News
Northwood Ravin Adding More Apartments to Ballantyne Corporate Park
Northwood Ravin has plans for a multifamily tower and ground-floor retail space at 14180 Stream Way in Charlotte, marking the third office tower for the company at the Ballantyne Corporate Park (pictured). Currently a temporary surface parking lot, the property sits between The Amp Ballantyne and Oro Ballantyne, another Northwood tower. The Charlotte Business Journal reports...
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Nashville Condo/Hotel Developer Secures $130M Construction Loan
Vastland Co. inked a $130 million construction loan for a Vanderbilt University-area hotel/condo tower. Voce will rise 25 stories on Hayes Street. Peachtree Group provided the financing. The $180 million development is slated to offer 192 condo residences and 114 hotel suites. In addition to the hotel/condo rooms, another 56,000 square feet will be allocated...
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Feds to Invest $6B in Transportation Infrastructure
The federal government has launched two trade-infrastructure funds totalling $6 billion to move more exports to countries other than the U.S. The funds are geared toward enhancing transportation infrastructure. “Canada is building the trade and transportation corridors of tomorrow,” said Steven MacKinnon, the federal transport minister. “These infrastructure investments will create skilled, well-paid jobs, strengthen...
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USC Lusk Team Takes Home Silver Shovel in 28th Annual NAIOP SoCal Challenge
The five-member student team from the Lusk Center at USC’s Marshall School of Business and Price School of Public Policy took home the Silver Shovel as the winning team at the 28th annual NAIOP SoCal USC vs. UCLA Real Estate Challenge, held Nov. 20. The annual competition pits graduate student teams from the Ziman Center...
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Interstate Equities Adds San Jose Apartments to Portfolio
Interstate Equities Corporation (IEC), a vertically integrated real estate investment and management firm specializing in multifamily properties throughout California and the Seattle area, has acquired Atrium Garden, a 160-unit multifamily community in San Jose, for $18.45 million. The transaction marks IEC’s continued expansion throughout high-demand West Coast markets, whereattainable, quality housing options remain scarce, said...
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$10B One Beverly Hills Launches Vertical Construction
Vertical construction has launched at One Beverly Hills, the $10-billion master-planned development at the western gateway of Beverly Hills. Phased completion is expected to begin in 2027, according to Cain and its development partners. Spanning 17.5 acres, the project will introduce lifestyle and hospitality brand Aman to the West Coast, with two Aman-branded residential towers,...
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Berklee College of Music Acquires Development Site Adjacent to Campus
Berklee College of Music has bought a Fenway site permitted for 400 residential units in a move to increase its space on campus, reported the Boston Business Journal. The site, located between Berklee’s campus and Fenway Park, sits just off the Massachusetts Turnpike, giving Berklee an opportunity for greater visibility and a way to connect...
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Tremont Realty Capital Closes $37M Loan for Maryland Student Housing Property
Tremont Realty Capital, the commercial real estate finance division of The RMR Group, has provided a $37 million loan for a student housing property in Maryland. The recently originated $37.3 million first mortgage loan secured by Mazza Grandmarc, a 628-bed, 232-unit, student housing property in College Park. The property primarily serves students at the University...
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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