Development

Its year-end transactions included a $10-million loan to finance the reconstruction of Seaside Heights' historic Belle-Freeman Pier, which was destroyed by Superstorm Sandy and a subsequent fire.

Following California State legislation reducing the ADU regulations, homeowners are taking full advantage of the opportunity.

The 722,040-square-foot industrial facility, Bridge Point Silicon Valley, is being developed by Bridge Development, whose VP says growing the Bay Area presence is crucial to its strategic growth in California.

The significant liquidity provided to Gemini Rosemont through this transaction will be used to acquire additional class-A assets in coastal and tech-centric markets in keeping with its acquisition mandate.

Daiwa House USA will acquire 60% of the equity interest in Trumark and will commit to make additional capital contributions as funding to further develop Trumark's business.

And gold courses are starting to go away in the world of master plan community developments.

Intuitive Health has chosen medical office development firms Rendina Healthcare Real Estate of Jupiter, FL and Anchor Health Properties to develop Intuitive's pipeline of healthcare properties on a build-to-suit basis.

The deal is contingent on New York City-based SJP Properties and Scotto Properties of Morristown securing full municipal approvals for the mixed-use project that will feature two headquarters Class A buildings.