News

GID Industrial announces acquisitions of two portfolios in Atlanta and Seattle totaling over 343,500sf

by RELEASED | Jun 25, 2024

GID announced the acquisition of two separate properties: Seattle Distribution Center in Seattle and Shiloh Road East & Royal Atlanta Drive in Atlanta.

VeLa Development Partners, Ray secure $120m financing for high-rise multi-housing project in Phoenix

by RELEASED | Jun 25, 2024

VeLa Development Partners and Ray announced that they secured $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multifamily residential building located in downtown Phoenix.

BKM Capital Partners acquires Columbia Commerce Center in Portland, Ore.

by RELEASED | Jun 25, 2024

BKM Capital Partners announced it acquired Columbia Commerce Park, a 10-building property in Portland’s Airport submarket, consisting of 375,429 square feet of light industrial space.

Dermody Properties, Almanac Realty Investors announce strategic minority investment

by Andrea Zander | Jun 25, 2024

Almanac Realty Investors has plans to acquire a passive, minority ownership stake in Dermody Properties. The strategic investment should provide additional resources to Dermody Properties while having no impact on the day-to-day management, operations or business decision-making process.

Ascentris, George Oliver purchase Two Old Town Scottsdale buildings

by RELEASED | Jun 25, 2024

Ascentris and Phoenix-based developer George Oliver have acquired two properties in Scottsdale, Ariz.

Affinius Capital, Kennedy Wilson originate $160m construction loan for multifamily development in Brooklyn

by RELEASED | Jun 25, 2024

Affinius Capital has originated a $160 million senior construction loan alongside Kennedy Wilson to finance 340 Nevins St.

Apple Hospitality REIT acquires the Embassy Suites by Hilton Madison Downtown

by Denise Moose | Jun 24, 2024

Apple Hospitality REIT announced the opening and acquisition of the 262-room Embassy Suites by Hilton Madison Downtown for approximately $79.5 million, or $303,000 per key.

Dominium Management sells affordable senior living community in Stillwater, Minn.

by Denise Moose | Jun 24, 2024

Dominium Management sells affordable senior living community in Stillwater, Minn.

Cityview acquires Bay Area multifamily project

by RELEASED | Jun 24, 2024

Cityview announced it has acquired Tralee Village Apartments in Dublin, Calif.

Bixby Land Co. acquires Jacksonville, Fla. industrial buildings

by RELEASED | Jun 24, 2024

Bixby Land Co. announced that it has acquired Crossroads Distribution Center Buildings 100 and 200 — two fully leased, class A industrial buildings totaling 423,056 square feet in Jacksonville, Fla.