News by subject: RLE

System Seals Inc., a research-based seal manufacturer focused on optimizing fluid seal performance, has purchased a 24,000-square-foot facility at 6600 West Snow Road in Brecksville, Ohio. The property will be reconfigured this year to house the...

West Shore LLC, a multifamily real estate investment firm, has acquired Haven on Tucker, a brand-new Class A property in Louisville, Kentucky. The company continues to grow its national footprint with the addition of this 370-unit apartment...

An investment group in the Dominican Republic has turned to Kennedy Funding to secure a loan for their beachfront property on the country's northern coast. The Englewood Cliffs, New Jersey-based direct private lender closed a $2.3 million loan to...

The Discovery Labs has signed a foundational lease with the University of Pennsylvania Gene Therapy Program (GTP), which will use Discovery Labs' suburban campus for a portion of its expanding research operations focused on the development of genetic...

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, has announced the acquisition a 123,800 square foot portfolio consisting of seven (7) Class A...

Level 3 Design Group is basking in the glow of success after completing the design and purchasing for the newly renovated Hampton Inn and Homewood Suites in Silver Spring, MD. The dual brand hotel's 239 guest rooms have all been reimagined, with...

REALM has purchased a 100-acre ranch and premier event venue, located approximately one hour south of Nashville and twenty minutes from the burgeoning city of Columbia, TN. This acquisition represents REALM's 12th transaction in the last year. In...

Dalfen Industrial announced the acquisition of a 100% occupied, 98,666 square feet property in West Fort Worth. The property is next to the Lockheed Martin Aeronautics headquarters where they manufacture military aircrafts including the F-35, F-22,...

Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the sale of The Gateway, previously Jefferson at Orchard Pond, a 748-unit, garden-style apartment...

Walker & Dunlop, Inc. announced today that it has arranged both debt and equity financing for the acquisition of The Bungalows on Pine Cliff, a build-for-rent (BFR) housing development located in Flagstaff, Arizona. This structured transaction...

On April 7, 2021, Westcore Europe together with Gulf Cooperation Council (GCC)-based strategic partner, 3S Capital, finalized its purchase of the Bretby Business Park in Bretby, UK for £23.5 million (~ $32.7 million US).  Located on Ashby Road in...

An affiliate of Optimus Properties, LLC has closed on its purchase of a commercial property leased to a Bank of America branch in Santee, CA - a suburb of San Diego.  The branch is 7,000 sq. ft. on its ground floor, and sits on a standalone pad-site...

Optimus Properties, LLC is pleased to announce that is has completed the purchase, and subsequent disposition of its first distressed note backed by real estate.  The non-performing note was secured by a premier retail property located in the heart...

Tennessee National Marina, Resort & Village, a gorgeous 1,466-acre gated lake and golf resort community on Watts Bar Lake, hosted a hugely successful property release on Saturday, May 15th....

Birmingham, Alabama-based Equity Resources, LLC, announced today the sale of Oasis West Melbourne Apartments in West Melbourne, Florida. Oasis is a Class-A property located in the heart of the space coast in one of the strongest secondary markets in...

Seagis Property Group announced today that it has acquired a 9,800 square foot industrial building with an adjoining 14,900 square foot parking lot.  The property is located at 58-17 59th Drive at the corner of Flushing Avenue and 59th Drive in the...

Miami-based Limestone Asset Management closed on two outparcels, totaling 14,075 square feet, around Orlando's popular Mall at Millenia for $10.4 million. Limestone Asset Management invests in and acquires real estate properties over all asset...

7-Eleven, Inc. ("7-Eleven") announced today that it has signed definitive agreements to sell 293 Speedway and 7-Eleven stores to three separate buyers. This follows the completion of 7-Eleven's acquisition of Speedway from Marathon Petroleum Corp....

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, has announced the acquisition of two properties totaling approximately 188,573 square feet at...

PREIT , a leading operator of diverse retail and experiential destinations, today announced the finalization of transactions associated with bringing Cooper University Health Care to Moorestown Mall, one of the Company's key High Barrier-to-Entry...

A 14.5-acre, waterfront parcel in Tiburon, CA that was previously asking $47 million will now be sold without reserve and regardless of price at a live, luxury auction scheduled for Friday, May 21. The unique property, known as Bluff Point due to its...

JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $3.6 billion in portfolio assets and 86 properties, announced today it executed a lease of its recently acquired Fort Worth Distribution Center.  The tenant, iDC...

The Turkey Track Ranch was pioneered in the era of legendary WT Waggoner, 6666 and Goodnight Ranches.  Boasting almost 80,000 acres under one fence and some 26 miles of Canadian River...

Delight Restaurant Group announced today the acquisition of 44 Wendy's® restaurants on Long Island, New York.  As part of the transaction, Delight Restaurant Group plans to build several new Wendy's restaurants in the area and remodel certain...

Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has secured a $50.5 million construction loan from RMWC for its Parkhouse Residences at Uptown Newport...

