News by subject: RLE

Hilco Real Estate, LLC, announces May 17, 2024 as the bid deadline for the Chapter 11 bankruptcy sale of two commercial condominiums in New York City's historic Greenwich Village. These condominiums occupy the first and second floor of the building...

London, May 1st, 2024 - In a landmark ruling with far-reaching implications for third parties in Crown Court proceedings, UK-based legal firm Rainer Hughes has played a pivotal role. The Court of Appeal has reasserted the rights of third parties,...

Tempus Realty Partners, an Arkansas-based real estate investment partnership, is thrilled to announce the acquisition of an industrial property valued at $7.6 million. The strategic purchase marks a significant milestone for Tempus, as the company's...

Hilco Real Estate, LLC, announces June 6, 2024 as the qualifying bid deadline for the Chapter 11 bankruptcy sale of two industrial properties, located in Pennsylvania and West Virginia. Both properties are income-producing and stabilized with...

NAS Investment Solutions (NASIS), a national sponsor of high-quality real estate investment properties, sold all available investment equity in the company's latest multifamily investment property in just sixty days from the date of the asset's...

NexPoint Residential Trust, Inc. ("NXRT" or the "Company") announced today the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, NC, a 225-unit property built in 1991.  The property was acquired for $24.3 million on September 30,...

Net Lease Office Properties today announced the sale of the following three office properties in March and April for gross proceeds totaling approximately $131.6 million....

Lennar, one of the nation's leading homebuilders, announces the grand opening of Stoneriver, a new master-planned community, bringing a premier selection of single-family and townhome designs, and a host of resort-style amenities, to Knightdale,...

CONX Corp. (the "Company" or "CONX"), completed its previously announced transaction pursuant to the terms of the purchase and sale agreement (as amended by that amendment to the sale and purchase agreement, the "Purchase Agreement"), dated as of...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has acquired Pointe on Rio in Austin, Texas. Pointe on Rio, soon to be...

Rainbow Realty Group IV, LLC ("Rainbow"), in collaboration with Rainbow Realty Group II, LLC, GEMA CP Fund I LLC, and MJ Real Estate Investment Trust, announced the closing of a senior mortgage secured by a highly advanced cannabis cultivation...

Dalfen Industrial has announced the acquisition of five industrial outdoor storage ("IOS") sites along the west coast. The assets were acquired into a venture with Centerbridge Partners, L.P. ("Centerbridge"). The venture is rapidly expanding its...

DoveHill Capital Partners (DoveHill), known for its hospitality-centric unique approach in the real estate space, announces its diversification into a second vertical and its first acquisition in that vertical....

Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Fairfax Business Center in Greensboro, NC for $4,780,000. The 66,500-square-foot multi-tenant industrial office park was purchased in August 2019 for...

New Perspective, a rapidly growing senior living company, has secured more than $200 million in bridge loan, preferred equity and common equity with its partners BMO, Fengate and Boldt to facilitate the acquisition and financing of six senior living...

JBM® Institutional Multifamily Advisors has brokered the sale of the 357-unit multifamily community ? The Marquis of Tampa, now known as Windsor Highwoods Preserve. This is the 2nd time JBM® has sold the 1998-built Tampa asset....

U-Haul® has acquired the former Assured Storage® property at 2214 Beltline Road SW in Decatur to better meet the self-storage needs of Morgan County....

Notorious Pirate Island Is Now $50 Million Luxury Resort Where Real Estate Is Never Boring!Black Sam Bellamy was one of the most notorious and wealthiest pirates of the...

Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that Jessup House, located at 12th and Sansom, and open...

Thompson Thrift, a full-service nationally recognized real estate company, announced today the sale of Oakbrook Townhomes, an 89-unit multifamily community located in the Nashville suburb of Franklin. The Nashville Walker & Dunlop team brokered the...

To tackle the pressing issue of affordable student housing, International Business University (IBU) is thrilled to announce its partnership with SpacesShared, a pioneering online home-sharing platform, IBU (International Business University)...

Rise48 Equity, a leading multifamily investment group, today announced the acquisition of Mosaic Apartments in the DFW area of Texas. This 288-unit complex marks a significant milestone as the company's 50th acquisition since 2019 and its 10th in the...

The Benoit Group, a national multifamily and commercial real estate developer, owner, and operator headquartered in Atlanta, in partnership with Atlanta Housing, Georgia's largest public housing authority, announced the financial closing for the...

Florida's housing market in March and the first quarter (1Q) of 2024 reported more new listings, higher median sales prices and increased for-sale inventory (active listings) compared to a year ago, according to Florida Realtors®' latest housing...

Albanese Cormier ("AC" or the "Company") announced that it has closed the acquisition of Rancho Las Palmas ("Rancho Las Palmas" or "The Property"), a 162,380 square foot, grocery and drug-anchored shopping center located in Rancho Mirage, California....

