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LOS ANGELES—The affordable housing developer's first non-senior living arts colony opens in San Pedro, bringing 49 units of live/work and gallery space for artists.
LOS ANGELES—Calmwater Capital spins off from Karlin Asset Management with secured credit lines from two global banks and an equity investment from a top-20 university endowment.
LOS ANGELES—The lodging trust buys the property for $566,000 per key and enters into a new management contract with the hotel brand, which will continue to operate at the location.
NEW YORK CITY—The company has provided a sizeable loan for the recapitalization of the office portion of the iconic Woolworth Building, at 233 Broadway.
BOSTON—According to the folks of Cushman & Wakefield, the Boston commercial real estate market fared better than most during the recession. That good fortune provided a solid base to reap the benefits of the current upcycle.
BETHESDA, MD—It acquired the building for $110.5 million from a Federal Capital Partners JV, paying about $256,944 per unit, a source tells GlobeSt.com's Erika Morphy.
SAN DIEGO—You don't need to pick just one horse in the crowdfunding race, Pathfinder Partners' Brent Rivard tells GlobeSt.com in this <b>EXCLUSIVE</b> look at the fundraising method and how it impacts CRE.
NEWPORT BEACH, CA—Moving from being a historical allocator of debt to focusing mostly on equity and acquiring institutional-grade assets allows the firm more leverage, president Tim Ballard tells GlobeSt.com <b>EXCLUSIVELY</b>.