New Standard Equities (NSE), a Los Angeles-based, full-service multifamily investment and management company, takes on two neighboring assets, Cedar Glen and Maple Manor, rebranding them as "Indigo Apartment Homes" in Bremerton, WA. With planned...

Rubicon Equities, a Nashville based real estate investment firm, and Meritage Group LP, a private investment firm, announced the acquisition of Capitol View Plaza, a Class A Office building located at 1 Lifeway Plaza in downtown Nashville's Gulch...

First National Realty Partners (FNRP) is pleased to announce the acquisition of Tops Plaza, a grocery-anchored shopping center located at 5287 South Transit Road, Lockport, NY.  Tops Plaza is a 166,634 SF, 97% occupied, market-dominant shopping...

Today, North Signal is pleased to announce the acquisition of a fully entitled, light-industrial zoned,10.1 acre land parcel from, a joint venture owned by an affiliate of North Signal Capital LLC and a fund managed by Westport Capital Partners LLC...

Fair Forest, a build for rent community, will consist of 207 single family homes with three and four bedrooms ranging from 1,548 to 2,152 square feet. The community will have private amenities which include a pool with a cabana area, dog park and a...

Walker & Dunlop, Inc. announced today that it structured $55,680,000 in financing for three skilled nursing facilities in the Chicago, Illinois area: Chalet Living & Rehab Center, The Grove of Evanston, and The Grove of La Grange Park....

Today, North Signal Capital, is pleased to announce the execution of a 59,182 SF, 7-year lease with Seawest Logistics within RiverPort Commerce Park. Seawest Logistics is a growing apparel logistics company based in Edison, New Jersey....

Flagship Communities Real Estate Investment Trust ("Flagship" or the "REIT") announced today that it has completed the acquisition of a manufactured housing community in Little Rock, AR (the "Acquisition") for a purchase price of approximately...

Elevation Financial Group, a senior and multifamily affordable housing provider, announces the acquisition by Elevation Real Property Fund VII of Lakeland Hills Senior Living. Ideally situated in the lake and garden district of east Dallas, Texas,...

420Property.com, the world's leading business and real estate listing service for the cannabis industry is currently seeing a land rush underway as real estate speculators and cannabis entrepreneurs are getting an early start on securing properties...

Xplore Inc., a commercial space company providing Space as a Service® today announced they are opening a satellite manufacturing facility in Redmond, Washington. Their new, state-of-the-art campus is a key step in the company's mission to expand mass...

Due to increased demand for multifamily cabinets, Texas-based cabinet manufacturer and interiors solutions provider Republic Elite, has acquired the cabinet manufacturing plant formerly operated by Windsor Fixtures, located in Lawrenceville, Georgia....

Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. , is excited to announce that it recently purchased a total of 186 new lots in Polk County....

MGM Resorts International ("MGM Resorts") and MGM Growth Properties LLC ("MGP") announced today that they have entered into a definitive agreement whereby MGP will purchase the real estate assets associated with MGM Springfield in Western...

Alliant Strategic Investments (ASI), an investment firm focused on socially responsible multifamily investments, has purchased Riverstone Apartments, an affordable housing community located in Bolingbrook, Illinois, a suburb Southwest of Chicago. The...

Mattamy Homes, North America's largest privately owned homebuilder, is pleased to announce that it has closed on a land purchase in San Tan Valley, AZ, in the coveted San Tan Heights master-planned community. The 85-acre property, purchased for...

In the first quarter of 2021, Florida's housing market reported more closed sales, higher median prices and more new pending sales compared to a year ago, according to the latest housing data released by Florida Realtors®. Closed sales of...

Kennedy Funding (kennedyfunding.com), one of the leading direct private lenders in the United States, announced today that it has closed a $1.3 million loan to Hampden Papers, Inc. Proceeds from the bridge loan will be used as working capital for the...

In one of the most complex retail transactions during COVID-19, Scott DeYoung and Jeff Conover of Faris Lee Investments completed the sale of Signal Hill Gateway in Long Beach to four different buyers for a total of $28.3 million, which is a 5.27%...

With less than one year on the job, 20-year-old Joseph Sasson -- a commercial real estate loan originator with Eastern Union -- has closed a $32-million transaction for the acquisition of a new, 285-unit multifamily property in Columbia, SC. Eastern...

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, has announced the acquisition of 11.86 acres at Airpark Road East in Nashville, Tennessee. The...

Puget Sound commercial and residential real estate developer Oakpointe Communities (Oakpointe) and American Homes 4 Rent (AH4R / NYSE: AMH) announced today that AH4R is opening a single-family rental home community in the Ten Trails master planned...

Dalfen Industrial has acquired 149 acres of land in Bethel, Pennsylvania. Dalfen plans to develop three industrial buildings totaling 1,177,400 square feet on this land with an estimated completion date of Q1 2023....

Miami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, closed on the sale of a 23,031-square-foot retail and office center for $5.3 million on May 3, 2021. Located at 1914 4th Street North, St. Petersburg, FL, the...

Landsea Homes Corporation ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today the acquisition of 182 homesites at the Alameda Marina master-planned community in Alameda, California that will celebrate the...