News
Palm Beach Shopping Centers Command $9 Million
Perkins Realty Management, LLC acquired the Shoppes of Delray and Gables End Plaza in Florida’s Palm Beach County for a combined $9.1 million from Pebb Enterprises.
Holyoke’s Rooftop Solar Installation Will Power 200 Homes a Year
The first commercial rooftop solar project in the City of Holyoke began operations.
New Platform Gives Investors Easier Access to RE Loans
PeerStreet, a startup company that aims to make investing in real estate-backed loans “as easy as buying stocks,” has made its platform available to all accredited investors.
Retail Elite on Fifth Avenue Makes Room for Microsoft Flagship Store
Microsoft is opening its very first New York retail store in the heart of the city—just five blocks away from Apple’s iconic glass cube.
Economy Watch: Housing Sales Pick Up, But Inventory Anemic
Total existing home sales, which includes single-family homes but also for-sale multifamily units, increased 4.7 percent to an annualized rate of 5.55 million units in September from a slightly downwardly revised 5.3 million units in August, according to the National Assocation of Realtors.
Planners Green Light Self-Storage Facility in Watkinsville
A new self-storage project could soon rise on Old Greensboro Road in Watkinsville, Oconee County, Ga.
Inside Milestone Apartments REIT’s $1.9B Acquisition
Milestone Apartments REIT has entered into an agreement with Starwood Capital Group to acquire Landmark Apartment Trust for $8.17 per share in cash, representing a total enterprise value of approximately $1.9 billion.
Foley Lends Helping Hand to Maynada in Financing Deal
Maynada Blue was looking for a loan and found one with help from Foley & Lardner L.L.P. through Blackstone affiliate B2R Finance, a leading provider of residential buy-to-rent mortgages.
Boston-Area Developer Buys Major Harborfront Parcel
WS Development has acquired a 12.5-acre parcel of land in Boston’s Seaport District that will eventually include 2.8 million square feet of residences, offices, hotels, retail, parks and community space.
Chevy Chase Mixed-Use Project Receives $107.6M in Financing
WealthCap receives $107.6 million in financing for Chase Tower, a 245,835-square-foot mixed-use project leased to a mix of office and retail tenants, including The JBG Companies, Capital One, Chipotle Mexican Grill and more.