Select-service hotel in Hawaii sells for $21m

by Released | Jan 21, 2022

Shapery Enterprises , has purchased Kona Bay Hotel, a 122-key, select-service hotel in Kailua-Kona, Hawaii, for $21 million.

Rents rise 14% in December for biggest jump in more than 2 years

by Released | Jan 21, 2022

Average monthly listed rents in the United States increased 14.1 percent year-over-year to $1,877 in December, according to Redfin. This was the largest annual jump since at least February 2019, the earliest month in Redfin’s rental data.

Post Brothers JV to develop $750m residential project Philadelphia

by Released | Jan 21, 2022

Post Brothers has partnered with Tower Investments in building the largest residential project in unit size in the United States.

Blackstone launches $1b affordable housing program

by Andrea Zander | Jan 21, 2022

Home Partners of America has launched Choice Lease.

Greystar Real Estate Partners, Ivanhoé Cambridge to form multifamily JV in Chile

by Andrea Zander | Jan 21, 2022

Greystar Real Estate Partners and Ivanhoé have formed a new joint venture to pursue multifamily real estate opportunities in Chile.

Holland Partner Group, NASH sells Long Beach apartment community for $156m

by Released | Jan 21, 2022

Holland Partner Group and North America Sekisui House (NASH) have sold Volta on Pine, a 271-unit core multifamily property with 1,300 square feet of ground-floor retail space in downtown Long Beach, Calif.

Local investor purchases suburban Boston retail center for $39m

by Released | Jan 21, 2022

Federal Realty Investment Trust has sold Saugus Plaza.

Legacy MCS to build mixed-use, condominium development in Austin

by Released | Jan 21, 2022

Legacy MCS has plans to develop The State at St. Elmo in South Austin, Texas.

Japan firm buys U.S. homebuilding developer

by Released | Jan 21, 2022

Sekisui House Holdings, the wholly owned U.S. subsidiary of Sekisui House, one of Japan’s largest homebuilders, has acquired The Holt Group.

Orange County retail center trades for $85.7m

by Released | Jan 21, 2022

Brixmor Property Group has purchased Brea Gateway Center.

Onyx+East and Pretium form $600m single-family, build-to-rent JV

by Andrea Zander | Jan 21, 2022

Onyx+East, a homebuilder headquartered in Indianapolis, has formed a joint venture with Pretium.

Thompson Thrift Residential to develop luxury 336-unit multifamily community

by Released | Jan 20, 2022

Thompson Thrift Residential as plans to develop Prism at Diamond Ridge.

Mast Capital, AEW break ground on second phase of Waterline Miami River Multifamily Project

by Andrea Zander | Jan 20, 2022

A partnership between Mast Capital and global real estate investment firm AEW Capital Management has launched the second phase of Waterline Miami River.

Staley Point Capital acquires L.A. industrial property for $35m

by Released | Jan 20, 2022

Staley Point Capital, with its joint venture partner Bain Capital Real Estate, has acquired 12065 Pike St., a 159,964 square-foot infill industrial asset in Santa Fe Springs, Calif.

Orange County value-add retail center sells for $39.5m

by Released | Jan 20, 2022

Gerrity Group has sold Gateway Center, a 79,001-square-foot retail destination in the Orange County community of Mission Viejo, Calif., for $39.5 million.

FCP announces $105.5m sale of Fields at Cascades Apartments in Sterling, Va.

by Released | Jan 20, 2022

FCP, with partner KETTLER, has sold Fields at Cascades Apartments in Sterling, Va., to Jair Lynch Real Estate Partners and Nuveen Real Estate for $105.5 million.

Quinn Residences expands SFR portfolio by acquiring six additional communities

by Released | Jan 20, 2022

Quinn Residences, a leading Atlanta-based owner and operator of newly built single-family rental communities, has acquired six additional properties throughout Georgia, Florida and the Carolinas.

Rockhill Capital Plans 1,807-acre mixed-use development near Fort Worth

by Released | Jan 20, 2022

Rockhill Capital and Investments has acquired Shoop Ranch in New Fairview, Texas.

Ridgeline Property Group plans for 416-acre, logistics park in Minooka, Ill.

by Andrea Zander | Jan 20, 2022

Ridgeline Property Group has plans to develop a 416-acre Logistics and Rail Park known as I-80 Logistics Park.

Cortland appoints Jason Kern to president of investment management

by Released | Jan 20, 2022

Cortland has appointed Jason Kern to president of investment management, a new role created to support the firm's continued growth in the United States and overseas.

PS Business Parks names interim president and CEO

by Released | Jan 20, 2022

PS Business Parks has appointed Stephen Wilson as interim president and CEO and Maria Hawthorne as interim COO.

Construction loan arranged for Inland Empire distribution facility

by Released | Jan 20, 2022

USAA Real Estate has plans to develop Beaumont Crossroads II, an 816,000-square foot, build-to-suit industrial distribution facility in the Inland Empire community of Beaumont, Calif.

Greystone forms JV with Passco Cos. for DST investment sector

by Released | Jan 19, 2022

Greystone and Passco Cos. have announced a strategic alliance.

Realterm completes 1.8msf, 22 property sale

by Released | Jan 19, 2022

Realterm has sold all 22 properties in its Realterm Logistics Fund II (RLF II) portfolio.

DataBank to acquire Houston-area data centers from CyrusOne

by Released | Jan 19, 2022

DigitalBridge Group’s portfolio company DataBank has agreed to acquire four existing data centers in the Houston metro area from CyrusOne Inc.