Globest Sectors

The sale of the 293-unit complex was arranged between Epoch Residential and Nicol Investment Company.

Cushman & Wakefield Senior Housing Capital Markets, which is based in Boston, reports it has arranged $26.5 million of institutional equity capital from a private equity fund for a 203-unit project in Montvale.

The 15-year-old award-winning company shifted its headquarters operations from 40 Skokie Boulevard in Northbrook to the 37th floor of the 48-story 1.765 million square foot office building in Downtown Chicago that is anchored by Goldman Sachs.

“New York City can't alone build all the housing and make it affordable for all the people who need it. It just won't work.”

Longfellow Real Estate Partners recently acquired Palo Alto Tech Center from KBS for $205 million and if the development cap is made permanent, it would guarantee almost no new competitive products for the center.

In the recent trade of the retail portion of the Burbank Collection, the buyer secured maximum proceeds as the loan was sized to 76.5% of purchase price and 75% of value.

As the industry continues to iron out the regulatory process, investment interest should grow.

As healthcare in the U.S. continues to evolve, interior environments are also being transformed with the ultimate objective to create humanized environments that optimize healing.