Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
The 722,040-square-foot industrial facility, Bridge Point Silicon Valley, is being developed by Bridge Development, whose VP says growing the Bay Area presence is crucial to its strategic growth in California.
The significant liquidity provided to Gemini Rosemont through this transaction will be used to acquire additional class-A assets in coastal and tech-centric markets in keeping with its acquisition mandate.
Daiwa House USA will acquire 60% of the equity interest in Trumark and will commit to make additional capital contributions as funding to further develop Trumark's business.
Funding to the tune of $18.5 million was recently secured for Mercer Park Apartments, allowing EB Real Estate Group to continue its expansion in the DFW market with more than 1,300 units under ownership.
The 184,643 square-foot complex is presently 94% leased to a 38-tenant roster and has recently benefitted from common area upgrades and building improvements totaling nearly $5 million, according to Newmark Knight Frank.
Aside from sweeping rent regulation changes this past June. Another seismic change with respect to residential rental laws and regulation rules could well be on the way: "Good cause eviction."