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Net lease news – page 215
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Ran Eliasaf of Northwind Group: 5 QuestionsNorthwind Group is a big lending name in New York City’s luxury residential real estate market, but it’s also been bullish on a different asset class over the past decade.
Diversified Partners Acquires Site for 100,000 SF Mixed-Use Project in Scottsdale, ArizonaSCOTTSDALE, ARIZ. — Diversified Partners has closed on a waterfront property in Scottsdale that will become The Lakefront at Scottsdale, a mixed-use redevelopment.
JLL Brokers $31.5M Sale of Grocery-Anchored Neighborhood Center in El Cajon, CaliforniaEL CAJON, CALIF. — JLL Capital Markets has brokered the $31.5 million sale of The Shops at Parkway Plaza, a grocery-anchored retail center in El Cajon. A private seller sold the asset to a Texas-based family office.
Hanley Investment Group Negotiates $5M Sale of Single-Tenant Retail Property in Clovis, CaliforniaCLOVIS, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the $5 million sale of a 2,047-square-foot, single-tenant retail property located roughly eight miles west of Fresno in Clovis.
Gantry Arranges $39.5M Permanent Loan for Apartment Complex in Woodbury, MinnesotaWOODBURY, MINN. — Gantry has arranged a $39.5 million permanent loan as construction takeout financing for the Edison at Woodbury, an apartment complex located in the Twin Cities suburb of Woodbury.
Vocon’s Tom Vecchione Is Ahead of the Changes in Office DesignNew York City’s office market has ebbed and flowed a lot over the past 40 years, but Vocon’s Tom Vecchione knows how to navigate the shifting seas.
Representative imageIn Life Sciences Real Estate, Times Are Tough. That Spells Opportunity for Some.The life sciences market has been sailing into a perfect storm since the pandemic, when lab space was flying off the shelves and investors began staking a claim in the asset class as a hedge against vacancies in office and retail.
CF Capital: Multifamily Investment Requires Connecting the Right Dots for Each Deal, Not Riding Market WavesThe multifamily sector has spent the last several years navigating shifting interest rates, changing migration patterns, elevated operating costs and uneven supply dynamics.
Walker & Dunlop, Pretium Close on $76M Bridge Loan for Chelsea ApartmentsWalker & Dunlop, Inc. and Pretium said Monday they have closed a $75.7-million bridge loan with Walker & Dunlop Affordable Bridge Capital, the firms’ affordable housing bridge lending joint venture, to refinance a 174-unit affordable multifamily housing community located in…
Insights from Connect CRE LA 2026: Where the Market is Headed (VIDEO)“The status of the market is hot,” said Gary Bechtel, CEO of Red Oak Capital Holdings. “There is plenty of capital. I’d call it a borrower’s market, in that there is capital for every opportunity out there.
Representative imageSenior Housing Operator Omni Lifestyle Living Buys Midtown Marriott for $40MAn Ohio-based senior living provider has purchased a Marriott hotel in Midtown.
Horvath & Tremblay Integrates B6 Real Estate Advisors, Expanding NYC OperationsHorvath & Tremblay, a Boston-based services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the integration of B6 Real Estate Advisors into the firm’s growing national platform.
Jodi Poirier Elevated to Lead Combined U.S. Office Leasing Platforms at ColliersColliers U.S. said Monday that Los Angeles-based Jodie Poirier has been appointed as president, Occupier Services & Agency Leasing | U.S. to oversee both its occupier and agency leasing businesses.
Berkadia Provides $35M Refi for Detroit-Area Multifamily Apartment ComplexFenton Management Company has secured $35.2 million to refinance Indian Lake Village Apartments, a 394-unit multifamily community located just outside of Detroit, Mich., Commercial Observer can first report., Berkadia originated the 10-year, fixed-rate loan, which will be…
CBRE Represents TPG Angelo Gordon in Sale of Offices on Long Island’s North ShoreThe CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer, in collaboration with Philip Heilpern of CBRE’s Long Island office, completed the $22.5-million sale of the leasehold interest in 50 Jericho Quadrangle in Jericho, NY.
Kaufman Under Contract to Buy Savanna’s Madison Square Park Properties for $125MTwo Madison Square Park properties are about to change hands, Commercial Observer has learned. Savanna’s 24-28 West 25th Street and 48 West 25th Street, also known as the Madison Square Collection, are being sold to Kaufman Investments for around $125 million, sources said.
Nutter Taps Elkus Manfredi to Design Seaport District Headquarters SpaceNational law firm Nutter has engaged Elkus Manfredi Architects to develop a strategic workplace plan and the firm’s 100,000-square-foot headquarters at 155 Seaport Blvd. in Boston’s Seaport District.
Affinius Lends $120M to Refinance Kearny Mesa Luxury ApartmentsAffinius Capital LLC closed on a $120-million loan to refinance Elowen, a Class A, 7-story, 302-unit multifamily property located in the Kearny Mesa neighborhood of San Diego. The loan was made to AAA Management and was arranged by JLL’s Bryan Clark.
Krusinski Construction Selected for Chicago Tenant Improvement ProjectKrusinski Construction Company (KCC) has been selected by Dayton Street Partners to complete a tenant improvement project for an automotive and clean energy company. The Loomis facility will support a new electric-vehicle repair facility in Chicago.
Media Agency Mediaplus Group Signs 10K-SF Lease at 432 Park Avenue SouthA media consulting firm is doubling the size of its New York City office with a new headquarters on Park Avenue South, Commercial Observer has learned.