Barbra Murray
KDC Plans 250 KSF Corporate Center at Research Campus in Kentucky
KDC wants to bring its state-of-the-art corporate campus prototype to Lexington, Ky., and the commercial real estate and investment firm is under contract with Sperry Van Ness Real Estate Advisors-Lexington to do just that.
Kimco, American Industries Sell Mexican Industrial Portfolio for $600M
The REIT and joint venture partner American Industries have entered into an agreement to sell their interests in an 11 million-square-foot portfolio of industrial properties in the country to Terrafina, a Mexican REIT advised by Prudential Real Estate Investors, for $600 million.
ML Realty Buys 460 KSF Suburban Dallas Industrial Portfolio
ML Realty Partners L.L.C. has increased its presence in metropolitan Dallas by nearly half-a-million square feet with the acquisition of a group of distribution buildings at Park West Commerce Center in Coppell, Texas.
MAA Buys 260-Unit M-F Property in Virginia
Apartment REIT MAA has increased its presence in Fredericksburg, Va., with the purchase of the Haven at Cosner’s Corner, an upscale, 260-unit multi-family community located roughly 50 miles south of Washington, D.C.
Yardi Launches Online Affordable Housing Application Tool
Yardi Systems Inc. continues to bring software innovation to the multi-family sector with the introduction of HOUSINGCafé, a Web-based tool designed to ease the application process in the affordable housing industry for both management and prospective residents.
Paladin Realty, Altana Partner Again on $60M M-F JV in Brazil
Institutional real estate fund manager Paladin Realty Partners continues to answer the cry for multi-family housing accommodations in Brazil, with the closing of an investment in a homebuilding partnership with Construtora Altana.
Douglas Emmett Buys Beverly Hills Office Building from Larry Flynt for $89M
Douglas Emmett now owns more than one-fifth of the Class A office stock in Beverly Hills, Calif. The REIT just acquired the 225,000-square-foot property at 8484 Wilshire Blvd. from Larry Flynt for $89 million, bringing its total presence in the submarket to 1.6 million square feet.
Canyon Capital, Citi Launch $800M Workforce Housing Fund
The partners’ new investment vehicle will target the acquisition of workforce housing in underserved communities across the country.