (the "Company") today announced that it has entered into a definitive agreement to acquire the 110-guestroom Residence Inn by Marriott Steamboat Springs for $33.0 million through its joint venture with GIC.  Opened in...

Healthpeak Properties, Inc. announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire Callan Ridge densification project located in the Torrey Pines submarket of San Diego. The lease is expected to commence...

Federal Realty Investment Trust has acquired Grossmont Shopping Center in greater San Diego, California and Chesterbrook Shopping Center in McLean, Virginia and has entered into a binding contract to acquire Camelback Colonnade and Hilton Village in...

Broad Street Realty, Inc. , a fully integrated and self-managed publicly owned real estate company, continued its previously announced series of mergers by completing the mergers involving the 57,513 square foot Highlandtown Shopping Center in...

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

Bell Partners Inc., one of the nation's leading apartment investment and management companies, has acquired Lenox Springs and Lenox Meadows, two adjacent properties in Austin, Texas, comprising a combined 619 units. The properties, acquired on behalf...

SVN® | The Masiello Group is pleased to announce and welcome Erik Urbanek and The Urbanek Group to the team. The team, located in the Greater Portland, ME area will expand the companies reach in the Southern Maine market.   Before joining SVN® | The...

Cazador Investments, LLC (Cazador), a California-based private equity real estate investor and operator, has closed on three multifamily acquisitions across the western states of California and Utah over the last six months....

?  Redfin (www.redfin.com), the technology-powered real estate brokerage, announced the amount it has saved its brokerage customers has now exceeded $1 billion. Since 2006, Redfin has been saving customers money by charging sellers a low listing fee...

LAS VEGAS, June 2, 2021 /PRNewswire/ -- Switch, Inc. ("Switch"), the exascale technology infrastructure corporation, today announced the primary location of its Fifth Prime data center campus in Texas. The land purchase agreement with Dell...

TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of Versol Apartments for $70.35 million. Ideally located in Bonita Springs, the 240-unit property was built in 2020...

Fusion Pharmaceuticals Inc. , a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines, today announced it entered a 15-year lease agreement with Hamilton, Ontario-based McMaster University...

True North Commercial Real Estate Investment Trust (the "REIT") is pleased to announce it has completed the sale of a 40,000 square foot office property located at 5900 Explorer Drive, Mississauga, Ontario (the "GTA Property") for the sale price of...

Hilco Redevelopment Partners (HRP), a unit of Hilco Global, announced today the purchase of an industrial development site located at 11002 Northwest S. River Drive in Medley, FL. The 8.5-acre property is part of a larger 25-acre Superfund site which...

Mohr Capital, a Dallas-based privately held real estate investment firm, has sold MetCenter Building III, a last-mile distribution facility occupied by Amazon in Austin, to Four Springs Capital Trust in an off-market transaction....

Farmland Partners Inc. (the "Company") today announced that it purchased 8,349 acres of cropland in Southern Louisiana for total consideration of $26.8 million. This highly improved property consists of 5,943 tillable acres, with a rich history of...

EmeritusDX, a rapidly growing cancer diagnostics company, today announced their expansion plans in their quest to be the most trusted partner within cancer diagnostics. The plan includes the occupation of a state-of the-art laboratory which...

On March 28th, two days after owner Mike Simko signed a contract to sell his restaurant located at 1311 Highway 35, Neptune, Monmouth County, New Jersey, "straight-line winds" of around 70 mph ripped through his neighborhood leaving scattered debris,...

Thompson Thrift Retail Group (TTRG), a wholly-owned company of Indianapolis-based Thompson Thrift, announced today the sale of an 11,000-square-foot multi-tenant building in Concord to a private buyer from California....

A rare opportunity awaits one charmed home buyer as Hillside Hollow heads to auction. Originally once part of the Valhalla Estate in Pennsylvania, this Mid-Century modern home is captivating and nestled privately in Allegheny County surrounded by...

Dalfen Industrial recently closed on the acquisition of three Class A industrial properties in Alpharetta, Georgia ? adding 284,000 square feet to its metro Atlanta portfolio. The properties are located next to the Shiloh Crossing properties...

Bell Partners Inc., one of the nation's leading apartment investment and management companies, has acquired Riverbend Apartments, a 266-unit apartment community located in Charlotte, N.C. The property, acquired on behalf of the firm's Fund VII...

RHP Properties, the nation's largest private owner and operator of manufactured home communities, has announced the acquisition of Dutch Harbor in Little Chute, Wisconsin. This brings the company's total of manufactured home communities to 298...

Brad Kitchen, President of Alterra Real Estate Advisors, has sold 5150 East Dublin Granville Road, an 83,000 SF office building in the extremely successful New Albany area to OhioHealth, Central Ohio's largest hospital system.  The building was...

Killam Apartment REIT ("Killam" or the "REIT") is pleased to announce that it has agreed to acquire a four-property, 11-building portfolio totaling 785 units in Kitchener and Waterloo, ON (the "KW Portfolio") for approximately $190.5 million...