Capital Markets

The property at 985 Route 17 is accessible from Routes 57, 80, and 206 and paired with its zoning made it an ideal acquisition for the new buyer, who plans on leasing the space on a per-acre basis for small and larger companies that require storage for heavy and light equipment.

There has been a delay in development starts for opportunity zone projects as a result of the lack of clarity in the regulations.

Mixed-use is one of the fastest growing sectors of development in the US, and a major catalyst of the design-build model.

The affordable housing company has gone through a rapid expansion in the last two years, building a portfolio of 8,000 low-income housing units.

Newport Real Estate Partners, focused on the acquisition and repositioning of value-add multifamily properties, acquired 460-unit The Fountains at the Bayou, which will be renamed Valencia Grove Apartments.

Locally-based John Buck is reportedly in contract to sell the former CNA Center to a partnership of SHVO, Deutsche Finance and BLG Capital.