Features
The Presentation Of Obsolescence Helps Commercial Property Owners Achieve Successful Tax Appeals
Distressed Property Outlook: Valbridge Forecasts 2021 Opportunities
Lending Activity
Ready Capital Closes $12M Acquisition Loan for Fractured Condominium Property in Metro Tampa
Lument Provides $40M Agency Loan for Refinancing of Multifamily Asset in League City, Texas
LOCAL Ventures Receives Development Financing for Apartment Project in Downtown Boise
JLL Arranges $89.5M Construction Loan for Harrison Yards Multifamily Project Near Newark
NorthMarq Arranges $24.7M Loan for Refinancing of Multifamily Asset in St. Louis
Developments
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
Cannabis Facility Construction Completes 3,000 SF Dispensary in Suburban Chicago
Sterling Properties, Wilton Near Completion of 208-Unit Multifamily Project in Northern New Jersey
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
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
Garrett Cos. Sells Multifamily Property in Centennial, Colorado to Sunroad Enterprises for $47.8M
MedProperties Acquires 42-Bed Inpatient Rehab Facility in Fargo, North Dakota
98,837 SF Shopping Center in Omaha Trades Hands for $12.7M
Affordable Housing Investment Brokerage Arranges $8.1M Sale of Levy House in Chicago
JLL Brokers $115M Sale of BB&T Center Office Tower in Uptown Charlotte
M2G, Pennybacker Buy 1.2 MSF Former Tuesday Morning Distribution Center, Corporate Office in Metro Dallas
Cushman & Wakefield Arranges $5.2M Sale of Shoppes at Cortaro Ranch in Tucson
Chozick Realty Negotiates Sale of 139-Unit Apartment Building in Hartford
JLL Negotiates $9.1M Sale of Grocery-Anchored Shopping Center in Orlando
Goldman Investment Advisors Brokers $4.1M Sale of Self-Storage Property Near Memphis
Leasing Activity
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
R.J. Brunelli Negotiates 11,878 SF Retail Lease for Family Dollar in Hawthorne, New Jersey
Company News
M2G, Pennybacker Buy 1.2 MSF Former Tuesday Morning Distribution Center, Corporate Office in Metro Dallas
Marcus & Millichap Grows Financing Division with Two Appointments
Four Springs Capital Trust Receives $50M Investment From Goldman Sachs to Grow Portfolio
Office Depot Parent Company Rejects Staples’ $2.1B Acquisition Offer
Polo Realty Group, Kay Commercial Realty to Oversee Leasing of 31,400 SF Office Building in Boca Raton
