Boston Capital announced the closing of The California Corporate Tax Credit Fund IX, a portfolio of six affordable apartment properties for families in California, with a fund size of $84 million.
Opp Zone Capital (OZC), a Delaware limited liability company, is seeking investors for its new qualified opportunity fund, targeting mixed-use, multifamily, self-storage and hotel development assets in the Southeast and Southwest United States.
Hines, Urban Atlantic, and Triden Development Group along with joint venture partner, Bridge Investment Group, have closed on one-and-a-half acres at The Parks at Walter Reed to develop The Hartley, a 323-unit luxury, multifamily property, anchored by natural and organic grocer Whole Foods Market.
Most tenants are seeking deferrals, and discussions are widespread, said Juniper Square customers in the firm’s survey of the impact of COVID-19 on areas such as rent collections, lender workouts and overall outlook.
Hong Kong–based Button Capital has paid $63.5 million for Park Place at Fountain Hills, a class A multifamily community located in Fountain Hills, Ariz.
DLC Management Corp. has sold Five Forks Corners, an 88,646-square-foot, dominant, Publix-anchored shopping center in the affluent Atlanta-area submarket of Lilburn, Ga.
The most job losses will be concentrated in the lodging and hospitality, retail trade, mining, logging, and construction sectors; however, the impacts will vary by metro, reported Yardi Matrix, with tourism-focused markets among those at greatest risk.
BSR REIT has sold three noncore properties, comprising 632 apartment units, as part of the REIT's portfolio enhancement and capital recycling strategy.
Brennan Investment Group has promoted Luke McCarthy to senior associate with a focused responsibility to acquire industrial assets in the Milwaukee/Minneapolis markets.
CBRE Econometric Advisors (CBRE EA) projects multifamily fundamentals will take a sharp downturn before a rebound beginning in the fourth quarter 2020 for vacancy and first quarter 2021 for rents.
There are certain considerations that investors should consider when investing in data centers: lease structures, the illusion of smaller devices and data usage.
A joint venture among Strategic Properties of North America, Integrated Capital Management and South Korean investment firm Mirae Asset Daewoo has acquired a rental tower north of downtown Chicago.
Senior housing occupancy decreased slightly to 87.7 percent in first quarter 2020, according to new data from the National Investment Center for Seniors Housing & Care.
Big Lots has entered into sale and leaseback agreements with affiliates of Oak Street Real Estate Capital relating to the company's distribution centers.
The $388.9 billion California Public Employees’ Retirement System (CalPERS) has promoted Daniel Bienvenue to deputy CIO for the total portfolio strategy.
Packing House Square, a mixed-use center located at 18180-18389 Yorba Linda Blvd. in Yorba Linda, Calif., will be repositioned into a medical arts plaza with a medical anchor tenant.
Fairlawn, Ohio-based Cedarwood Development, an affiliate of Cedarwood Cos., has completed construction of its first self-storage facility in the United States, a 787-unit, 117,000-square-foot property located at 930 Sligh Boulevard in Orlando.