Business Specialties
Fincapital Investments Pays $38M for Jacksonville Asset
The seller acquired the property in 2017 for $14.4 million.
Compass Properties JV Lands $74M for Wisconsin Project
Bakers Place has been designed to achieve LEED Gold certification.
Andover Properties Expands Dallas Storage Footprint
The 322-unit property will operate under the Storage King USA brand.
Blackstone REIT Gets $4B Infusion From UC Investments
Blackstone will contribute $1 billion of current BREIT holdings to the new strategic venture with the University of California.
Aventon Breaks Ground on Luxury SC Project
The company’s first luxury project in the Palmetto State will be located in Charleston and feature 394 units.
Brazos Residential Expands North Carolina Portfolio
The transaction marks the company’s 10th acquisition in the state during 2022.
DC Agency Funds $125M for 2 Communities
Financing for the affordable projects included LIHTCs and tax-exempt bonds.
UMH Properties, Nuveen JV Buys 2nd Florida MHC
Rum Runner includes 144 homesites.
Talos Holdings Lands $85M for Phoenix-Area Project
Northmarq secured the financing package, which exceeded an 80 percent loan-to-cost ratio.
Harbor Group, Cammeby’s Purchase 932-Unit Connecticut Asset
CBRE Capital Markets arranged $124.5 million in CMBS financing for the acquisition.