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More than a dozen offers came in for the sale of the Broadway Plaza in the rapidly growing Chula Vista market in one of the rare quality retail deals to hit the market this year.
During PCBC last week, the session, Components of Equity Today, explored the various types of equity playing within the land and capital space today, featuring moderator Steven Friedman of Cohn Resnick.
In addition to the Centennial Bank construction loan, Riviera Point has raised close to $6.5 million in private equity and $11.5 million in EB-5 funds for the construction of the Radisson RED.
As of mid-June US-targeted construction & building M&A reached its highest year to date volume on record with 173 deals totaling $26.4 billion -- an increase of 312% compared to the same period last year, according to Dealogic.