Net lease news – page 222

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LendingMadison Capital Obtains $223M Bridge Loan for 5 SE USA ApartmentsJun 4, 2026Madison Capital Group inked a $223 million bridge loan for five multifamily communities in the Carolinas and Florida.Representative imageDealOfficeKislak Negotiates $10M Sale of Northern New Jersey Office BuildingJun 4, 2026PARSIPPANY, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $10 million sale of a 131,346-square-foot office building in the Northern New Jersey community of Parsippany. The building sits on an eight-acre site at 959 U.S. Route 46.Texas People & Companies, June 5, 2026Jun 4, 2026The post Texas People & Companies, June 5, 2026 appeared first on Connect CRE.Representative imageLendingBlueprint Arranges Refinancing for 100-Unit Seniors Housing Community in South FloridaJun 4, 2026NORTH PALM BEACH, FLA. — Blueprint Capital Markets has arranged the refinancing of an assisted living and memory care community located in North Palm Beach in South Florida. Alta Senior Living is the borrower.Zilber Residential Group, Homes by Towne Complete 209-Unit Multifamily Community in Roseville, CaliforniaJun 4, 2026ROSEVILLE, CALIF. — Affiliates of Zilber Residential Group and Homes by Towne have completed Estia Roseville, a 209-unit multifamily community located in the greater Sacramento area.DealColliers Brokers $16.6M Sale of Affordable Housing Complex in West Los AngelesJun 4, 2026LOS ANGELES — Colliers has brokered the sale of 11418 Missouri Avenue, a 44-unit affordable multifamily property located in the Sawtelle neighborhood of West Los Angeles.Representative imageDealFaris Lee Arranges $10M Sale of Value-Add Retail Property in Orange, CaliforniaJun 4, 2026ORANGE, CALIF. — Faris Lee Investments has brokered the $10 million sale of a value-add retail property located in Orange. The asset traded for $209 per square foot. Nike Miller of Faris Lee Investments represented the seller and buyer in the transaction.DealCBRE Negotiates $7.3M Sale of Boutique Hotel in San FranciscoJun 4, 2026SAN FRANCISCO — CBRE has negotiated the $7.3 million sale of Sutter Mansion, a boutique hotel located at 1409 Sutter St. in San Francisco’s Japantown/Pacific Heights area.OfficeTech Firm Veeva Relocates to 62K-SF Office at Vornado’s Penn 2Jun 4, 2026A data firm that provides software and artificial intelligence solutions for the life sciences sector is relocating its offices to the Penn District, Commercial Observer has learned.TenantsOfficeAI Startup Phia Signs 9K-SF Lease at Zar Property’s 37 East 18th StreetJun 3, 2026The apple doesn’t fall far from the tree, especially for Bill Gates. Phoebe Gates, the Microsoft co-founder’s youngest daughter, started a tech firm of her own — along with her Stanford classmate Sophia Kianni — and has just signed a lease to relocate its office in New York City.LendingArrow Lines Up Acquisition Financing for 7-Property Mixed-Use PortfolioJun 3, 2026Arrow Real Estate Advisors arranged a $69.7-million acquisition bridge loan on behalf of TARGO Capital Partners for a seven-property, mixed-use portfolio located across Manhattan’s Lower East Side, East Village and West Village submarkets.Developer Moses Hershko, From California to South Florida: 5 QuestionsJun 3, 2026Moses Hershko, founder of Moses Hershko Development, has long been a homebuilder to the stars in California. His clients have included Arnold Schwarzenegger, Sylvester Stallone and a number of tech executives.DealAvison Young Negotiates Relocation for Mercedes-Benz of Beverly HillsJun 3, 2026Avison Young negotiated a multi-decade, 37,561-square-foot lease on behalf of the ownership for the relocation of Mercedes-Benz of Beverly Hills – a Fletcher Jones Company – dealership located at 8825 Wilshire Blvd. in Beverly Hills. Jodi V.DevelopmentIndustrialAmbrose Breaks Ground on 16-Acre Indianapolis Industrial ParkJun 3, 2026Ambrose has broken ground on Indianapolis Logistics Park – South, a 16-acre, two-building industrial park in Greenwood, Indiana, a suburb located directly south of Indianapolis.LendingBHI Provides Condo Inventory Loan for Ground-Up Luxury ProjectJun 3, 2026BHI, the U.S branch of Bank Hapoalim, B.M., provided a $200-million condo inventory loan to Malabar Residences, a newly constructed ultra luxury residential condominium and ground-floor retail building located at 126 E. 57th St. and developed by MRR Development..DealInterra Realty Brokers $23M Sale of Suburban Chicago ApartmentsJun 3, 2026Interra Realty facilitated the sale of 20West, a six-story, 71-unit rental community at 20 W. Northwest Highway in Mount Prospect, Illinois, for $23 million. The transaction equated to $323,943 per unit.DealCentersTanger Acquires 300K-SF Open-Air Retail Center in OhioJun 3, 2026Tanger has acquired The Town Center at Levis Commons, a 300,000-square-foot, open-air lifestyle center located in a mixed-use district in the Perrysburg submarket of Toledo, Ohio. The transaction adds a fourth full-price, market-dominant lifestyle center to Tanger’s portfolio.DealFormer Bank Branch Positioned as Development Opportunity in Garden Grove SaleJun 3, 2026CBRE closed the $11 million sale of a former Farmers & Merchants Bank branch at 10422 Garden Grove Blvd. in Garden Grove. The transaction ranks among the highest price-per-square-foot sales in the submarket at more than $1,125 per square foot, according to CBRE.TenantsKing County Housing Authority Completes $125M Revamp of Kirkland MFJun 3, 2026The King County Housing Authority (KCHA) recently celebrated the grand opening of Kirkland Heights, a newly redeveloped affordable housing community that preserves long-standing affordability while expanding housing options for families in Kirkland.LendingSlate Property Group Closes on $86M Refi for LIC ApartmentsJun 3, 2026Slate Property Group has closed on an $86.25-million refinancing for Dutch House, a 186-unit multifamily property located at 37-05 30th St. in Long Island City.