Globest Sectors

Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.

Groundbreaking is imminent on a mixed-use project located at 477 S. Market St. in the SoFA District after $67 million in debt and equity were recently secured for its development by NorthMarq Capital.

Acacia Capital Corp. buys the 244-unit San Marquis apartments in Tempe for $58.5 million.

The firm secures $235 million to refinance multifamily properties spanning five states.

AREAD Management Inc. and Varde Partners purchase the development site in San Tan Valley.

The developer plans Jefferson on Imperial, a 244-unit luxury multifamily community in South Gate, California.

The firm has acquired 360 Lexington Avenue with $126M in financing from Barclays.

The town is gearing up to welcome visitors with new tourism developments, including a new beachfront/bayfront marina and resort, and the destination’s first conference center and hotel.