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Net lease news – page 132
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Greystone Provides $92M in Fannie Mae Loans to Metropolitan RealtyGreystone has provided a total of $91,851,000 in Fannie Mae loans to refinance and acquire three affordable housing communities located in New York.
E Ink Breaks Ground on Expansion of Billerica Innovation CenterE Ink, an originator, pioneer and global commercial leader in ePaper technology, broke ground on the expansion of its U.S. headquarters in Billerica, MA.
Breakthrough Properties, Tishman Speyer Provide $90M Mezz Loan for Life Science CampusBreakthrough Properties and Tishman Speyer announced a joint investment in a $90-million mezzanine bridge loan for Aperture Del Mar, a newly constructed, 538,000-square-foot Class A life science campus in San Diego.
MassDOT Seeks Developer for 20-Acre Fall River SiteThe Massachusetts Department of Transportation (MassDOT) on Friday released an Invitation to Bid for the redevelopment of approximately 20 acres of waterfront property along the Taunton River in Fall River.
West Palm Beach Multifamily Property Converted From Condos Sells for $91MThe seesaw history of a West Palm Beach residential complex has a new chapter. A joint venture between the Kamson Corporation and Joel Gluck’s Scopus Property Management has closed on a $90 million acquisition of Ponte Verde at Palm Beach Lakes, Commercial Observer has learned.
Logos Faith Development Sets 15 Groundbreakings Over the Next Three YearsLogos Faith Development, a Los Angeles-based affordable housing developer partnering with faith communities across Southern California, announced 15 groundbreakings planned across 2026, 2027 and 2028.
Housing Development in North Lawndale Breaks GroundCrews recently broke ground on a North Lawndale community, the Trumbull Collection, a group of nine market-rate three-flat apartment buildings. The $6.5 million project will replace eight vacant lots on the 1600 and 1800 blocks of S. Drake Ave. and S. Trumbull Ave.
JPMorgan Sells 49% Stake in Fisher Brothers’ 605 Third Ave.JPMorgan Asset Management has sold its 49% interest in Fisher Brothers’ 605 Third Ave. at a $425-million valuation. Fisher Brothers is now seeking a new institutional partner on the 43-story, one-million-square-foot Midtown Manhattan office tower.
Woodside Health Completes Sale of Medical, Retail PropertyWoodside Health, an Ohio-based private equity firm specializing in healthcare real estate, has completed the sale of Cornerstone Plaza, a medical and retail property located in the Dallas-Fort Worth metropolitan area.
Representative imageWaste Management Buys 146-Acre Miami-Dade Development Site for $380MWaste Management has paid nearly $380 million for about 146 acres in Medley, Fla., where the Houston-based company will likely build another landfill, property records show. The land sits parallel to Route 27 at 9515 Northwest 95th Avenue near the Everglades national park.
Lightstone Capital Refis San Diego Apartments With $34M LoanDeveloper Jeff Svitak has landed $34.25 million of bridge debt for a newly completed San Diego multifamily project, Commercial Observer has learned. Lightstone Capital originated the senior loan for Svitak’s Kaya Apartments development in San Diego’s Bankers Hill neighborhood.
2 Longtime Leaders Of Housing Nonprofit Leave To Launch New FirmsNational affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures. Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them...
AI Has Saved Time But Muddied Traffic Data For CRE Marketing ExecsPublic relations executives who promote buildings and transactions to investors, potential buyers and the media say artificial intelligence has rewired their jobs over the past few years — compressing workflows from weeks to days. But it has also complicated...
Simpson Thacher Appears In Talks For What Could Be One Of D.C.'s Largest Office Leases In 2026International law firm Simpson Thacher & Bartlett LLP appears to be in talks to lease a historic property near the White House, in what could become the District's largest private sector lease so far this year.
Representative imageRexford Plans Up to $2B in Sales After Posting $507M Loss in Q2Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller.
Historic Downtown Denver Building Hits the MarketIt’s probably best known as The George. It was called that for over 100 years. Now called The Symes Buildings, the nearly 100,000 square foot building is up for sale. The Denver Business Journal reports the totally vacant building at 820 16th St.
NMHC Sees Declines in Capital Availability, Deal Flow in Latest SurveyApartment market conditions tightened over the past three months, with conditions for debt and equity financing worsening while deal flow decreased, the National Multifamily Housing Council (NMHC) reported in its July Quarterly Survey of Apartment Market Conditions.
Keller Inks $718.5M Refi on 13 SW USA Rental CommunitiesKeller Investment Properties will refinance a 13-property portfolio through a $718.5 million CMBS loan. Six are in Utah, four in Nevada and three in Arizona. Multihousing News reports that a Nomura affiliate will provide a two-year, floating-rate, interest-only loan.
BioMed Hands Boston Lab, Office Property To LenderThe lenders on a two-building lab and office complex in Boston's South End have taken over ownership from life sciences giant BioMed Realty.
Industrial Consolidation Continues With European Giants Agreeing To $15B MergerAnother massive industrial REIT merger is on the table, two logistics heavyweights have announced.