Private Equity Firm Structures Capital for Apartment Acquisition
By Anca Gagiuc, Associate Editor Dan Galvanoni A multifamily transaction has wrapped up in Northwest San Antonio. DPG Investments and affiliates announced it structured $2.1 million in limited partner...
View ArticleColorado-based Investor Serves the Duke City
By Anca Gagiuc, Associate Editor Sedona Ridge Community East coast-headquartered SEC registered investment advisory firm TGM Associates L.P. shook hands with Monarch Investment and Management Group of...
View ArticleFacelift in Store for Central Corridor Hotel
By Anca Gagiuc, Associate Editor Embassy Suites Central Austin Embassy Suites Austin–Central is under new ownership. Stonebridge Cos. acquired the 260-key hotel in the city’s Central Corridor for an...
View ArticleStratus Properties Goes All In
By Anca Gagiuc, Associate Editor Stratus Properties is on track to become the sole owner of Block 21, a major downtown Austin mixed-use project. Austin-based Stratus decided to buy out its partner,...
View ArticleGeneral Motors Drives Big in Silicon Hills
By Anca Gagiuc, Associate Editor Parmer Sector 6 Austin’s industrial market recently recorded a significant transaction initiated by Karlin Real Estate. The Los Angeles-based company sold the...
View ArticleFelCor Sells Three Hotels to Repay Outstanding Debt
By Anca Gagiuc, Associate Editor Embassy Suites San Antonio – NW I-10 Hospitality REIT FelCor Lodging Trust Inc. has sold three non-strategic assets to three separate buyers. The company sold the...
View ArticleWedge Group Gives 2 Thumbs Up
By Anca Gagiuc, Associate Editor Arboretum Atrium Houston-based private equity firm Wedge Group has added a pair of Class A Austin office buildings to its portfolio. The seller, Velocis, a private...
View ArticleBrandywine Eyes Mixed-Use Makeover
By Anca Gagiuc, Associate Editor Broadmoor Campus Austin’s commercial market got another boost with the announcement that IBM Corp. sold its remaining interest in the 1.1 million-square-foot Broadmoor...
View ArticleGI Partners Connects in KCMO
By Veronica Grecu, Associate Editor Private real estate investment firm GI Partners recently added a new colocation facility to its portfolio of commercial assets. The San Francisco-based company...
View ArticleTIER REIT’s Shopping Spree at The Domain
By Anca Gagiuc, Associate Editor The Domain TIER REIT has picked up a big chunk of The Domain, a premier mixed-use development in Northwest Austin. In a stroke, the Dallas-based company has expanded...
View ArticleXenia Checks In at Hotel Commonwealth Boston
By Veronica Grecu, Associate Editor Shortly after scooping three high-quality lifestyle boutique hotels for a whopping $245 million, Xenia Hotels & Resorts, Inc.is set to add a new hotel to its...
View ArticleWhy Investors in Washington Multifamily Deal Don’t Stand Out from the Crowd
By Alex Girda, Associate Editor The RealtyMogul.com revolution continues, with a Washington state multifamily property recently purchased using funds sourced via the marketplace. Anchor Pointe...
View ArticlePark at Walker’s Ranch Fully Subscribed by Investors
By Anca Gagiuc, Associate Editor Park at Walker’s Ranch San Antonio ranks as a top market for job growth and a magnet for Millennials. With this in mind, Keith Lampi, president & COO of Inland...
View ArticleTo San Antonio Through New Braunfels
By Anca Gagiuc, Associate Editor Avenues at Creekside Atlanta-based property investment firm Preferred Apartment Communities made its debut in the San Antonio multifamily market. The firm acquired...
View ArticleCanadian REIT Expands Portfolio in the Southwest
By Anca Gagiuc, Associate Editor Pure Multi-Family REIT LP wants a piece of midtown San Antonio. The company announced it has entered an agreement to acquire Brackenridge at Midtown, a multi-family...
View ArticleWhitestone Adds to Silicon Hills Footprint
By Anca Gagiuc, Associate Editor Quinlan Crossing Whitestone REIT has added a fourth property to its Austin portfolio. In a $37.5 million deal, the company acquired the Quinlan Crossing retail center...
View ArticleBerley-Led Investment Group Snags Yet another Office Building in Midtown...
By Veronica Grecu, Associate Editor A seven-story office building in Midtown East is now owned by an investment group led by David Berley, Chairman of real estate firm Walter & Samuels. 5 East 47...
View ArticleSwiss Investor Pays Big Bucks for Prime Downtown Austin Building
By Anca Gagiuc, Associate Editor 501 Congress AFIAA Foundation, an investment entity of 40 Swiss pension funds that focus on international commercial properties, landed in downtown Austin. The firm...
View ArticleSomeone Paid $17 Million for a Rental Community North of Detroit
By Veronica Grecu, Associate Editor Country Corner Apartments – Southfield, MI The privately-owned Country Corner Apartments in Southfield, Mich., recently changed hands in a transaction brokered by...
View ArticleFairstead and Blackstone Pay Big Bucks for 1,000 Units in Manhattan
By Veronica Grecu, Associate Editor 250 W. 19th St. – Manhattan A joint venture between Fairstead Capital and Blackstone Group paid $690 million for 24 mid-rise rental properties located primarily in...
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