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Multifamily rents are growing rapidly in San Diego, and the city may start to see some of the community push-back that has been growing in Los Angeles and San Francisco.
"With its current occupancy rate of 98%, strong fundamentals, along with corporate and business expansion, we believe this acquisition is an excellent opportunity to increase our presence in Georgia, a target area for our firm,” says Albert Lord III, founder and CEO of Lexerd.
The new Baylor Scott & White Health Sports Therapy and Research complex on the Dallas Cowboys campus is an educational opportunity for visitors as much as it is a healthcare destination for athletes.
The job rate has grown at an annual rate of 2.2%, most of the office buildings that were damaged by Hurricane Harvey have been rehabbed and developers remain disciplined with lead tenants in place.
Tech companies have accounted for the majority of the leasing activity this year, but office investors still have some concerns about supply-demand imbalance.
The Court Square City View Tower project at 23-14 44th Drive is being developed by Xu's United Construction & Development and partners Henry Yeung, Brian Pun of FSA Capital and Risland U.S. Holdings, LLC.
The transaction in Huntersville, which closed on July 5, is the largest financing deal for Trez Forman in North Carolina this year. So far in 2018, Trez Forman has lent approximately $98 million in construction and acquisition financing for North Carolina residential projects.
The portfolio Sweden-based Hemfosa will acquire includes office, warehouse and logistic assets and totals approximately 460,000 square meters or nearly 5 million square feet.