www.connectcre.com Open in urlscan Pro
2606:4700:20::681a:51c  Public Scan

Submitted URL: https://email.connectcre.com/e3t/Ctc/OP+113/cKwRj04/VXjcgl6MhCMTN2VgR7RtG1CtW8LzBkh54tjqxN8_nRFY3qgyTW6N1vHY6lZ3kLW8nPQsT22KD...
Effective URL: https://www.connectcre.com/?utm_campaign=Connect%20Advertising&utm_medium=email&_hsmi=277788632&_hsenc=p2ANqtz-_fLRlQ1HGSMO...
Submission: On October 10 via api from US — Scanned from DE

Form analysis 4 forms found in the DOM

GET https://www.connectcre.com/

<form role="search" method="get" class="search-form" action="https://www.connectcre.com/">
  <span>
    <input type="search" class="search-field" placeholder="Search …" value="" name="s">
  </span>
  <span><label>Select Market</label><select name="story-market">
      <option></option>
      <option value="alabama">Alabama</option>
      <option value="alaska">Alaska</option>
      <option value="arizona">Arizona</option>
      <option value="arkansas">Arkansas</option>
      <option value="atlanta">Atlanta</option>
      <option value="atlanta-southeast">Atlanta &amp; Southeast</option>
      <option value="atlanta-metro">Atlanta Metro</option>
      <option value="austin">Austin</option>
      <option value="baltimore">Baltimore</option>
      <option value="bay-area">Bay Area</option>
      <option value="boston">Boston</option>
      <option value="boston-new-england">Boston &amp; New England</option>
      <option value="california">California</option>
      <option value="carolinas">Carolinas</option>
      <option value="central-florida">Central Florida</option>
      <option value="chicago-midwest">Chicago &amp; Midwest</option>
      <option value="colorado">Colorado</option>
      <option value="connecticut">Connecticut</option>
      <option value="dallas-fort-worth">Dallas-Fort Worth</option>
      <option value="dc">DC</option>
      <option value="dc-metro">DC Metro</option>
      <option value="delaware">Delaware</option>
      <option value="downtown-chicago">Downtown</option>
      <option value="downtown-new-york-tri-state">Downtown New York</option>
      <option value="fairfield-westchester">Fairfield/Westchester</option>
      <option value="florida">Florida</option>
      <option value="florida-gulf-coast">Florida &amp; Gulf Coast</option>
      <option value="georgia-atlanta-southeast">Georgia</option>
      <option value="global">Global</option>
      <option value="greater-chicagoland">Greater Chicagoland</option>
      <option value="gulf-coast">Gulf Coast</option>
      <option value="hawaii">Hawaii</option>
      <option value="houston-galveston">Houston-Galveston</option>
      <option value="idaho">Idaho</option>
      <option value="illinois">Illinois</option>
      <option value="indiana">Indiana</option>
      <option value="inland-empire">Inland Empire</option>
      <option value="iowa">Iowa</option>
      <option value="kansas">Kansas</option>
      <option value="kentucky">Kentucky</option>
      <option value="lenders">Lenders</option>
      <option value="long-island">Long Island</option>
      <option value="los-angeles">Los Angeles</option>
      <option value="louisiana">Louisiana</option>
      <option value="maine">Maine</option>
      <option value="maryland">Maryland</option>
      <option value="massachusetts-boston-new-england">Massachusetts</option>
      <option value="metro-boston">Metro Boston</option>
      <option value="michigan">Michigan</option>
      <option value="midtown-new-york">Midtown New York</option>
      <option value="midwest">Midwest</option>
      <option value="minnesota">Minnesota</option>
      <option value="mississippi">Mississippi</option>
      <option value="missouri">Missouri</option>
      <option value="montana">Montana</option>
      <option value="national">National</option>
      <option value="nebraska">Nebraska</option>
      <option value="nevada">Nevada</option>
