Business Specialties
On the Market: 5 Interesting CRE Listings for the Week of 8/15
This week’s selections include a Victorian-era building in downtown Bangor, Maine and an infill site near Arizona State University in Tempe, Ariz.
Steadfast REIT Grows in Peachtree State
The non-traded multifamily REIT sponsored by the private investment company paid about $56 million for a freshly renovated garden-style community in Marietta, Ga.
CIM Starts Building Downtown L.A. Tower
The project will deliver 525 units in the city’s popular South Park district.
High-Rise Fetches High Price in Buckhead
Simpson Housing paid $137 million for the 370-unit property, part of an upscale mixed-use project developed by OliverMcMillan.
Product Spotlight: Exitronix Emergency Lighting
The new emergency lighting designs offer time- and cost-saving maintenance features.
Opus Launches Big Metro Denver Project
A luxury community marks the start of a 42-acre, 1.8 million-square-foot development in Centennial, Colo., that will encompass residential, retail, office and hotel components.
South Florida Community Trades for $12.4M
The 114-unit property in Margate is under new ownership for the first time in 27 years.
Cronin Plans $260M High-Rise on Boston Waterfront
Two restaurants would make way for a 22-story, 124-unit condominium building.
UIP Buys D.C. Building with a History
Urban Investment Partners plans 250 market-rate units for a former college dorm and hotel that played a cameo role in the Watergate scandal.
NC Student Housing Secures $42M Refi
Capstone Capital arranged refinancing for a new off-campus facility in Greenville developed by Taft Development and Ward Holdings.