Features
InterFace Panel: Seniors Housing Development Pushes Forward Despite Many COVID Delays
The Presentation Of Obsolescence Helps Commercial Property Owners Achieve Successful Tax Appeals
Lending Activity
Ready Capital Provides $5M Acquisition Loan for Industrial Property in Memphis
JLL Arranges Acquisition Financing for Two Multifamily Assets Totaling 586 Units Near Fort Worth
Bellwether Provides $33.9M Agency Loan for Refinancing of Austin Affordable Housing Community
Madison Realty Capital Provides $73.5M Loan for Refinancing of New Jersey Commercial Portfolio
G.S. Wilcox Arranges $6.8M Loan for Refinancing of Office Building in Bridgewater, New Jersey
Developments
ATCO, Shorenstein Break Ground on Phase II of Camp North End Mixed-Use Project in Charlotte
Peppercorn Capital Unveils Renovation Plans for 80,000 SF Office Building in Chicago’s Fulton Market
LOCAL Ventures Receives Development Financing for Apartment Project in Downtown Boise
Sansone Group, Argos Capital Partners to Develop 245,000 SF Distribution Center in Port St. Lucie, Florida
Caydon Launches Phase II of 2.5 MSF Mixed-Use Laneways Project in Houston
Crescent Communities, McShane Plan 317-Unit NOVEL Val Vista Apartments in Gilbert, Arizona
North American Development Group to Construct 252 Single-Family Rental Homes in Boca Raton
Longpoint Realty Partners Breaks Ground on 178,000 SF Industrial Project in Metro Dallas
Walters Nears Completion of 68-Unit Affordable Housing Project in Marlton, New Jersey
Lehigh Valley Health Network to Open 100,000 SF Hospital in Central Pennsylvania
JBG Smith to Break Ground on Potomac Yard in Alexandria, Including Virginia Tech’s $1B Innovation Campus
Civitas, StoneCreek Plan 104-Unit Seniors Housing Redevelopment Project in Houston
Acquisitions
Hines Sells Industrial Logistics Facility in Santa Ana, California for $113.5M
90-Unit Independent Living Community in Minnesota Trades Hands
Stratus Properties Sells Saint Mary Apartments in Southwest Austin for $60M
CBRE Negotiates Sale of 136,531 SF Office Complex in Wilton, Connecticut
NorthMarq Negotiates $167M Sale of Four-Property Multifamily Portfolio in Virginia
Cawley Partners, Staubach Capital Acquire 475,000 SF Sabre Global Corporate Offices in Southlake
Waterton Acquires 318-Unit The Vue Residential High-Rise in San Pedro, California
Passco Purchases Newly Built Multifamily Community Near Atlanta for $65M
Riverside Furniture Acquires Former Manufacturing Facility in Triad Region, Plans Renovations
Marcus & Millichap Arranges $8.1M Sale of Shopping Center in Waterloo, Iowa
West Shore Acquires 315-Unit Broadstone Lake Walk Apartments in College Station
Woodmont, EverWest Acquire 144,551 SF Industrial Facility in South Brunswick, New Jersey
Leasing Activity
Detroit Thermal Signs 14,700 SF Industrial Lease in Detroit
Vroom Signs 102,500 SF Office Lease at Westchase Park II in Houston
Conn’s HomePlus to Open Two Stores in Metro Tampa
National Tree Signs 608,442 SF Industrial Lease in East Windsor, New Jersey
Beyond Meat to Open 300,000 SF Headquarters Near Los Angeles
Company News
Money360 Appoints Tom MacManus as CEO
Winn-Dixie Parent Company Moves Forward With Initial Public Offering
Francesca’s Receives Approval to Enter into Bankruptcy Sale Agreement, Will Keep 275 Stores Open
American Eagle Outfitters to Close Up to 225 Stores, Bolster Aerie Brand to $2B Revenue
M2G, Pennybacker Buy 1.2 MSF Former Tuesday Morning Distribution Center, Corporate Office in Metro Dallas