      <option value="new-england">New England</option>
      <option value="new-hampshire">New Hampshire</option>
      <option value="new-jersey">New Jersey</option>
      <option value="new-mexico">New Mexico</option>
      <option value="new-york">New York</option>
      <option value="new-york-tri-state">New York &amp; Tri-State</option>
      <option value="north-carolina">North Carolina</option>
      <option value="north-dakota">North Dakota</option>
      <option value="north-florida">North Florida</option>
      <option value="northside">North Side</option>
      <option value="ohio">Ohio</option>
      <option value="oklahoma">Oklahoma</option>
      <option value="orange-county">Orange County</option>
      <option value="oregon">Oregon</option>
      <option value="outer">Outer</option>
      <option value="pacific-northwest">Pacific Northwest</option>
      <option value="pennsylvania">Pennsylvania</option>
      <option value="phoenix">Phoenix</option>
      <option value="phoenix-southwest">Phoenix &amp; Southwest</option>
      <option value="portland">Portland</option>
      <option value="rhode-island">Rhode Island</option>
      <option value="san-antonio">San Antonio</option>
      <option value="san-diego">San Diego</option>
      <option value="seattle">Seattle</option>
      <option value="seattle-northwest">Seattle &amp; Northwest</option>
      <option value="south-carolina">South Carolina</option>
      <option value="south-dakota">South Dakota</option>
      <option value="south-florida">South Florida</option>
      <option value="southside">South Side</option>
      <option value="southeast">Southeast</option>
      <option value="southwest">Southwest</option>
      <option value="texas-texas">State of Texas</option>
      <option value="tennessee">Tennessee</option>
      <option value="texas">Texas</option>
      <option value="tri-state">Tri-State</option>
      <option value="uptown-bronx">Uptown/Bronx</option>
      <option value="utah">Utah</option>
      <option value="vermont">Vermont</option>
      <option value="virginia">Virginia</option>
      <option value="washington">Washington</option>
      <option value="washington-dc">Washington DC</option>
      <option value="west-side">West Side</option>
      <option value="west-virginia">West Virginia</option>
      <option value="wisconsin">Wisconsin</option>
      <option value="wyoming">Wyoming</option>
    </select></span><span><label>Select Property Sector</label><select name="property-sector">
      <option></option>
      <option value="apartments">Apartments</option>
      <option value="cre-insider">CRE Insider</option>
      <option value="distressed-assets">Distressed Assets</option>
      <option value="finance">Finance</option>
      <option value="healthcare">Healthcare</option>
      <option value="hospitality">Hospitality</option>
      <option value="industrial">Industrial</option>
      <option value="net-lease">Net Lease</option>
      <option value="office">Office</option>
      <option value="opportunity-zones">Opportunity Zones</option>
      <option value="retail">Retail</option>
      <option value="senior-housing">Senior Housing</option>
      <option value="student-housing">Student Housing</option>
      <option value="weekender">Weekender</option>
    </select></span><span><label>Select Property Topic</label><select name="story_topics">
      <option></option>
      <option value="Lease">Lease</option>
      <option value="Sale/Acquisition">Sale/Acquisition</option>
      <option value="Development">Development</option>
      <option value="Financing">Financing</option>
      <option value="People">People</option>
      <option value="Economy">Economy</option>
      <option value="Policy/Gov't">Policy/Gov't</option>
      <option value="Recruitment">Recruitment</option>
    </select></span>
  <button type="submit" class="search-submit">Search</button>
</form>

