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Nashville Apartments Trade at Steep DiscountA company aligned with New Jersey investor Aaron Friedman paid $54.4 million for the Braxton Music Center apartment development at 2165 Nolensville Pike, near Geodis Park.
Wan Bridge, Centurion Deliver 201-Unit Build-to-Rent Project in Lewisville, TexasLEWISVILLE, TEXAS — A partnership between Wan Bridge, a Texas-based developer of build-to-rent residential communities, and Centurion American Development Group has delivered Frontera Shores Townhomes, a 201-unit project in the northern Dallas suburb of Lewisville.
Representative imageArnold & Porter Signs 22,718 SF Office Lease in Downtown HoustonHOUSTON — Arnold & Porter has signed a 22,718-square-foot office lease in downtown Houston. The law firm is taking space at 811 Main, a 974,884-square-foot office building.
Representative imageBraun Enterprises Completes Renovation of 11,000 SF Office Building Near Downtown HoustonHOUSTON — Local owner-operator Braun Enterprises has completed the renovation of 2120 Montrose, a roughly 11,000-square-foot office building located just west of downtown Houston.
LUXCOM Inks $72M Refi on Sunrise ApartmentsDwight Mortgage Trust closed a $72 million bridge refinance loan for Sereno, a newly built 235-unit luxury apartment development in Sunrise, Florida. LUXCOM was the borrower.
JLL Arranges Construction Financing for Northern New Jersey Mixed-Use ProjectHALEDON, N.J. — JLL has arranged an undisclosed amount of construction financing for a mixed-use project in the Northern New Jersey community of Haledon. Known as High Mountain Promenade, the development at 987 Belmont Ave.
Representative imageColliers Negotiates Sale of 865-Unit Self-Storage Facility in Delanco, New JerseyDELANCO, N.J. — Colliers has negotiated the sale of an 865-unit self-storage facility in Delanco, located outside of Philadelphia in Southern New Jersey.
Representative imageMarcus & Millichap Brokers $7M Sale of Mixed-Use Building in Manhattan’s West VillageNEW YORK CITY — Marcus & Millichap has brokered the $7 million sale of a 3,965-square-foot mixed-use building in Manhattan’s West Village. The building at 304 Bleecker St.
Affinius Provides $70.2M Refinancing for Savannah Warehouse ProjectAffinius Capital originated a $70.2 million loan to a real estate fund advised by Crow Holdings Capital to refinance Terminal East, a 915,000-square-foot industrial property in Savannah, GA.
Girish Gopalan of Meter: 5 QuestionsIn March, connectivity services company Meter announced that it acquired WiredScore, the pre-eminent global standard for measuring such technology.
Morris Betesh Points Arrow Real Estate Advisors on an Upward PathWhen Morris Betesh founded Arrow Real Estate Advisors in late 2024, it was the culmination of more than a decade of forging relationships at other leading commercial real estate brokerage firms.
Representative imageCIGNA Signs 32,700 SF Office Lease Renewal in Midtown ManhattanNEW YORK CITY — CIGNA has signed a 32,700-square-foot office lease renewal at 2 Grand Central in Midtown Manhattan. The insurance giant is relocating its offices at the base of the building to two full upper floors.
Representative imageCIM Group Provides $154M Loan to Blackstone for Refinancing of MiamiCentral Office TowersMIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in downtown Miami.
Affinius Capital Originates $70.2M Refinancing for Terminal East Industrial Property in SavannahSAVANNAH, GA. — Affinius Capital has originated a $70.2 million loan for the refinancing of Terminal East, a two-building industrial property in north Savannah spanning 915,000 square feet.
SMBC Group to Bring 2,000 Office Jobs to Charlotte for New Banking HubCHARLOTTE, N.C. — Sumitomo Mitsui Banking Corp. (SMBC Group), one of Japan’s largest financial institutions, has announced it is bringing approximately 2,000 new jobs to Charlotte.
JLL Arranges $55.7M in Acquisition Financing for Multifamily Property in Oxnard, CaliforniaOXNARD, CALIF. — JLL Capital Markets has secured $55.7 million in financing for the acquisition of Tempo at Riverpark in Oxnard. The borrower is Hines U.S. Property Partners, Hines’ flagship commingled U.S. core plus fund.
Representative imageAmerican Capital Group, Clarion Partners Open 316-Unit Enso Apartments in Lynnwood, WashingtonLYNNWOOD, WASH. — American Capital Group (ACG) and Clarion Partners have completed Enso Apartments in Lynnwood. Located at 19630 40th Ave. W., Enso Apartments features 316 studio, one-, two- and three-bedroom floor plans with in-home air conditioning.
Brinkman Real Estate, ATLAS Capital Buy 123-Unit Apartment Community in Cheyenne, WyomingCHEYENNE, WYO. —Brinkman Real Estate, in partnership with ATLAS Capital Partners, has acquired Pointe Plaza Apartments in Cheyenne for an undisclosed price. Constructed between 2017 and 2022, Pointe Plaza features 123 apartments at 6714 Faith Drive.
Avatar Financial Provides $5.1M Bridge Loan for Hampton Inn & Suites Denver-Littleton HotelLITTLETON, COLO. — Avatar Financial Group has provided a $5.1 million bridge loan secured by Hampton Inn & Suites Denver-Littleton.
BREAKING NEWS: PPI Rises 0.5% in March, Undershoots ExpectationsThe Producer Price Index (PPI) increased 0.5% month-over-month in March, the U.S. Bureau of Labor Statistics reported, coming in well below the 1.2% consensus estimate and matching February’s revised 0.5% gain.