David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
DENVER—Centerline Capital Group of New York has provided $33 million for the acquisition of Spyglass Hill Apartments. The garden-style multifamily complex that includes a total of 573 units housed in 31 two- and three-story residential.
AUSTIN—World Class Capital Group LLC has purchased the Nellis Self-Storage facility in Las Vegas, from a Missouri-based investor. The private investment firm has been adding self storage units to its growing portfolio of commercial properties.
DALLAS-After weighing other options, ClubCorp decides to renew its lease at Triwest Plaza to 66,000 square feet, effectively giving back approximately 14,000 square feet of space.
LEANDER, TX-Faced with a rezoning hearing, H-E-B Grocery Co. is dropping plans to build a supermarket near the intersection intersection of Ronald Reagan Boulevard and FM 2243 in Leander.
NEWPORT BEACH, CA—Sabal Financial Group, L.P., has funded three new construction loans in Southern California. The projects are the latest to receive funding from Sabal's homebuilder lending program.
IRVINE, CA—Vertical Capital Income Fund has outperformed its benchmark in its first year of operation, with a return of 12.95%. Company says the market is “just right,” for high performance.