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Madison Marquette with JV partner acquires senior living portfolio

by Andrea Zander | Jul 25, 2019

Madison Marquette in a joint venture with GFH Financial Group B.S.C., a Bahrain-based asset management, wealth management and commercial real estate development group, has acquired a portfolio consisting of six private-pay senior living communities in California, Washington and Michigan.

Hamilton Zanze acquires Maryland apartment community

by Released | Jul 25, 2019

San Francisco–based real estate investment firm Hamilton Zanze (HZ) has acquired The Reserve at Ballenger Creek Apartments in Frederick, Md. (Washington, D.C., metropolitan area).

Chesapeake Lodging Trust sells NYC hotels

by Released | Jul 25, 2019

Chesapeake Lodging Trust has entered into an agreement to sell the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for $138.0 million.

Google makes second largest Bay Area transaction

by Andrea Zander | Jul 25, 2019

Google has plans to acquire $1 billion worth of assets and land in northern Sunnyvale, Calif., from Verizon Communications and its affiliates, reported media outlets.

June construction starts climb 9 percent

by Released | Jul 24, 2019

New construction starts in June advanced 9 percent from the previous month to a seasonally adjusted annual rate of $832.7 billion, according to Dodge Data & Analytics.

CPP closes financing on five communities

by Andrea Zander | Jul 24, 2019

Adding 256 units to its development and partnership portfolio, Community Preservation Partners (CPP) announced a $10 million purchase of five communities in Imperial County, Calif.

Roxborough Group and SBREP buy Phoenix apartments for $32m

by Released | Jul 24, 2019

A joint venture between an affiliate of The Roxborough Group and SB Real Estate Partners (SBREP) has acquired Sonoma Sol, which will be renamed Cordova Apartments, a 320-unit multifamily property in Phoenix’s West Valley.

U.S. office absorption up slightly during Q2 2019

by Released | Jul 24, 2019

The current outlook for the U.S. office market indicates that it is likely to maintain a path of methodical growth through the rest of 2019, reported Newmark Knight Frank.
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