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DENTON, Tex.--The Timber Links, a 480-unit apartment community located in Denton, has been acquired by the Irvine, Calif.-based The Bascom Group LLC and Los Angeles-based Oaktree Capital Management LP's $250-million venture. The sale closed on January 30.
NEW YORK CITY—The developer revealed a grand plan he has for a Far West Side complex during an industry talk, and it's not about collecting the highest per unit price possible.
IRVINE, CA—Non-bank lenders are entering the small-balance commercial-loan space and taking advantage of a robust market, ReadyCap's Jim Going tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.
NEW YORK CITY—Industry coach Rod Santomassimo spoke to GlobeSt.com and to REBNY about concrete steps industry professionals can take to increase their earnings.
PHOENIX—ORION Investment Real Estate facilitated the sale of Sunburst Plaza in Glendale located at the Southwest corner of 43rd Avenue and Bell Road in Glendale.
LONG BEACH, CA—In this <b>EXCLUSIVE</b> Q&A, Robert Stepp of Stepp Commercial talks about the impressive growth in the Long Beach multifamily market—which ended last year up nearly 40% over 2013.
LOS ANGELES—Genesis Capital, which provides bridge loans to investors of distressed single-family assets reports a 625% increase in loan origination volume last year.
CARSON, CA—An affiliate of KTR buys a 10-acre land site from a local distributor's real estate surplus, with plans to use the site as a land lease or a build-to-suit industrial development.