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Concord Arranges $50M Construction Loan for FW ApartmentsSumma Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth.
Representative imageCushman & Wakefield Sets Second-Quarter Revenue RecordCushman & Wakefield said Wednesday that its second-quarter earnings were strong enough to boost the commercial real estate services giant’s per-share earnings guidance for the year.
Zenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, TruistZenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, Truist As the industrial outdoor storage space continues to gain momentum, some key players are celebrating the next phase of their partnership with a fresh round of financing. Zenith Industrial Outdoor Storage and J.P.
University of St. Thomas Breaks Ground on 400-Bed Residence Hall Project in HoustonHOUSTON — The University of St. Thomas has broken ground on a 400-bed residence hall project on the institution’s campus in Houston. The 95,000-square-foot development will include a dedicated chapel and prayer room, courtyard and multi-use lounges and collaborative study zones.
IPA Brokers Sale of 236-Unit Apartment Complex in Midlothian, TexasMIDLOTHIAN, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of a 236-unit apartment complex in the southern Dallas suburb of Midlothian.
Representative imageLindenmeyr Munroe Signs 100,043 SF Industrial Lease in North HoustonHOUSTON — Lindenmeyr Munroe has signed a 100,043-square-foot industrial lease in North Houston.
Representative imageLee & Associates Negotiates 56,780 SF Industrial Lease in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Lee & Associates has negotiated a 56,780-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The tenant was not disclosed. According to LoopNet Inc., the building at 2401 W.
Tishman Speyer Acquires Berkshire Dilworth Apartments in Charlotte for $76.3MCHARLOTTE, N.C. — New York-based Tishman Speyer has purchased Berkshire Dilworth, a 296-unit apartment community located at 1351 E. Morehead St. in Charlotte.
Comstock Signs QTS to 77,000 SF Office Lease for New Corporate Headquarters in Northern VirginiaRESTON, VA. — Comstock Holding Cos. Inc. has signed QTS Data Centers, a data center owner-operator owned by Blackstone, to a long-term office lease at Reston Station.
Partnership Breaks Ground on 130-Unit Affordable Housing Community in Atlanta’s Buckhead DistrictATLANTA — A partnership between Pennrose, Radiant Development Partners and public partners including Atlanta Beltline Inc. has broken ground on Overlook at Garson, a 130-unit affordable housing community in Atlanta’s Buckhead district.
Marcus & Millichap Brokers Sale of New Restaurant in Hixson, Tennessee Leased to Chick-fil-AHIXSON, TENN. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built restaurant in Hixson, a northeast suburb of Chattanooga.
Brook Farm Inks $73M Refi on Covington ApartmentsBrook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia. The $73 million refinancing from Prime Finance replaces the initial construction loan and preferred equity investment from the project’s inception in 2023.
RIVANI Adds to Miami Beach HoldingsRIVANI purchased 404 Washington, an 8-story mixed-use office and retail property positioned at the gateway to Miami Beach’s South of Fifth neighborhood. The Trump Group was the seller.
Fed Credibility Is Now the Market’s Biggest TradeExecutive Summary Federal Reserve Chairman Kevin Warsh’s communication strategy was put to a stern test following the central bank’s decision to leave its key policy rate unchanged last week, triggering a sharp sell-off at the long end of the Treasury curve.
Apollo Gives Starwood's REIT A $1B Boost With Affordable Housing InvestmentApollo's $1B will be used to pay down debt at SREIT, which is facing a liquidity crunch amid a flood of redemption requests.
Podcast: How Renter Loyalty Programs Drive Multifamily NOI – Stake CEO Rowland HobbsRowland Hobbs is CEO and co-founder of Stake, a fintech platform that rewards renters with cash back, working to make renting financially rewarding.
Volastra Therapeutics Subleases 18K SF at Alexandria Center for Life ScienceA biotechnology firm is relocating its lab space from West Harlem to Midtown South. Volastra Therapeutics signed an 18,120-square-foot lease in the Alexandria Center for Life Science at 430 East 29th Street, owned by Alexandria Real Estate Equities, according to CBRE.
Cleveland Clinic Breaks Ground on $322M Expansion of Avon CampusAVON, OHIO — Cleveland Clinic has broken ground on a $322 million expansion of Cleveland Clinic Avon Hospital and the Richard E. Jacobs Health Center.
MAG Capital Partners Acquires 240,000 SF Manufacturing Facility in Metro ChicagoCHICAGO HEIGHTS, ILL. — MAG Capital Partners has acquired a 240,000-square-foot property that serves as the primary headquarters and manufacturing facility for Applied Acoustics International (AAI), a VisTech Manufacturing Solutions business and portfolio company of Angeles…
NAI Ruhl Brokers Sale of Former Quad-City Times Headquarters in Davenport, IowaDAVENPORT, IOWA — NAI Ruhl Commercial Co. has brokered the sale of the former Quad-City Times headquarters facility at 500 E. Third St. in Davenport. Rick Schaefer and Charlie Armstrong of NAI Ruhl brokered the sale.