News
Infinity Closes in on Permit for 121 LoHi Apartments
Infinity Properties has navigated the Denver city permitting process so far and is close to receiving its final permits to move ahead with a 170,000-square-foot apartment building with a rooftop pool in Denver’s Highland neighborhood (photo), also called LoHi (Lower Highland). The Denver Business Journal reports Infinity purchased the Highland lot for $5.3 million last May....
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Accesso to Start Work on Expansive Austin Redevelopment Project
Accesso will break ground on the multi-phase mixed-use project at the property at 7700 Parmer Lane in 2027, and will also renovate the existing office buildings on the campus, currently the fourth-largest office campus in the metro at 911,573 square feet. The Austin Business Journal reports that the renovations would expand the campus to more...
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Nashville Developer Buys Land for 53-Story Hotel/Condo Tower
DAC Developments paid $22 million for nearly an acre at 319 Peabody St. in Nashville that it hopes will one day be the site of a 53-story hotel and condo tower. The Nashville Business Journal reports the tower would be the tallest in Nashville. The $460 million development is slated to offer 104 condos and 405 hotel...
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BH Group, Mast Buy Out Coconut Grove Condo Owners, Redevelopment on Way
BH Group and Mast Capital bought out 39 condo owners in the Bayshore Park Condominiums at 2545 S. Bayshore Drive for $28 million, or about $718,000 per unit. The duo now own 100% of the units and has terminated the building’s condo association. The South Florida Business Journal reports they plan to replace the building,...
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Parcel Assemblage Sale Sets East Williamsburg Record for Pricing
Avison Young arranged the $13.5 million sale of a four-lot development assemblage at 873–879 Grand St. in Brooklyn’s East Williamsburg neighborhood. The firm said the sale achieved neighborhood-record pricing of $450 per buildable square foot. Miles Davis-Bosch, Patrick Madigan, Fritz Richter and Joe Moran of Avison Young represented the seller, JJL Development, in the disposition....
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S3 Capital Lends on Multi-Phase Allenhurst Residential Project
S3 Capital originated a $49-million construction loan to finance the development of a new residential community in Allenhurst, a costal enclave in Monmouth County, NJ. The project will include 28 luxury townhomes and a 23-unit fully affordable apartment building, representing the first two phases of a multi-phase residential development. The project is being developed by...
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29th Street Capital Acquires 152-Unit Missouri Multifamily Community
29th Street Capital has acquired Lakewood Terrace, a 152-unit garden-style apartment community located in Belton, Missouri, approximately 20 miles south of downtown Kansas City. Built in 2002, the garden style community offers one-, two-, and three-bedroom floor plans averaging more than 1,025 square feet. The property serves residents in the growing Cass County submarket and...
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Sagard, La Caisse Investing $490M in U.S.-Based IOS Properties
Sagard Real Estate and La Caisse are launching a partnership to invest about $490 million in industrial outdoor-storage properties across major U.S. infill markets. The partnership will pursue an industrial outdoor storage (IOS) strategy focused on key U.S. seaport markets where tenant demand is driven by proximity to major ports, population centres and trade infrastructure,...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout