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The change in net lease property cap rates during the second quarter showed mixed results, with retail cap rates experiencing their greatest quarterly increase since 2011, while office and industrial rates compressed.
More than a dozen offers came in for the sale of the Broadway Plaza in the rapidly growing Chula Vista market in one of the rare quality retail deals to hit the market this year.
Old Fourth Ward's booming growth has been spurred largely by the Atlanta BeltLine, which is responsible for 30,000 permanent jobs and nearly $10 billion in economic development.
During PCBC last week, the session, Components of Equity Today, explored the various types of equity playing within the land and capital space today, featuring moderator Steven Friedman of Cohn Resnick.
In addition to the Centennial Bank construction loan, Riviera Point has raised close to $6.5 million in private equity and $11.5 million in EB-5 funds for the construction of the Radisson RED.
Bright Realty recently broke ground on the new lifestyle destination that includes office, dining, retail, entertainment and multifamily developments, with Phase I of the project called Offices at The Realm.