Capital Markets

Grosvenor recently committed a loan of $17.5 million for Dividend Homes' Maravilla, a development of 55 townhomes which will commence this month with delivery slated for July 2021.

While Phoenix is getting all of the headlines, other Arizona markets are also seeing population growth and strong apartment demand.

Known as life science and tech hubs, UTC, Eastgate and Del Mar Heights led office leasing activity in San Diego last year.

Bridge Investment Group, a privately-held real estate investment management firm, plans to complete a capital deployment of $4.5 billion of equity over the next three years.

The new ownership states that while the acquisition will provide immediate cash flow, Merion's investment strategy includes the implementation of a value-add strategy including: unit interior upgrades, clubhouse and common area refresh, LED lighting upgrades, and property amenity upgrades.

Nightingale Properties and Wafra Capital Partners have secured a $145 million fixed-rate loan from SL Green and an undisclosed party for the acquisition to acquire 111 Wall St. in Downtown Manhattan.