Finance & Investment
LaSalle Investment Management Buys Vegas Community for $156M
JLL arranged the sale of the property located in Spring Valley, Nev.
Bellwether Housing Pays $49M for Seattle-Area Properties
Citibank and Amazon financed the acquisition.
U-Haul Converts Old Georgia Cinema to Self Storage Facility
The adaptive reuse project will add 500 climate-controlled units to the company’s portfolio.
CubeSmart Self Storage Facility Trades
Completed in 2019, the property has 402 climate-controlled units.
Seattle-Area Military Housing Community Trades for $72M
Newmark originated $44 million in Freddie Mac financing for the acquisition.
Fairstead Commits $500M to Affordable Housing Strategy
The equity will expand the firm’s portfolio and operations.
Inland Empire Community Trades for $46M
SB Real Estate Partners plans to inject $2.5 million to renovate the 124-unit Redlands asset.
Cushman & Wakefield Invests $500M in Greystone
The global services company will take a 40 percent stake in the finance specialist’s agency, FHA and servicing platforms.
Athena Real Estate Buys Mississippi MHC
Wells Fargo Bank originated $2 million in Fannie Mae acquisition loan for the buyer.