Capital Markets

News

Growing Space Robotics Firm to Relocate Pittsburgh HQ

John Jordan |

Astrobotic’s new headquarters is poised to become the epicenter for America’s return to the Moon and will be the primary hub for lunar logistics in the United States, the company reports.

News

Freddie Mac Prices First K-Deal Indexed to SOFR

Erika Morphy |

It’s still unclear what will be Libor’s replacement but the GSEs are pushing out products based on the Secured Overnight Financing Rate, or SOFR.

News

Redwood Capital Acquires Deer Park Multifamily

John Jordan |

The Deer Park Crossing deal represents the second transaction within 18 months between REVA Development Partners and Redwood.

News

Sanzari Sells Three-Property Bergen County Multifamily Portfolio for $15.7M

John Jordan |

The separate transactions announced by brokerage firm the Kislak Company, Inc. involved a total of 87 residential units and included the $6.45-million sale of the 38-unit property located at 403 Prospect Ave. and 333 Passaic St. in Hackensack.

La Jolla Park West Trades Hands in San Diego

Kelsi Maree Borland |

Property West Residential purchased the 60-unit apartment property for $22.5 million.

Kidder Mathews Acquires Wessex Service Co.

Kelsi Maree Borland |

The deal, which is part of Kidder Mathews’ ongoing West Coast expansion, includes 535,000 square feet of commercial space and 14 owner associations.

Western States Closes $11M in Lease Deals

Kelsi Maree Borland |

The firm signs a 10-year, $7.5 million lease with Resonetics LLC and an 8-year lease with STARC.

Skanska Launches Commercial Development Practice

Kelsi Maree Borland |

The company has hired Clare De Briere to lead the Los Angeles commercial development platform and unveils plans for its first project.

Urban Pacific Group Is Shifting to a Long-Term Hold Model

Kelsi Maree Borland |

The developer has proven the success of its urban townhouse, multi-generational housing model, and plans to hold new developments for the long term.

News

Harrison Street Acquires East Coast Senior Living Portfolio

John Jordan |

The 1,322-unit portfolio consists of all stabilized properties and has maintained an average occupancy of 92% through the past three years.