News
Over 400 Philadelphia Housing Authority Properties at Auction
By Veronica Grecu, Associate Editor
The Philadelphia Housing Authority (PHA) announced last week that more than 400 vacant properties throughout the city will be auctioned on November 16 starting 1 p.m. at PHA’s finance office building at 1800 S. 32d St. […]
Timberlake, Glades Apartments in Altamonte Springs Trade for $63M
By Georgiana Mihaila, Associate Editor
In one of Orlando’s biggest multifamily sales of the year, the Timberlake and Glades Apartments have been acquired by Philadelphia’s GoldOller Real Estate Investments, LLC for $63.15 million. According to an official press release, the two […]
Growing Demand, Supply Constraints Keep Lid on Net-Lease Cap Rates: Boulder Group
The market for single-tenant assets should remain stable through the end of the year as demand for core assets keeps the lid on cap rates.
Seniors Housing Portfolio Trades for $52M
With investors’ eyes on seniors housing these days, ownership of a three-property portfolio in Indiana became the latest to trade hands.
Major Solar Power Project Brightens Colorado’s Future
By Alex Girda, Associate Editor
The sun is shining on Colorado’s side of the street, and it’s exactly what the centennial state needs now that it has won a massive new contract. Colorado Governor John Hickenlooper announced that the state is […]
South of Market Attracts New Tech Firms; Toll Authority Votes for New HQ
By Alex Girda, Associate Editor
San Francisco has to be happy with all the interest it’s seeing from starter and medium-tech companies that are set to relocate to the Bay Area. Demand is at an all-time high, with millions of square […]
Private-Equity Investments in Grubb & Ellis May Signal Larger Deal
Grubb & Ellis’ announcement on Monday that it is in exclusive negotiations with affiliates of the two private equity firms has ramped up speculation that a deal is afoot.
STORE Capital Seals $105M Sale-Leaseback Deal with O’Charley’s
The deal involves 50 of O’Charley’s Inc.’s 342 restaurants.
GGP Reaches Refinancing Goals with $966M of New Mortgages
The four most recent transactions bring GGP’s refinancings to $3.9 billion for the year.
Economy Watch: Germans Nix Quick Fix for Euro; Slow Growth for Manufacturing
Among other issues, Germany and France disagree about how to recapitalize troubled banks, and details of the $605 billion bailout fund remain murky.