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SCOTTSDALE, AZ—The Quad is a 13-acre, 14-building redevelopment project that blends elements of a lifestyle center and office park to create a next-generation creative office community.
LEWISVILLE, TX—Six multifamily properties in Texas received acquisition funding to the tune of nearly $107 million in Fannie Mae delegated underwriting and servicing loans, provided by Greystone.
HOUSTON—Jason Lax and Lucy Landers have joined the Baker Katz team of commercial real estate professionals, with decades of experience in the construction and development arena.
SAN ANTONIO, TX—Because Agave is the first multifamily midrise to be built in burgeoning South Town on the Riverwalk, it is likely to sell for a record-setting price, as few midrises have previously sold, ARA says in this EXCLUSIVE.
HOUSTON—Weingarten Realty Investors announced the pricing of $250 million of 3.250% notes due 2026 in an underwritten public offering, scheduled to close on August 11, 2016, subject to customary closing conditions.
LOS ANGELES—Chicago-based multifamily investor Elite Invest is setting up shop in Inglewood to take advantage of the growing renter demand and climbing rents in this market.
LOS ANGELES—Entertainment has always been a cornerstone of the L.A. office market, but today, tech, media and entertainment are bundled together, and it is the new powerhouse, GloebSt.com reports in this EXCLUSIVE interview.
NEWPORT BEACH, CA—“We wouldn't go as far as calling real estate cheap today, but it does appear more fairly valued on a relative basis," says Green Street Advisors' Andy McCulloch.
WASHINGTON, DC-The new owner of 1902 R St., NW, is planning a complete gut and renovation of the building to turn it into a high-return bread and breakfast for business travelers.