POST https://forms.hsforms.com/submissions/v3/public/submit/formsnext/multipart/6064756/0e132bf4-9eec-48aa-8c0c-68e45fce25d3

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  <fieldset class="form-columns-2">
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      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><input id="firstname-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" name="firstname" required="" placeholder="First Name" type="text" class="hs-input" inputmode="text" autocomplete="given-name" value=""></div>
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    <div class="hs_lastname hs-lastname hs-fieldtype-text field hs-form-field"><label id="label-lastname-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="" placeholder="Enter your Last Name" for="lastname-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"><span>Last
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      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><input id="lastname-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" name="lastname" required="" placeholder="Last Name" type="text" class="hs-input" inputmode="text" autocomplete="family-name" value=""></div>
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  <fieldset class="form-columns-2">
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      <legend class="hs-field-desc" style="display: none;"></legend>
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  <fieldset class="form-columns-1">
    <div class="hs_subscription_regional_news hs-subscription_regional_news hs-fieldtype-checkbox field hs-form-field"><label id="label-subscription_regional_news-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class=""
        placeholder="Enter your Regional Daily News" for="subscription_regional_news-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"><span>Regional Daily News</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input">
        <ul role="checkbox" class="inputs-list multi-container">
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news0-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news0-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="National"><span>National</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news1-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news1-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Atlanta"><span>Atlanta &amp; Southeast</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news2-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news2-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Boston"><span>Boston &amp; New England</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news3-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news3-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="California"><span>California</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news4-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news4-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Chicago"><span>Chicago &amp; Midwest</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news5-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news5-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Florida"><span>Florida &amp; Gulf Coast</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news6-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news6-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="New York"><span>New York &amp; Tri-State</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news7-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news7-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Phoenix"><span>Phoenix &amp; Southwest</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news8-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news8-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Seattle"><span>Seattle &amp; Northwest</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news9-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news9-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Texas"><span>Texas</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news10-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news10-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
                class="hs-input" type="checkbox" name="subscription_regional_news" value="Washington, D.C."><span>Washington, D.C.</span></label></li>
          <li class="hs-form-checkbox" role="checkbox"><label for="subscription_regional_news11-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class="hs-form-checkbox-display"><input id="subscription_regional_news11-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"
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  <div class="hs_submit hs-submit">
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#

<form action="#" class="alm-filters">
  <div class="filter-markets filter-section" data="markets">
    <h3 class="alm-filter-header">Markets</h3>
    <h4>
      <input type="checkbox" id="national" value="national">
      <label for="national">National</label>
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DISTRESSED ASSET BORROWERS: TO SELL OR NOT TO SELL

Cover Story  |  September 27, 2023


CREFC SENTIMENT SURVEY REVEALS CAUTIOUS UPWARD TREND

National  + Finance  |  October 9, 2023


MBA, NAR, NAHB CALL FOR HALT TO FED RATE HIKES

National  + Finance  |  October 10, 2023
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SUPERSTORES CAPITALIZE ON SHIFTING CONSUMER TRENDS

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NAR’S YUN SEES CRE “WARNING SIGNS” AMID STRONG U.S. JOBS REPORT 

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U.S. APARTMENT RENT GROWTH FLATTENS IN SEPTEMBER 

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   Beaumont, TXTexas + Apartments
   
   Listing Status:UnavailableListing Type:Call for offersNo. of Units:92Year
   Built:1972Lot Size:79556 AcresOpportunity Zone:No
   
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CONNECT CRE & INDUSTRY EVENTS


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Location: Los Angeles, CA
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LATEST ATLANTA & SOUTHEAST STORIES


BROOKHAVEN RETAIL CENTER TRADES FOR $38.5M

Atlanta & Southeast  + Atlanta  + Retail | October 10, 2023

The closest you can get to a sure thing in a tough market is a grocery-anchored
retail center. Sterling Organization acquired the 100,000-square-foot
Marketplace at Buckhead Center from ShopCore Properties. The shopping center,
which is just inside the Brookhaven boundary, was formerly called Cherokee
Plaza. The Marketplace at Buckhead shopping center includes a nearly
82,000-square-foot …


BPR PLANNING CHARLOTTE HOTEL PROJECT

Atlanta & Southeast  + Carolinas  + Hospitality | October 10, 2023

BPR is awaiting approval from the Charlotte City Council to build a $25 million,
139-room Residence Inn. The four-story, extended-stay project, will sit on 2.7
acres at 7708 University City Blvd. BPR expects the vote to come before the end
of the year. Design and permitting will take about 12 months, pushing
construction to 2025. …

LATEST BOSTON & NEW ENGLAND STORIES


DANA-FARBER TO BUILD $1.7B LONGWOOD CANCER FACILITY 

Boston & New England  + Boston  + Healthcare | October 10, 2023

Dana-Farber Cancer Center and Beth Israel Deaconess Medical Center are planning
to build a new cancer facility in Boston’s Longwood Medical Area, with an
estimated cost of $1.68 billion. Reported by Boston Business Journal.   The
proposed facility would cover approximately 688,100 square feet and include a
300-bed adult inpatient hospital. It would also involve the construction …


