CBRE Global Investors snapped up the refurbished heritage property in central Madrid. : LaSalle Investment Management has sold Spain's first LEED Platinum office building to CBRE Global Investors, just over a year after acquiring the Madrid asset on behalf of a German fund. Located just outside of Madrid's central business district in the Mendez Alvaro submarket, Calle del General Lacy 23 offers nearly 7,000 square meters (75,347 square feet) of office space and is fully occupied by the headquarters of Spanish energy firm Repsol's electricity and gas unit.
LOS ANGELES, Jan. 24, 2020 /PRNewswire/ -- CREXi, the commercial real estate (CRE) industry's fastest-growing marketplace, data, and technology platform, today announced a $30 million Series B funding round led by Mitsubishi Estate Company ("MEC"), Industry Ventures, and Prudence Holdings. Existing investors Lerer Hippeau Ventures, and Jackson Square Ventures also joined this round. "The CRE industry is evolving, and market players, especially younger, digitally native generations are seeking out platforms that provide free and open access to information," said Gavin Myers, General Partner at Prudence Holdings.
Hunt Real Estate Capital Provides A $15.8M Fannie Mae Dus(r) Loan To Finance The Acquisition Of A Multifamily Property Located In St. Mary's, Georgia
NEW YORK, Jan. 24, 2020 /PRNewswire/ -- Hunt Real Estate Capital announced today it provided a Fannie Mae DUS(r) conventional multifamily loan in the amount of $15.8 million to finance the acquisition of a multifamily property located in St. Mary's, Georgia. Park Place Apartments is a 200-unit, garden-style apartment complex located at 11919 Colerain Road. The property consists of 11 two- and three-story apartment buildings that were constructed in 1987. The property is located on a 14.2-acre site. The loan term is 12 years with five years of interest-only payments followed by a 30-year amortization for the remainder of the loan term.
Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it's little wonder that there's something of a boom in investments in technology companies servicing the market coming from the region. It's one of the reasons that CREXi, the commercial real estate marketplace, was able to establish [...]
Moishe Mana sits down at the head of a conference table in his Wynwood office and immediately slips off his Louis Vuitton shoes, leaving his bare feet to just brush the tile floor. "It is crazy, you know. Like I was in Colombia now, I was walking barefoot on the beach for three days," said Mana, who has a habit of smiling while he talks. "I need to take the shoes off everywhere I go." ... [more] The post Will Moishe Mana's downtown dream ever become a reality? appeared first on The Real Deal Miami.
Experts Want Right Policies, Regulations To Drive Ease Of Doing Real Estate Business - Businessday Ng
If Nigerian economy is not succeeding in attracting as much local and foreign investment into its real estate sector as it should, it is because the country lacks the right policies, regulations and enforcement, experts have said. Growth in the Nigerian real estate sector is slowed significantly by factors that have to do with government [...]
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER COSTA RICAN LAW - General - Real estate law in Costa Rica is governed by the principles established in the Costa Rican Civil Code for acquiring, selling and in any way disposing of property. The official...By: International Lawyers Network.
Cannabis real estate investment trust Innovative Industrial Properties Inc. said late Thursday that it plans to sell 2 million shares of its common stock. At Thursday's closing price of $79.44 that would amount to about $158.9 million. Innovative Industrial Properties fell 4% in the extended session Thursday. The company said it plans to use the cash to invest in further weed-related real estate assets and for general corporate purposes. The company's bankers have the option to buy another 300,000 shares and the company is selling all of the stock.
NEWPORT BEACH, Calif., Jan. 23, 2020 /PRNewswire/ -- Industry innovator Ken Kladouris has joined CREW Orange County, which is the premier business network for commercial real estate professionals. The non-profit organization is committed to the advancement of women in commercial real estate, which is traditionally a male dominated industry. Much like the field of wealth management, commercial real estate is seeing a shift that is liberating for females who are challenging the status quo to help balance the playing field on their career paths.