Regions
TODAY’S DEALS: CityR Group Grabs 672 Units in Illinois
Eastern Union arranges financing for a CityR Group buy; BBVA Compass provides $30 million for an acquisition in Mesa, Ariz.; and Greystone originates $30.5 million for a four-property purchase in North Carolina.
Raintree Bulks Up Its SoCal Apartment Portfolio
Raintree Partners has acquired five multifamily properties in Los Angeles County totaling 327 units.
Unusual Amenities to Attract Renters
Bell Partners’ new community offers Wii and Xbox as amenities, and allows resents to have non-poisonous frogs.
The Benefits of Being Walkable
Mill Creek Residential and AEW Capital Management announce the grand opening of a new walkable community.
TODAY’S DEALS: AvalonBay Eyes NYC’s Upper West Side
AvalonBay buys a development site in New York; and Toronto’s Milestone Apartments REIT completes a $40 million Orlando acquisition.
Gross Domestic Product Up. Will That Benefit CRE?
The GDP might be stronger than it seems in ways that could benefit the commercial real estate industry.
Peak Campus Hires Vice President of Marketing
Peak Campus Management, one of the largest private held operators of student housing in the United States, announced the hiring of Allison Weber as vice president of marketing.
Creating Economic Stimulus with Seniors Housing
Dominium, an apartment development and management company, is on track to complete two affordable seniors housing developments this summer.
TODAY’S DEALS: Walker & Dunlop Arranges Florida Acquisition Financing
Walker & Dunlop closes a 15-year Freddie Mac loan; Greystone lands $19.5 million for an Atlanta acquisition; and Berkeley Point Capital facilitates a cash-out Fannie Mae loan.
Blackstone Sells Prime Office Building in Sydney to Chinese Dalian Wanda Group
Blackstone Real Estate Partners VI, through its portfolio company, Valad, has agreed to sell its first major property investment in Australia, namely the iconic Gold Fields House in Sydney’s central business district.