Plano, TX TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Sheridan Park at Spring Creek Apartments, a 300-unit multifamily property. The transaction purchase price, comprised of $50.3 million, includes the building
Bethlehem, PA Cronheim Mortgage has secured $44.5 million to refinance two garden-style residential complexes. The cash-out transaction offered an opportunity for the sponsor, Larken Associates, to harvest equity for other development projects
San Diego, CA BH Properties (“BH”), a vertically integrated, value-add real estate investment company, continues its streak of acquisitions with the purchase of Hazard Center, a 405,250 s/f mixed-use campus. Terms of the transaction
Hoboken, NJ In one of the largest Northern New Jersey office leases of the year, Unilever (NYSE: UL), the world’s sixth largest consumer goods company, has selected SJP Properties’ Waterfront Corporate Center I for its U.S. Headquarters
Asbury Park, NJ Partner Engineering and Science, Inc. (Partner) announced the August opening of its new office building. The office, which is set to open on August 26 pending final inspection, will serve as Partner’s east coast headquarters
West Caldwell, NJ A global brand of hand-crafted gourmet pastries, coffee and tea has acquired a 30,000 s/f industrial property in a sale arranged by NAI DiLeo-Bram & Co. (NAIDB) for an undisclosed price. The property, which is located at 8 York Ave.
Newport Beach, CA BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has executed a $110 million recapitalization of a five-property light industrial portfolio. The transaction also marks an expansion of BKM’s partnership
Denver, CO Capstone has closed the sale of 3733 Decatur St, a 7-unit multifamily property for the sale price of $1.3 million. Christian Burgdorf of Capstone brokered the transaction
Newport, NJ According to LeFrak Commercial, Newport Associates Development Company and the owners of Downtown Brooklyn’s Japanese restaurant Teppan Territory, the opening of Blue Anchor Bar + Kitchen, the newest culinary offering to debut in
Los Angeles, CA TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, has completed $146.7 million in asset recapitalizations in two U.S. markets. The transactions include Tesoro Ranch Apartments, a 400-unit community in the Las Vegas
