Business Specialties
Pandemic Accelerates, Rather Than Starts, CRE Trends
Paul Fiorilla of Yardi Matrix on key takeaways from the Urban Land Institute’s virtual conference.
What Are the Top 5 Manufactured Housing Investment Myths?
While this affordable asset type is gaining popularity, false assumptions and stereotypes still continue to influence some investors.
Top 5 Office Projects Under Construction in Portland
Based on Yardi Matrix data, 2.5 million square feet of office space was underway as of October, including the metro’s first biotech facilities and the largest urban asset in a decade.
Saratoga Group Announces $30M MHC Fund
The Opportunity Zone Fund targets $30 million to acquire some 2000 sites in more than 25 communities.
Marcus & Millichap Buys Mission Capital
The acquisition of the debt and equity brokerage adds a firm that has closed $65 billion in deals since its founding.
iLand Development Group to Build $1B Austin Project
The company will develop the mixed-use destination in a public-private partnership with the city of Leander, Texas.
Southeast Florida Storage Asset Trades for $14M
ServisFirst Bank originated a $10.3 million loan for the purchase of the 78,521-square-foot property.
CBRE Fund Buys Industrial Portfolio for $111M
NAI Hiffman brokered the sale of the properties, which are located in suburban Chicago and Phoenix.
Amazon Begins 2 MSF Kansas Expansion
The company plans to open the Kansas City and Wichita-area fulfillment centers in 2021, creating approximately 1,000 jobs.
Vornado Secures $500M Refi for Manhattan Tower
The financing package for PENN11 in Midtown retires a $450 million loan originated in 2013.