Features
M&T: Positives in Seniors Housing Include Rate Environment, Available Assistance
Lenders See Opportunity Amid Adversity, Forecast Survey Reveals
Lending Activity
Berkadia Originates HUD Refinancing for Three Multifamily Properties in Virginia Totaling $81.7M
KeyBank Closes $46.5M Freddie Mac Loan for Multifamily Property in Concord, North Carolina
CBRE Arranges $60.4M Construction Financing for The Springs at Happy Valley Seniors Housing in Oregon
Panoramic Interest Receives $104M in Refinancing for City Gardens Apartments in San Francisco
American Street Capital Arranges $8M Acquisition Loan for Multifamily Portfolio in Kenosha, Wisconsin
Developments
Procopio Cos. Begins Leasing 259-Unit Caldwell Apartments in Metro Boston
Trammell Crow, Clarion Partners Acquire 25-Acre Site for Tolleson 107 Logistics Center in Arizona
De La Vega Nears Completion of Phase I of The Central Mixed-Use Project in Dallas
CT Realty, Clarion Partners Break Ground on 145,840 SF South Bay Logistics Center in Carson, California
CGI Merchant Group Invests $30M to Develop New Hotel, Training Center at Morris Brown College in Atlanta
Conor Commercial Underway on Development of 436,500 SF Spec Industrial Project in Bartlett, Illinois
Automotive Retailer to Open $30M Fulfillment Center, Dealership in Tampa Bay Area
Merlin Entertainments, Hasbro to Build Peppa Pig Theme Park in Central Florida
Toll Brothers Completes 421-Unit Carraway Apartments in West Harrison, New York
CBRE Arranges $60.4M Construction Financing for The Springs at Happy Valley Seniors Housing in Oregon
PCCP, Panattoni to Build 730,880 SF Industrial Project in Hagerstown, Maryland
ML Realty Partners Completes 115,924 SF Spec Industrial Building in Glendale Heights, Illinois
Acquisitions
Cooper Group Brokers $6.3M Sale of Overland Pointe Marketplace in Suburban Kansas City
Brinkman Enters Montana Market, Acquires 128-Unit King West One Apartments in Billings
Disney Investment Group Arranges Sale of 124,289 SF Towne North Shopping Center in Irving
JLL Income Property Trust Buys Southeast Phoenix Distribution Center for $91M
NewcrestImage Buys 325-Room Historic Magnolia Hotel in Downtown Dallas
PRP Acquires Interest in AmerisourceBergen’s 429,122 SF Metro Philadelphia Headquarters Building
Oak Residential Partners Acquires 249-Unit Apartment Community in Suburban Twin Cities
Wheelock, Camber Buy Life Sciences Building in Northborough, Massachusetts, for $33M
Crusader Insurance Sells 46,889 SF Office Building in Calabasas, California
Marcus & Millichap Brokers Sale of Torchy’s Tacos-Occupied Building in Denver for $3.2M
CIM Group Completes 163-Unit Multifamily Project in Brooklyn’s Crown Heights Area
Elion Partners Buys Industrial Property in Elizabeth, New Jersey, for $29.7M
Leasing Activity
Global Wireless Provider Signs 274,994 SF Industrial Lease in Flower Mound, Texas
Costco Leases 30,000 SF at Woodfield Preserve Office Center in Schaumburg, Illinois
Global One Logistics to Occupy 262,260 SF LogistiCenter at Park Meridian in Riverside, California
CBRE Negotiates 130,000 SF Industrial Lease in Lodi, New Jersey
CBRE Arranges $30.1M Sale-Leaseback of Grocery Store Portfolio Across Arkansas, Missouri
Company News
Apollo Global Management Enters into Agreement to Take Michaels Private in $5B Transaction
Walker & Dunlop Hires Former Berkadia Multifamily Investment Sales Team in Houston
CapRock Partners Transacts 10 MSF of Industrial Real Estate, Opens Two Offices During 2020
Papa John’s Sales Up 12.5 Percent in Fourth-Quarter 2020
Home Depot, Lowe’s Sales Increased in Fourth-Quarter 2020 Despite Pandemic
