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BRIDGEWATER, NJ—PCCP is bankrolling American Real Estate Partners and Silverpeak Real Estate Partners for the acquisition and lease-up of CenterPointe at Bridgewater. The acquisition was reported earlier this week by GlobeSt.com. PCCP is providing a $29.76 million senior loan for the deal.
LOGAN TOWNSHIP, NJ—Spec construction is alive and well in the New Jersey industrial space. Dermody Properties and partner Great Point Investors held a “groundbreaking” ceremony for a new warehouse even though the walls are already in place. Hear more in our exclusive audio news report.
ATLANTA—Atlanta saw 4 million square feet of industrial absorption in the first quarter of 2015. Find out which submarkets developers are focusing on now.
NEW YORK CITY—Global uncertainty weighs large when evaluating a deal says Angela West, SIOR, of CBRE in this <b>EXCLUSIVE</b> video from the SIOR Tri-State Conference.
WASHINGTON, DC—“While one might expect the apartment industry expansion to have reached its peak, we are seeing the opposite,” says the National Multifamily Housing Council's Mark Obrinsky.
AUSTIN--Los Angeles-based portfolio lender Thorofare Capital has funded a $7.7 million floating rate commercial mortgage for the acquisition of Pflugerville West Shopping Center, a 67,150-square-foot retail center located in Pflugerville.