Southeast

The fund will focus on Class A apartment communities in the 25 top US metro markets.

Oyo, which opened its first US hotel at the beginning of the year, plans to invest $300 million to expand in the country.

Magic City Innovation District awaits final approval from the city, while seeking commercial tenants for the neighborhood with $12 million invested in rehabbed buildings thus far.

The apartment complex, comprised of 24 buildings, expands the firm's local multifamily portfolio to 1,000 units.

Berkadia arranged the financing for the project via its new JV Equity and Structured Capital Group.

The transaction was funded by a New York City-based real estate hedge fund.

Among the measures, Google will establish a $250 million investment fund that will provide incentives to developers to build at least 5,000 affordable housing units.

In conjunction with the purchase, TA Realty has hired Avison Young as the exclusive leasing, property management, and project management firm for the 15-story, 146,202-square-foot, multi-tenant, class A office building.