These properties consist of 18 individual properties located in Hinds, Madison, and Rankin Counties, MS. Several of these properties have been under the same ownership for over 70 years....

Fannie Mae today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio....

Originally founded in Texas, leading massage and wellness franchise, Massage Heights, inks a multi-unit agreement to continue expanding in their home state. The two new locations will provide an elevated experience to those in the Dallas-Fort Worth...

Cove Capital Investments announced it has released an exclusive 360-degree aerial video of its Pharmacy Net Lease 65 DST a Regulation D Rule 506 (c) offering in downtown Encinitas, CA. This offering is available for 1031 exchange as well as direct...

Hilco Real Estate, LLC (HRE), in collaboration with Jefferies LLC, is managing the sale of 377 real estate assets, encompassing 44 owned and 333 leased properties, as part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC. Outside of...

It was just a matter of time before the fastest growing sport, pickleball, became America's most popular export. A new era has begun. Pickleball Kingdom, the nation's premier and largest entity of indoor pickleball facilities, has just become the...

The Bascom Group, LLC ("Bascom") has acquired Homestead at Boulder City ("Homestead") for $3,050,000. Homestead is a 1999-built, single-story, 72-unit senior housing property located at 1401 Medical Park Drive, Boulder City, Nevada. Vincent Punzi and...

Artis Real Estate Investment Trust ("Artis" or the "REIT") is aware of media reports that it has entered into a conditional agreement to sell Park 8Ninety, an industrial property located in the Greater Houston Area, Texas....

MedCore Partners in partnership with REDICO/American House has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan (Detroit MSA). The communities will be operated by American House under the...

Two entities acquired Windscape Apartments Phase I and Phase II in Hobbs, New Mexico on April 10, 2024. 3901 North Central Phase I LLC purchased residential property, Windscape Phase I, with the Real Property value of $21,148,000 and 3901 North...

FCP® announces the acquisition of Hickory Lake Apartments, a 322-unit multifamily property at 3940 Apache Trail in Antioch, TN in the Nashville MSA. The acquisition of Hickory Lake marks FCP's 6th transaction in the Nashville market, and the first...

Skanska has signed an agreement with Region Skåne to build a new care building and a new service building at the hospital in Hässleholm, Sweden. The contract is worth approximately SEK 1.4 billion, which will be included in the order bookings for...

Ashford Hospitality Trust, Inc. ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million ($438,000 per key).  All of the proceeds from the sale...

Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the fee-simple interest in the 630-room Hyatt Regency San Antonio...

Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Lexington Park Apartments property in Lexington, NC for $5,850,000 to a California group making their first multi-family property purchase in the...

On behalf of The Seller, Agent PHL has formally announced the sale and settlement of 1519 Ridge Avenue in Philadelphia, Pennsylvania. The investment sale was brokered by Ryan McManus, principal of Agent PHL at Compass RE ? in collaboration with Sean...

The GSH Group, one of the nation's fastest-growing multifamily real estate investment companies, is thrilled to announce the successful sale of its Foote Hills property in Grand Rapids, Michigan. The sale resulted in an impressive ~18% IRR, while...

Marc Tropp, a senior managing director with Eastern Union, arranged $12,050,000 in financing toward the acquisition and conversion of Wolf Creek, a 192-unit multifamily property located at 500 North Caraway Road in Jonesboro, AR. The site had served...

Mohr Logistics Park (MLP) was named the 2024 "Commercial Development of the Year" CoStar Impact Award winner in the Indianapolis market. This year's winners of the CoStar Impact Awards ? chosen for their growth, diversification, and ability to...

Rockpoint, a Boston-based real estate private equity firm, and Highgate, a leading hotel management, investment and development company, today announced the sale of the Scottsdale Plaza Resort and Villas (the "Hotel"), a historic hotel in the heart...

Clearwater Living®, a real estate and property management company dedicated to the ownership, operation and development of high-quality senior living communities, announced today the acquisition of The Watermark at Houston Heights, a 220-unit, luxury...

99 Cents Only Stores LLC (the "Company" or "99 Cents Only Stores") has commenced going-out-of-business sales at all of its locations.  Hilco Global is managing the liquidation event, and Jefferies LLC and Hilco Global are managing the sale of the...

Hall and Hall Auctions is thrilled to announce the May 15 auction of Cotton Rose Farm, 363± acres of prime development land in Virginia's Tidewater. The property is in one of Virginia's fastest growing counties and just seven miles north of downtown...

H&R Real Estate Investment Trust ("H&R" or the "REIT") today announced that the previously announced initial public offering ("IPO") of Lantower Residential Real Estate Development Trust (No. 1) (the "REDT") was successfully completed, raising the...

First National Realty Partners (FNRP), a leading national private equity commercial real estate firm, announced that Haymarket Village Center in Haymarket, Virginia is 100 percent leased. The finalization of three new lease deals signifies the...