GREYSTONE PROVIDES $224M REFI FOR STAMFORD MF PORTFOLIO 

Boston & New England  + New England  + Finance | October 10, 2023

Cushman & Wakefield has facilitated a $223.9 million refinancing deal for the
Harbor Point portfolio in Stamford, Connecticut.   The four-building, 989-unit
multifamily portfolio is located in the South End of Stamford and consists of
Class A properties. The financing, provided by Greystone through Freddie Mac,
comprises four seven-year fixed-rate mortgages with 35-year amortization
periods. …


CONNECT TEAM


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   Vice President of Creative & Marketing


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   CEO


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   Vice President, Public Relations & Communications

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LATEST CALIFORNIA STORIES


NAIOP SOCAL GEARS UP FOR ANNUAL UCLA VS. USC CHALLENGE 

California  + Los Angeles  + Finance | October 10, 2023

Now in its 26th year, the NAIOP SoCal UCLA vs USC Real Estate Challenge will pit
a five-member graduate student team from the Ziman Center of Real Estate at
UCLA’s Anderson School of Business against a five-member team from the Lusk
Center at USC’s Marshall School of Business and Price School of Public Policy.
It’s set for …


AVISON YOUNG’S RYAN MILLER TO EXPAND VALUATION & ADVISORY IN CA

California  + Orange County  + Finance | October 10, 2023

Ryan Miller will serve as senior director, valuation & advisory services out of
Avison Young’s California offices. In this role, Miller will focus on expanding
services in the Western states with a concentrated focus on the Southern
California region. With more than 20 years’ experience in real estate appraisal
and consulting, he comes to California from Avison Young’s Canadian offices.  …

LATEST CHICAGO & MIDWEST STORIES


LOOP BUILDING OWNER FACES $237M FORECLOSURE LAWSUIT

Chicago & Midwest  + Downtown  + Office | October 9, 2023

The owner of a Loop office tower located at 161 North Clark Street is facing a
$237 million foreclosure lawsuit filed by European lender Societe Generale. The
French financial service company filed a complaint tied to the 49-story
building, reported Crain’s. The property is owned by a group of investors led by
Korea Post. CBRE …


BRADFORD ALLEN NAMES JENNIFER MURPHY AS PRESIDENT OF MANAGEMENT SERVICES

Chicago & Midwest  + Downtown  + Office | October 9, 2023

Bradford Allen has announced Jennifer Murphy joined the firm as president of
management services. In this role, Murphy will be responsible for managing a
growing portfolio of office properties in Chicago and nationally. She will
report to Brian Dovalovsky, senior managing director of Bradford Allen.
“Jennifer’s appointment is strategically timed with the growth of our …



LATEST FLORIDA & GULF COAST STORIES


FT. LAUDERDALE AIRPORT STARTS WORK ON $404M ADDITION

Florida & Gulf Coast  + Central Florida  + Hospitality | October 10, 2023

The Fort Lauderdale-Hollywood International Airport started work on a fifth
airline terminal this week. The $404 million project will cover 230,000 square
feet and should be completed by 2026. The terminal will have five airline
passenger gates for domestic flights, increasing the airport’s total to 71
gates. The terminal is being built due to surging …


VILANO BEACH WELCOMES 120-ROOM UPGRADED HYATT PLACE

Florida & Gulf Coast  + North Florida  + Hospitality | October 10, 2023

The newest hotel in Vilano Beach is a Hyatt Place with a twist. Unlike other
hotels under the same flag, this Hyatt Place has a restaurant and rooftop bar.
The 120-room hotel includes a ballroom with more than 7,000 square feet of
space. It also has an indoor/outdoor flex space of 20,000 square feet. The …

LATEST GLOBAL STORIES


REPORT: GLOBAL REAL ESTATE MUST FIND FOOTING IN 2024

National  + Global  + Weekender | October 6, 2023

The commercial real estate industry has been operating in a volatile
environment, starting with the pandemic and moving through the current scenario
of market instability and even geopolitical issues. Things aren’t necessarily
going to improve in 2024. But Deloitte’s “2024 Commercial Real Estate Outlook:
Finding Terra Firma” suggests that “the coming year is expected to …


