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News
Spandrel, 7G Group to Add W Hotel as Anchor for Uptown Charlotte Tower Redevelopment
3+ day, 23+ hour ago (170+ words) CHARLOTTE, N.C. — A partnership between Spandrel Development Partners and 7G Group has announced plans to add a 200-room W Hotel to 400 South Tryon, a redevelopment of a 1970s-era office tower in Uptown Charlotte. The new hotel will be situated on the first…...
MorningStar Senior Living Completes Recapitalization of 168-Unit Property in Las Vegas
4+ day, 23+ hour ago (321+ words) LAS VEGAS — MorningStar Senior Living has recapitalized MorningStar Senior Living at The Canyons, a seniors housing property situated on 3.6 acres at 490 S. Hualapai Way in Las Vegas. JLL Capital Markets represented the seller, a joint venture between Confluent Development and…...
IPA Arranges $75.1M Recapitalization for Monroe Hotel in Miami Beach
4+ day, 23+ hour ago (183+ words) MIAMI BEACH, FLA. — IPA Capital Markets, a division of Marcus & Millichap, has arranged the $75.1 million recapitalization of The Monroe Hotel, an 89-room luxury boutique hotel underway in Miami Beach. Situated in the city’s Faena District, the property is a $125.5 million…...
Evergreen Development Acquires 11.7 Acres in Mesa, Arizona, Plans Mixed-Use Project
6+ day, 40+ min ago (232+ words) MESA, ARIZ. — Evergreen Development has acquired 11.7 acres of land in Mesa, with plans to build a mixed-use project that will feature multifamily space and a new retail center. The retail portion of the site is planned to comprise an approximately…...
MBK Rental Living, Haseko Sell 315-Unit Zia Multifamily Community in Anaheim
6+ day, 21+ min ago (165+ words) ANAHEIM, CALIF. — MBK Rental Living and development partner Haseko Corp. have sold Zia, a 315-unit multifamily community in Anaheim that opened in September 2024. The buyer was an unnamed institutional investor. Zia is a five-story community with studios and one-, two…...
IPA Negotiates Sale of 95-Unit Apartment Complex in Seattle’s Eastlake Neighborhood
1+ week, 4+ day ago (328+ words) SEATTLE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. The seller was Bender Equities. An affiliate of Sequel Investment Co. and Evergreen Gavekal…...
Fourth Avenue Capital Acquires Multifamily Community in Bend, Oregon for $20M
1+ week, 4+ day ago (186+ words) BEND, ORE. — Fourth Avenue Capital has acquired Steppe, an apartment property in Bend, from National Real Estate Advisors for $20 million. Sam Lawhead, Joe Nydahl, Matt Dodd and Josh McDonald of CBRE represented both the seller and buyer in the transaction....
Freestone Capital Acquires 106-Unit Multifamily Property in Seattle for $32.2M
1+ week, 5+ day ago (265+ words) SEATTLE — Freestone Capital has acquired Aperture on Fifth, a 106-unit multifamily property located in the Denny Triangle neighborhood of Seattle. PrivatePortfolio GroupFreestone Capital sold the property for $32.2 million, or $304,245 per unit. Giovanni Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero and…...
Home Invest Purchases 997-Unit Multifamily Community in Stone Mountain, Georgia
1+ week, 5+ day ago (226+ words) STONE MOUNTAIN, GA. — Home Invest, a private real estate investment firm based in Palm Beach Gardens, Fla., has purchased East Ponce Village, a 997-unit multifamily community located at 1310 Wood Bend Drive in Stone Mountain. The seller and sales price were…...
Newmark Negotiates $26M Sale of Office Tower in Norfolk, Virginia
2+ week, 24+ min ago (164+ words) NORFOLK, VA. — Newmark has negotiated the $26 million sale of 150 West Main Street, a 233,772-square-foot trophy office tower located in downtown Norfolk’s Waterside District. Kawa Capital Management was the buyer. Mark Williford, Will Bradley and Evan Wells of Newmark represented the…...