Property Type

Sansone Group, Priseda Acquire 214,000 SF Data Center in Metro D.C.

by Abby Cox August 15, 2025

SILVER SPRING, MD. — A partnership between St. Louis-based Sansone Group and locally based data center operator Priseda has acquired a 214,000-square-foot data center located in Silver Spring, just north of Washington, D.C. JLL Capital Markets arranged acquisition financing through Maryland-based Poverni Sheikh Group (PSG). The tier IV data center currently supports mission-critical operations and is slated for infrastructure enhancements, including the modernization of tier transitions, which will improve data center infrastructure performance and reliability, as well as an expansion of power capacity up to 100 megawatts. The new ownership is actively leasing the property and has secured a long-term lease with an undisclosed anchor tenant.

August 15, 2025

Development Multifamily New Jersey Northeast

NRP Group Completes 401-Unit Multifamily Project in Jersey City

by Taylor Williams August 15, 2025

JERSEY CITY, N.J. — The NRP Group, a Cleveland-based multifamily developer, has completed Oliver on the Hudson, a 401-unit multifamily project in Jersey City. Designed by KTGY with interiors by Bergmeyer, Oliver on the Hudson offers studio, one-, two- and three-bedroom units, some of which feature private balconies. Amenities include two interior courtyards, a pool, outdoor lounge areas, a fifth-floor sky lounge, clubhouse, fitness center, a catering kitchen with a private dining room, coworking spaces and a 24-hour package concierge system. NRP Group developed the property in partnership with G&S Investors and Rockwood Capital. Rents start at roughly $2,500 per month for studio apartment.

August 15, 2025

Affordable Housing Loans Multifamily Southeast Virginia

Insight Recapitalizes Affordable Housing Property in Arlington With Equity from LEO Impact Capital

by Abby Cox August 15, 2025

ARLINGTON, VA. — LEO Impact Pool, an investment vehicle managed by LEO Impact Capital, has provided a preferred equity investment to Insight Property Group for Haven Columbia Pike, a 118-unit, garden-style apartment community in Arlington. LEO’s investment allows Insight to recapitalize the property, fund significant capital improvements and dedicate all available units to workforce housing for families earning 60 percent or less of the area median income (AMI). Located at 805 S. Florida St. near the Pentagon, Haven Columbia Pike features a mix of one- to three-bedroom apartments ranging in size up to 722 square feet, according to Apartments.com. Amenities at the pet-friendly community include 99 off-street parking spaces, bike storage, landscaping and individual storage units.

August 15, 2025

Development Loans Multifamily Northeast Rhode Island

ACRES Capital Provides $19M in Financing for Multifamily Project in Warwick, Rhode Island

by Taylor Williams August 15, 2025

WARWICK, R.I. — ACRES Capital has provided $19 million in financing for Matteson Ridge, an age-restricted multifamily project in Warwick, about 50 miles south of Worcester, Mass. The undisclosed borrower will use the proceeds to refinance existing debt on 29 townhouse units that are fully occupied, as well as to fund construction of 53 garden-style apartments. Residences are furnished with stainless steel appliances, granite countertops, custom cabinetry, coffee bars, laundry rooms and attached one-car garages.

August 15, 2025

Industrial Leasing Activity New Hampshire Northeast

IMS Signs 86,954 SF Industrial Lease in Londonderry, New Hampshire

by Taylor Williams August 15, 2025

LONDONDERRY, N.H. — Intelligent Manufacturing Solutions (IMS) has signed an 86,954-square-foot office lease in Londonderry, located near the Massachusetts-New Hampshire border. The circuit board assembler is relocating and expanding from 645 Harvey Road to 12 Innovation Way, a 233,839-square-foot building. Rich Ruggiero, Brian Pinch and Tyler McGrail represented the landlord, regional investment firm R.J. Kelly, in the lease negotiations.

