City Line Capital has acquired Brittany Place, a 148-unit multifamily community in Norfolk, Va. Levco Management sold the asset for $28 million, or $189,062 per unit. Levco Management had previously p
McDowell Housing Partners (MHP), a leading affordable housing developer and investment company, announced the financial closing and start of construction on Ekos at Bayonet Point II, the second phase
Coastal Commercial and Marcus & Millichap arranged the $13.7-million sale of 2515 E. Coast Highway, a prominent multi-tenant retail property located in Corona del Mar. The transaction was represented
MCB Real Estate, an institutional commercial real estate investment management firm and developer with nationwide holdings, and Osiris Ventures, an urban retail-focused investment firm, have secured l
Young Chinese are renting cameras, drones and camping gear instead of buying them. It’s a clever way to save money — but also the latest challenge to Beijing’s effort to get consumers spending.
AM Rally Ultimately Sticks With Help From Oil To be clear, most of today's rally is attributable to the news on the Treasury buyback program discussed in the morning commentary. Today's consumer rate
With three years to go before a state-mandated deadline for housing production, Los Angeles’ residential pipeline seems to be ramping up speed. In the first six months of this year, the City of Los An
The next round of fundraising for multifamily artificial intelligence startup EliseAI could be one for the history books. The New York-based company is in discussions to raise funding at a $3.7 billio
Entre Commercial Realty executed the lease of a 16,932-square-foot industrial building located at 675 Greenleaf Avenue in Elk Grove Village, Illinois. Entre represented Nearby Truck Repair LLC, a loca
Two Boston apartment towers in the portfolio of newly merged Vivmark Residential will be sold under an agreement between Massachusetts Attorney General Andrea Joy Campbell and the merger partners, Equ