by Kipp Gillian | May 17, 2023 | Multifamily
Seattle Mayor Bruce Harrell recently announced the city’s yearly funding awards for affordable housing providers, totaling $147 million for the construction and preservation of 1,150 affordable homes in neighborhoods across Seattle. The investments will...
by Kipp Gillian | May 17, 2023 | Retail
DRA Advisors has hired brokers at Mid-America Real Estate and Cushman & Wakefield to sell 18 shopping centers in Chicago and its suburbs, reported Crain’s Chicago Business. It’s among the biggest local retail portfolios to hit the market in a long time. New York...
by Kipp Gillian | May 17, 2023 | Industrial
BKM Capital Partners, a vertically integrated institutional fund manager headquartered in Newport Beach, has added 10 properties to its portfolio in four recent transactions valued at more than $280 million. The deals involve more than 1.1 million square feet of light...
by Kipp Gillian | May 17, 2023 | Multifamily
Avenue One, a proptech service platform and marketplace for residential homes, has announced a strategic funding round of $100 million. The round is led by WestCap, an early investor, and includes participation from MetLife and other leading investors. The...
by Kipp Gillian | May 17, 2023 | Industrial
Marcus & Millichap has announced the sale of 125 Broad Ave., a three-building industrial property in North Bergen, New Jersey, for $11.1 million. The property, constructed in 2004 on 2.86 acres, comprises 21 units with two loading docks, 26-foot ceiling height, 21...
