Square Mile Capital Management has provided $1312 million of capital for the construction of Artisan Crossing, a 250-unit apartment property in the San Francisco Bay Area city of Belmont, Calif The New York investment manager placed a $76 million...
Monthly rents for apartments nationwide increased in May by $12/unit from the month before, to $1,428/unit, according to Yardi Matrix That marks the largest one-month increase in rents since at least 2007 The largest one-month increase before May...
CIT Group Inc has provided $332 million of financing to help fund Seavest Investment Group’s acquisition of the 78,000-square-foot medical-office building at 902 Quentin Road in Brooklyn, NY As reported, the White Plains, NY, company bought...
Kraus-Anderson has broken ground on the 98-bed Rolling Hills Senior Living and Rehabilitation Center in Sparta, Wis The Minneapolis developer is building the $20 million property at 14400 County Highway B, about 29 miles east of La Crosse, Wis,...
Commercial Property Executive Alere Property Group has broken ground on South Cucamonga Distribution Center, a 210,703-square-foot industrial property in Ontario, Calif The Newport Beach, Calif, investor received a $20 million loan from Zions Bank...
Alternative lender 3650 REIT has provided $59 million of financing to help fund New Mountain Capital’s purchase of the 491,200-square-foot industrial property at 50 Horseblock Road in Yaphank, NY, a community in Long Island’s Suffolk...
Tampa Bay Business Journal A development venture that includes Mill Creek Residential Trust, Barkett Realty and Stadler Real Estate Corp plans to start work in the fourth quarter on a 20-story apartment project in downtown St Petersburg, Fla Plans...
Dwight Capital has provided an $1897 million loan under the US Department of Housing and Urban Development’s section 223(a)(7) program against the 158-unit Sycamore Lane Apartments in Davis, Calif The financing allowed the property’s...
Dallas Morning News Larson Capital Management has bought Granite Tower, a 240,000-square-foot office building in Dallas The St Louis company bought the 10-story property, at 4055 Valley View Lane, from Buchanan Street Partners of Newport Beach,...
Dallas Morning News Construction is underway on the 351-unit Ovation at Gatalyn Park Apartments in the Dallas suburb of Richardson, Texas A venture of Bridge Investment Group and Legacy Partners is building the project at 2323 Plaza Boulevard, next...
