South Florida Business Journal Federal Realty Investment Trust has purchased the 392,000-square-foot Shops at Pembroke Gardens retail property in Pembroke Pines, Fla, for $1805 million, or about $46046/sf The Bethesda, Md, REIT bought the property...
Will Beam has joined Mesirow as managing director of acquisitions at its Mesirow Institutional Real Estate Direct Investments operation Beam joins the Chicago financial services company from Magnolia Capital, also of Chicago, where he was managing...
Commercial Real Estate Direct Staff Report Davlyn Investments has paid $655 million, or $355,978/unit, for the 184-unit Aviara apartment property in Las Vegas The San Diego investment manager purchased the property from an affiliate of Acacia...
Avi Kollenscher has joined Nightingale Properties as an executive vice president charged with helping oversee its development, leasing and portfolio management efforts Kollenscher joins the New York real estate company from the Related Cos, where he...
JLL Capital Markets has hired Daniel Digerness as a director in the company’s Phoenix office, where he will provide debt and equity advisory in Phoenix and throughout the Southwestern part of the country Digerness joins the company from...
Jason Kim has been named partner in the real estate practice of law firm Loeb & Loeb He joins the firm’s New York office from White and Williams, where he was partner He previously was counsel at McLaughlin & Stern, and before that was...
Alternative lender Parkview Financial, which focuses on providing bridge and construction loans, primarily against apartment properties, is opening an originations office in Seattle to serve the Pacific Northwest region It’s hired Blake...
CBRE Investment Management has hired Trevor Eden as senior director of the transactions team in its Americas Logistics Operator division Eden will be sourcing, underwriting, negotiating and closing on logistics investments in the country’s...
Berkadia has named Sabrina Solomiany to lead the company’s new medical and life-sciences specialty group The new group will advise on investment sales, debt placement and joint venture equity deals for investors in medical offices, hospitals,...
Justin Leonard has been named chief investment officer and executive vice president of DiamondRock Hospitality Co Leonard will serve on the Bethesda, Md, REIT’s executive committee and will lead its asset management unit He reports directly to...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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