Commercial Real Estate Direct Staff Report Concerns of an oversupply of multifamily units and the impact it might have on property fundamentals have pushed the major apartment REITs to pull back on development in 2026 That’s according to...
Charlotte Business Journal CBRE has been tapped to market for sale the Queen City Quarter mixed-use complex in Charlotte, NC The property, formerly known as the EpiCentre, is being marketed on behalf of CWCapital Asset Management, special servicer...
South Florida Business Journal Welltower Inc has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla, for $872 million, or about $231,300/unit The Toledo, Ohio, company bought the property from Focus...
Multi-Housing News Mill Creek Residential has broken ground on Modera Woodmont Beach, a 290-unit apartment property in Des Moines, Wash The Boca Raton, Fla, developer is building the property at 26915 Pacific Highway South, about 20 miles south of...
The Real Deal A venture of Metro Loft Management and Quantum Pacific Group has agreed to pay about $100 million, or $26254/sf, for One Whitehall St in Lower Manhattan, with plans to convert the 380,895-square-foot office building into apartments The...
Charlotte Business Journal Ares Management Corp is offering for sale ThExchange, a 568,811-square-foot office complex in Charlotte, NC The Los Angeles investment manager has tapped CBRE to market the 14-building property It took title to the...
Commercial Property Executive Western Realco has paid $407 million, or $30410/sf, for a 133,836-square-foot office property at 600 East Vermont Ave in Anaheim, Calif The Newport Beach, Calif, investment firm acquired it from Rexford Industrial in a...
South Florida Business Journal Valoro Capital has purchased a 63,240-square-foot office building at 2125 Biscayne Blvd in Miami for $19 million, or $30159/sf The local investor acquired the four‑story property from an affiliate of Novel Coworking...
Atlanta Business Chronicle Stonemont Financial has lined up $325 million of financing for its purchase of the Northside Hospital East Cobb Medical Center in the Atlanta suburb of Marietta, Ga Webster Bank provided the loan Stonemont, of Atlanta,...
Charlotte Business Journal An affiliate of Piedmont Capital has purchased The Shops at Franklin Square, a 134,239-square-foot shopping center in Gastonia, NC, for $245 million, or $18251/sf The Charlotte investor acquired the retail property from an...
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