Globest Sectors

PGIM Real Estate Finance provided the 10-year, fixed-rate, non-recourse loan for the 136,928-square-foot, grocery-anchored retail center in Northern New Jersey.

The NJ TRANSIT office of real estate, economic development and transit-oriented development will assess and develop recommendations for transit-oriented development opportunities for parcels of property in which NJ TRANSIT holds an interest in, with the goal of increasing NJ TRANSIT's non-farebox revenue.

Investments in Orange, Seminole, Lake, Osceola and Volusia counties will be given first priority; though other investments across Florida could also be considered.

The retail and multifamily asset classes are following opposing supply-and-demand trends.

SIOR is promoting parity, diversity and inclusion by encouraging and empowering members to extend relationships to CRE professionals, especially women who have considered SIOR membership or would be ideal candidates.

The Chicago-based company buys Esplanade III, a 218,000 square foot, Class A office building located in Phoenix, Arizona.

Western Wealth Capital affiliate WWC XLVII buys the 200-unit apartment complex in the Glendale suburb of Phoenix.

The firm has entered into an agreement to purchase two Los Angeles properties through its wholly owned subsidiary, Elata Investments.