Resort Development On the Way
BAJA CALIFORNIA—GlobeSt.com has learned that First Capital Real Estate Investments plans to acquire the Punta Brava Golf & Surf Club project and invest roughly $35 million to develop the property into a golf course, dining venues, private hotel, estate lots and more.
NEW YORK CITY—Bearing the American Finance Trust name, the merged entity is a retail-focused REIT with an enterprise value of approximately $3.9 billion.
BOISE, ID—The new hire brings more than 35 years’ experience in commercial real estate finance to the middle-market loan provider.
NEWPORT BEACH, CA—A “forest for the trees” mentality, in addition to seeking yield for investors, is causing firms based in other markets to expand to the West Coast, creating more demand for talent in a tight market, RETS’ Kent Elliott tells GlobeSt.com.
Middle Market Digest
Here’s a look at this week's trends, announcements and deals that you may have missed in the country’s North West region.