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NEW YORK CITY—The sponsor, who also is behind Queens Plaza South, has earmarked the funds for the development of a residential and commercial building.
LOS ANGELES—The investor secures a total of $110 million for 17 properties in Arizona, Florida and California, freeing capital so that it can pursue opportunistic acquisitions, GlobeSt.com reports <b>EXCLUSIVELY</b>.
LOS ANGELES—Ares Management and Citivest Commercial Investments partner to buy the Downtown Novato Center and Temecula Town Center, two grocery-anchored retail centers.
SANTA MONICA, CA—The investor buys Citron on the Promenade, a retail, office and multifamily mixed-use property that was recently renovated and has a strong rent roll with high-performing tenants.