Denise Moose

1 week ago | irei.com | Denise Moose

A joint venture between Eminent Capital and Corten Real Estate has secured a $15.7 million loan and $9.7 million of joint venture equity for Allen Ridge, a 125-unit multi-housing community in Greenville, N.C.JLL helped create the joint venture and worked on behalf of the newly formed partnership to originate a five-year, fixed-rate Fannie Mae loan. JLL Real Estate Capital will service the loan.

1 week ago | irei.com | Denise Moose

A joint venture between Nuveen and The Preiss Company have sold a five-property student housing portfolio comprising 1,248 units and 3,693 beds across four states – Florida, Texas, Indiana and North Carolina. Newmark Multifamily Capital Markets in cooperation with locally licensed Newmark advisors, represented the seller.

1 week ago | irei.com | Denise Moose

CIP Real Estate has acquired Imeson Commerce Center, a newly constructed 422,136-square-foot industrial distribution center in Jacksonville, Fla., for $53.75 million. JLL advised the sellers, North Signal Capital and Fox Capital Partners, in the transaction. Delivered in 2023, Imeson Commerce Center features 36-foot clear heights, 81 dock-high doors, 260 auto parking spaces and 180 trailer parking spaces.

1 week ago | irei.com | Denise Moose

Smith Hill Capital, the fully integrated commercial real estate debt investment management business of Procaccianti Cos., and Bain Capital announced that the firms' joint venture completed a $235 million refinancing for the iconic Gurney's Montauk Resort & Seawater Spa in Montauk, N.Y., for BLDG Management Co. and Metrovest Equities.

2 weeks ago | irei.com | Denise Moose

ViaWest Group has sold Sight Logistics Park, a state-of-the-art, two-building industrial development in Tempe, Ariz. The property was originally sold by Insight Enterprises to ViaWest by Colliers International. Completed in 2023, Building 1, located at 6840 S. Harl Ave., spans 155,916 square feet, while Building 2 at 6860 S. Harl Ave. encompasses 201,187 square feet.