GLOBAL CROSS-REGIONAL CAPITAL FLOWS DECLINE 52% YEAR-OVER-YEAR

National  + Global  + Finance | September 1, 2023

Global cross-regional capital flows between North America, Europe and
Asia-Pacific totaled US$30.5 billion in the first half of 2023, down 52%
compared to H1 2022, CBRE reported. Global investment was limited by elevated
interest rates, softer real estate fundamentals and a mismatch in pricing
expectations of buyers and sellers.  Cross-regional capital flow to Europe from
…

LATEST LENDERS STORIES



LATEST NATIONAL STORIES


MBA, NAR, NAHB CALL FOR HALT TO FED RATE HIKES

National  + Finance | October 10, 2023

Ongoing market uncertainty about the Federal Reserve’s rate path is contributing
to “recent interest rate hikes and volatility,” the Mortgage Bankers
Association, National Association of Realtors and National Association of Home
Builders wrote to Fed chairman Jerome Powell. The three industry groups called
on Powell and the Fed’s Board of Governors to hold off on …


SUPERSTORES CAPITALIZE ON SHIFTING CONSUMER TRENDS

National  + Retail | October 10, 2023

Retail has felt the impact of a challenging few years, with 2022 marked by
inflation and high gas prices. However, Placer.ai says, in the evolving retail
landscape, challenges can quickly turn into opportunities, and second-quarter
2023 data indicate that shifting consumer trends may be helping superstores come
out on top.   Serving as major shopping destinations …



LATEST NEW YORK & TRI-STATE STORIES


CITY YEAR, ONE CLIPBOARD INK SPACE AT 180 MAIDEN LANE 

New York & Tri-State  + Downtown New York  + Office | October 10, 2023

City Year, Inc. and One Clipboard Inc. (dba Splash) are relocating to new
pre-built units at 180 Maiden Lane in Fidi, while current tenants Cover Whale
and Royal Funding Group signed expansion deals.   City Year signed a new
10,807-square-foot lease for one of the new pre-built suites on the 25th floor,
while Splash will …


KELLWOOD COMPANY, KBL GROUP RELOCATE TO 1441 BROADWAY 

New York & Tri-State  + Midtown New York  + Office | October 10, 2023

Kellwood Company and KBL Group International are relocating to 1441 Broadway in
Times Square. Kellwood Company will occupy 19,000 square feet on the 18th floor,
while KBL Group will occupy a 9,000-square-foot space on the 8th floor.   The
leases represent almost 76,000 square feet of transactions at the building over
the past year. Other …

LATEST PHOENIX & SOUTHWEST STORIES


PHOENIX INDUSTRIAL MARKET STAYS HOT

Phoenix & Southwest  + Phoenix  + Industrial | October 10, 2023

Phoenix continues to surge in the industrial real estate market when it comes to
new deliveries and rental rates. While sales volume slowed, it’s still robust. A
recent Kidder Mathews research study indicated that the industrial market
continues to remain near the nation’s top. MARKET HIGHLIGHTS  · NEW DELIVERIES
soared to a record high of …


SLC ADAPTIVE REUSE PROJECT TOPS OUT

Phoenix & Southwest  + Southwest  + Hospitality | October 10, 2023

At one time, it was the bustling Union Pacific Depot Train Station. The building
constructed in 1909 is being turned into a luxury hotel. The Athens Group and
Hatteras Sky are teaming up on a project to build the eight-story Asher Adams.
Construction just hit its ceremonial midpoint, achieving the milestone of being
topped off. …

LATEST SEATTLE & NORTHWEST STORIES


AMAZON BEGINS RELOCATING EMPLOYEES TO BELLEVUE OFFICE SPACE

Seattle & Northwest  + Seattle  + Office | October 10, 2023

Amazon has started the process of moving its employees to new Bellevue office
space despite delays in construction. Amazon is moving 2,000 office employees
from Seattle to Bellevue into two office towers. Vulcan Real Estate’s 555 Tower
is one of two office buildings that will be new working space for half of the
roughly 2,000 …


