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Elliott Bay Capital Trust sells $142m portfolio

by Released | Nov 7, 2019

Elliott Bay Capital Trust has sold the $142.9 million sale of a 50-property national investment-grade portfolio totaling approximately 430,000 square feet across 22 states.
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Grocery- and drug-anchored shopping center sets record in Orange County

by Released | Nov 7, 2019

LaSalle Investment Management has sold the Aliso Creek Shopping Center, a 49,149-square-foot, fully leased community shopping center with necessity-based anchors located along the Pacific Coast Highway in the Southern California community of Laguna Beach, Calif.
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CPPIB, GIC JV acquires student housing community in Austin

by Andrea Zander | Nov 6, 2019

Scion Student Communities, a student housing joint venture between Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group, has acquired MUZE, a newly developed student housing community serving the University of Texas at Austin.
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Mesa West provides $76m construction loan for office tower

by Released | Nov 6, 2019

A joint venture of an affiliate of American Real Estate Partners and developer Oliver Tyrone Pulver Corp (OTPC) has received a $76.5 million loan from Mesa West Capital for the construction of Seven Tower Bridge.
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Multifamily development: A bright spot in opportunity zone initiative

by Andrea Zander | Nov 6, 2019

While transaction volumes do not appear to have an impact on aggregate demand, demand has shifted around in some ways and there are meaningful localized impacts, including the rise in development site acquisitions since the start of the opportunity zone program, reported CBRE.
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JV sells garden-style apartment community in Houston

by Andrea Zander | Nov 5, 2019

A joint venture between WillMax Multifamily Investors and Thackeray Partners has sold Steeplecrest, a 260-unit, garden-style apartment community in Northwest Houston’s Jersey Village submarket.
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