Globest Sectors

In a statement released to Globest.com on the deal, GDC stated the company determined “the Bridgeport properties do not align with GDC's strategic focus on development in its primary market, which is Westchester County and the Hudson Valley.”

Prior to joining Casco, Shirwo was founder and principal of BridgeCore Capital, a private bridge lender, and held a nine-year career with Bolour Associates.

Hunt's managing director, Harris Heller, says the transaction demonstrates strong leasing velocity that was fueled by the quality of the construction and strength of the submarket.

SVN Affordable says it targeted "a specific type of buyer" and structured the transaction with a creative capital stack at market pricing that was compelling for the seller.

Assets in Alameda are now priced roughly half that of trades in downtown Oakland just one mile away, which presented an attractive value proposition for investors in the purchase of Alameda Center.

Cap rates for multifamily investment in Santa Monica average the same in 2018 as 2017, but inventory is expected to rise in 2019.

Urban Visions' S campus, a new development to include five buildings totaling more than 1.2 million square feet of office and retail space, is one of the largest permitted office development sites ever.

California Landmark Group's C1 multifamily project in Marina del Rey will feature 17 fully furnished co-living units.