Shopoff Realty Investments and Artemis Real Estate Partners have sold sale of their I-10 Logistics Center project to a Brookfield Asset Management real estate fund.
A joint venture between non-U.S. offered real estate funds managed by Credit Suisse Asset Management and real estate funds managed by Trinity Fund Advisors, an affiliate of full-service private real estate investment firm Trinity Real Estate Investments, has acquired The Diplomat Beach Resort in Hollywood, Florida from a Brookfield private real estate fund.
The New York State Common Retirement Fund (NYSCRF) has acquired a portfolio of five medical office buildings from Heitman Capital Management Separate Account for $73 million.
Equity REITs advanced 10.7 percent in January, according to the FTSE Nareit Equity REITs Index, amid a broad-based stock market recovery. The S&P 500 Index rose 6.3 percent in January, and the tech-heavy Nasdaq Composite increased 10.7 percent.
Christina Development Corp. has secured a $1.16 million loan from Citizens Business Bank to refinance 1128 Larrabee, a recently acquired, fully occupied, six-unit multifamily apartment project located north of the world-famous Sunset Strip in West Hollywood.
During the past year, markets — and investors — have been reeling from a dizzying number of interest-rate hikes by central banks globally to tame inflation.
Tishman Speyer has purchased The Eddy, a recently constructed, high-rise apartment tower located on the East Boston waterfront, from The Green Cities Company for $135 million.
LRE & Cos. and American Hospitality Services have unveiled full plans for Roseville Junction, a new mixed-use development in Roseville, Calif., a suburb of Sacramento.
CBRE Investment Management, on behalf of a separate account client, has acquired Madison Place, a 226-unit residential property located at 3125 Furr Court in Charlotte, N.C.