JLL has completed the sale of a fully leased, four-property medical building portfolio in the Greater Kansas City area. JLL worked on behalf of several different physician groups, Orthopedic Health of Kansas City, Kansas City Urology Care PA and Sunflower Medical Group, to complete the off-market sale to Montecito Medical. JLL’s Capital Markets’ Medical Properties […]
The shrimp was a bit on the salty side for me, so I’ll try a few tweaks next time. Namely, I’ll include a touch less salt in the marinade and a bit more crushed red pepper instead. I’d also love to try using a different dry white wine, just to see how it impacts the […]
Freddie Mac has laid the groundwork for some new distressed single-family mortgage procedures as part of its broader efforts to improve servicing operations over the past several years. Processing Content The government-sponsored enterprise, which is one of two that buy a large number of the middle-class home loans that private lenders fund in the United […]
OneDigital, an Atlanta-based insurance, talent and financial advisory firm with more than $155 billion in client assets, has acquired Rosenthal Wealth Management Group, a $1.8 billion registered investment advisor based in Manassas, Va., with additional offices in Maryland and Western Pennsylvania. The eight-advisor team is leaving independent broker/dealer Cetera to make the move to OneDigital […]
The former owners of a Georgia apartment complex sued Arbor Realty Trust for allegedly locking them into a high-interest loan with the promise of refinancing, only to lead the owners into foreclosure and buy the property from them at auction. Brothers Yisroel and Hanoch Cimerring, who bought the 474-unit complex in College Park, Georgia for […]
Essex Realty Group and Essex Capital Markets announced the closing of Wilson Manor, a 33-unit multifamily property located at 3348 W. Wilson Avenue in Chicago’s Albany Park neighborhood. The property sold for $7.6 million, a $200,000 premium over the listing price. Originally renovated in 2008, Wilson Manor offers a unit mix consisting primarily of two-bedroom […]
For the past two years, the multifamily market in the Sunbelt states has struggled with record unit deliveries, rising interest rates and softening rent growth. While those factors remain in play, many investors are starting to see opportunities amid supply overhang and sluggish rent growth. Rather than avoiding the region, capital is moving toward well-located […]
Platform combines Berlin operations with €450m residential portfolio acquisition. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post HIG launches €1bn German residential platform appeared first on […]
PGIM has hired David Blum as managing director overseeing U.S. high-yield real estate credit investments, strengthening the firm’s U.S. real estate debt platform as investor interest in higher-yielding strategies continues to gain momentum. In the newly created role, Blum will focus on high-yield real estate credit, supporting the firm’s ability to deliver flexible, value-driven debt capital solutions […]
Former Los Angeles Dodgers owner Frank McCourt has listed the opulent New York City apartment he bought the same year he sold his stake in the legendary sports team—offering up the “distinguished” abode for $2.5 million less than what he purchased it for 14 years ago. The four-bedroom, 3.5-bathroom dwelling is located inside what the […]