BERKADIA NEGOTIATES $6M KENNEWICK MF PROPERTY SALE

Seattle & Northwest  + Washington  + Apartments | October 9, 2023

Berkadia closed the sale of 720 Arthur, a 40-unit, garden-style multifamily
community in Kennewick, Washington. Managing Directors Steven Chattin, Mitchell
Belcher, and Jay Timpani, Senior Directors Chad Blenz and Brandon Lawler, and
Associate Director Beau Krueger of Berkadia Seattle led the transaction on
behalf of the seller. The sales price reflects a per-unit price of …

LATEST TEXAS STORIES


SAN ANTONIO APARTMENTS SLATED FOR HIGH-INCOME RENTERS

Texas  + San Antonio  + Apartments | October 10, 2023

Daniel Corp. has commenced construction on a seven-building, 350-unit apartment
complex at Loop 1604 and Bulverde Road. The project is being targeted to
high-income renters. While construction and land costs were not disclosed, the
San Antonio Business Journal reports Daniel took out a $48.29 million loan from
Fifth Third Bank as part of the deal. Studio, one-, …


DFW OFFICE MARKET IN QUICKSAND

Texas  + Dallas-Fort Worth  + Office | October 10, 2023

While the economy is Dallas is one of the more robust in the country, office
vacancy rates remain high. In Q3, the DFW office market vacancy increased to
25.6%, marking the highest level since the real estate recession in the late
1980s. A recent Avison Young Q3 survey found DFW’s economy continues to be one …



LATEST WASHINGTON DC STORIES


77 DC CONSTRUCTIONS TO COMPLETE IN 2023 

Washington DC  + DC Metro  + Apartments | October 10, 2023

Despite signs of a real estate recession, Washington, D.C. is set to see
significant development in the coming years. The Washington D.C. Economic
Partnership has identified 77 projects scheduled for completion in 2023,
totaling 10 million square feet and $3.9 billion in construction costs.   An
additional 34 projects, totaling 9.1 million square feet and …


HOWARD UNIVERSITY TO RAZE FREEDMEN’S HOSPITAL 

Washington DC  + DC  + Healthcare | October 10, 2023

Howard University has filed for a raze permit for its three-story College of
Nursing and Allied Health Building, known as Freedman’s Hospital Annex, located
at 516 Bryant St. NW in DC. Reported by Washington Business Journal.  The
demolition is part of the university’s plans to make way for a new $650 million,
225-bed Level I trauma …


LATEST STORIES FROM


APEX GROUP SUPPORTS LAUNCH OF BTC’S ARGENTO ENERGY FUND

Alternative Assets | October 10, 2023

BTC Investment Group tapped Apex Group as a key financial services provider to
its Argento Energy Fund, which has targeted $100 million in assets. With a focus
on US onshore oil and gas industry investments, BTC launched the fund in 2022.
Apex will provide fund administration, tax and business services out of its
Miami office. ...


MAY RIVER CLOSES THIRD FUND AT $500M TO INVEST IN INDUSTRIAL BUSINESSES

Alternative Assets | October 10, 2023

May River Capital, a Chicago-based private equity investment firm, has closed
its third fund, May River Capital Fund III, at its hard cap of $500 million in
limited partner commitments, exceeding the fund’s original target size. The new
vehicle marks a big jump from the $300 million Fund II May River raised at the
end ...


EXCHANGERIGHT ANNOUNCES FULLY SUBSCRIBED $90.5M DST OFFERING

Alternative Assets | October 10, 2023

ExchangeRight, a provider of diversified real estate DST and REIT investments,
announced the company has fully subscribed its Net-Leased Portfolio 60 DST, a
$90.5 million offering featuring 397,201 square feet of grocery, healthcare,
pharmacy, and necessity-based retail tenants. The portfolio is structured to
provide monthly distributions with a current annualized rate of 4.80%. The DST
...


BANSK GROUP CLOSES CPG-FOCUSED MAIDEN FUND AT $800M

Alternative Assets | October 10, 2023

Bansk Group, a consumer-focused private investment firm, closed its first fund,
Bansk Fund I LP, at $800 million. The fundraise boosted the NY-based firm’s
assets, including co-investments, to $1.5 billion. The firm targets investments
in consumer-packaged goods (CPG) sectors such as beauty & personal care,
consumer health, food & beverage and household products with equity ...

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