August 15, 2025

California Development Hospitality Industrial Restaurant Retail Western

CH Realty Partners Receives Approval for 622-Acre Industrial, Commercial Project in Beaumont, California

by Amy Works August 15, 2025

BEAUMONT, CALIF. — CH Realty Partners (CHRP) has secured full entitlements for Beaumont Pointe, a 622-acre industrial and commercial development in Beaumont. In early 2026, CHRP will begin construction on Phase One, encompassing 2 million square feet of industrial space spread across two buildings. Located along the south side of State Route 60 west of Jack Rabbit Trail, Beaumont Pointe will include 5 million square feet of Class A industrial and logistics space across six buildings, 246,000 square feet of general commercial space, a 125-room hotel and 277 acres of open space and conservation area. At full build-out, the project is estimated at $1.5 billion in total development value and is expected to support more than 5,400 jobs and significantly expand Beaumont’s tax base. The Contract for Difference (CFD) structure ensures infrastructure such as roads and utilities as privately funded by the project itself. Final Local Agency Formation Commission (LAFCO) approvals for annexation and water service extension were approved in July 2025.

August 15, 2025

California Loans Multifamily Western

JLL Secures $51.5M Senior Loan for Mossdale Landing Apartments in Lathrop, California

by Amy Works August 15, 2025

LATHROP, CALIF. — JLL Capital Markets has secured a $51.5 million senior loan for Mossdale Landing Apartments, a multifamily property in Lathrop. Jeff Sause and Jalynn Borders of JLL arranged the five-year, fixed-rate financing through a correspondent life insurance company for the borrowers, Rubik Built, Wright Equities and The Grupe Co. Located at 18008 Golden Valley Parkway, Mossdale Landing Apartments offers 204 one-, two- and three-bedroom floor plans across 196,686 square feet of rentable space. The property features a communal lounge, fitness studio, swimming pool with cabanas, spa, barbecue grilling stations, meditation room, dog spa and an electronically accessible Amazon mailing room.

August 15, 2025

Affordable Housing Colorado Development Multifamily Western

Evergreen Real Estate to Develop 60-Unit Affordable Housing Property in Denver

by Amy Works August 15, 2025

DENVER — Chicago-based Evergreen Real Estate Group has closed on a land parcel and received a 9 percent Low-Income Housing Tax Credit (LIHTC) award through the Colorado Housing and Finance Authority (CHFA) for the development of The Ford Apartments, an income-restricted rental community in Denver’s Baker neighborhood. Evergreen plans to break ground on the project in early 2026. Located at 155 W. 5th Ave., the site is situated on an underutilized parking lot adjacent to the Denver Health Hospital Campus. The six-story property will offer 60 one-, two- and three-bedroom floor plans for households earning between 30 percent to 80 percent of the area median income. The units will feature Energy Star appliances packages, LED lighting, step-in showers, in-unit laundry, low-flow plumbing fixtures and vinyl plank flooring. Onsite amenities will include a community room, fitness center, coworking space, children’s playroom and secure bike storage. Additionally, the property will offer a 48-stall onsite parking lot. Family Tree will have an onsite office and provide services to help enhance residents’ lives and economic mobility. The project team includes Meridian 105 Architecture as architect and Milender West as general contractor.

August 15, 2025

Acquisitions California Office Western

UNFOLD Acquires Creative Office Building in Culver City, California for $11M

by Amy Works August 15, 2025

CULVER CITY, CALIF. — UNFOLD has purchased an ultra-creative office building, located at 11811 Teale St. in Culver City, from Therapy Studios for $11 million. UNFOLD also owns the adjacent building at 11801 Teale St. The buyer plans to create a campus environment with the acquisition of 11811 Teale Street. The 13,110-square-foot property is a semi-circular, Quonset hut-style creative office building featuring polished concrete floors, high/open ceilings and recording studios. The building previously served as a manufacturing support facility for the Hughes Aircraft Co. before being converted and renovated in 2018. Founded in 2012, UNFOLD is a digital creative agency that has grown to over 150 people with full-service capabilities in media, digital advertising, social media, website development and production services. Ben Silver of JLL represented UNFOLD, while Travis Landrum and Trevor Beldon of Industry Partners represented the seller in the deal.

August 15, 2025

Industrial Loans Washington Western

Gantry Arranges $11M Loan for Refinancing of Seattle-Area Industrial Portfolio

by Amy Works August 15, 2025

MARYSVILLE, TUKWILA AND KENT, WASH. — Gantry has secured an $11 million permanent loan to refinance a portfolio of Seattle-area industrial properties in Marysville, Tukwila and Kent. Totaling 124,640 square feet, the four-building portfolio is fully leased to multiple tenants. Mike Wood and Tim Brown of Gantry represented the borrower, a private real estate investor. A life insurance company provided the 10-year, fixed-rate loan, which features interest-only payments for the full term.

August 15, 2025

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