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LOS ANGELES–A CBRE Global Investors-sponsored fund has acquired The Plantation at The Woodlands, a 432-unit Class A garden-style apartment community about 25 miles north of downtown Houston.
PLAQUEMINE, La.—NFR BioEnergy has announced that the company will make a $312 million capital investment to install bio-refineries at more than ten sugar refining hubs in South Louisiana.
PHOENIX, AZ – A Phoenix-based company bought a 113,827-square-foot industrial warehouse facility at 317 S. 48th St. in Phoenix for $9.2 million. Lee & Associates principal Ken McQueen represented the buyer, Road Machinery, LLC. The seller was Verde Investments, Inc. of Phoenix.
ORLANDO, FL—Tampa-based Landmark Apartment Trust reports it has purchased the 342-unit Landmark at West Place multifamily property here. The multifamily REIT funded the acquisition through a 1031 exchange, utilizing a portion of proceeds from a previously announced disposition.
NEW YORK CITY—Related Companies reports it has closed on two debt investments that include a hotel project in Chelsea near Hudson Yards in Manhattan and a condominium project in Vail, CO.
I expect that we'll see some more action in the public markets focused on vineyard investments over the next couple of years as investors seek higher and diversified returns
NEW YORK CITY—The advertising firm Collective will expand its headquarters offices in the city with a move to the former New York Times building, taking place later this month.