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Financing Paves Way for 550 KSF Dallas Mixed-Use
JMJ Development landed a $32.5 million loan for the purchase of a 2.5-acre site where it plans to build a hotel and residential tower.
Rockefeller Breaks Ground on California Distribution Center
The development firm has started construction on a 203,944-square-foot facility in the Inland Empire that will be completed by summer 2020.
Las Vegas Mixed-Use Moves Ahead With $150M Loan
Mosaic Real Estate Investors provided the construction loan for Matter Real Estate Group’s first phase of its UnCommons development. Plans call for office, retail space, restaurants and a residential component.
DLA Piper Survey: Execs Feel Bullish Again
Executives canvassed by the global law firm are keen on Opportunity Zones, along with logistics and other industrial space.
Sizing Up Real Estate’s Top Tech Challenges
At the opening session of the IREM Global Summit, Realcomm’s Jim Young names the main technology issues facing the industry.
Metro Self Storage Scores $123M in Refis for 22 Assets
Talonvest Capital Inc. arranged the loans in two separate notes that each featured a 3.19 percent interest rate and 10 years of interest-only payments.
Brooklyn Mixed-Use Asset Scores $76M Acquisition Loan
Isaac Hager of Cornell Realty Management and developer Lipa Rubin purchased the hotel and multifamily asset, which was completed in 2016.
2019 CPE Distinguished Achievement Awards: Judges’ Comments
The awards program judges share their thoughts on outstanding elements from this year’s submissions, along with trends they observed among the entrant pool.
The Rio Sells for $516M
Caesar’s Entertainment Corp. has sold the Las Vegas hotel and will continue to operate the property for at least two years.
MCSS Development Sells 480 KSF Self Storage Portfolio
The company built the collection of five multi-story trophy properties between 2016 and 2018.