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Highland Realty Capital procured a $22 million construction take-out bridge loan to fund the lease-up and stabilization of Scotia Apartments in San Jose, along with three other loans for a total of $61 million.
Prior commitments are still being honored, however, new loans are effectively not available to all, only a few preferred customers and the private lending market is active, but pricing has increased substantially.
Patten East represents a value-add opportunity in one of the fastest growing rental markets in Austin, according to Mesa West Capital, which provided Wildhorn Capital with $33.5 million in short-term first mortgage debt.
First mortgage debt was secured by Sonnenblick-Eichner Company to refinance the Lone Star Court, a 123-room boutique hotel located within The Domain, a 303-acre master planned development.
Senior living communities are making adjustments to programming and activities to keep seniors safe, according to STG Design, but could design of these facilities really make a meaningful difference?
Hawthorne at the District is less than one mile from Oracle's 560,000-square-foot campus, and construction has already started on the 420,000-square-foot phase II expansion with space for 10,000 employees.
Rastegar Property Company recently acquired two properties near the intersection of East 7th Street and Interstate 35 in Austin: 902 E. 7th St. and a nearby property at 818 E. 7th St.
In this EXCLUSIVE, Ari Rastegar shares the trends relevant to two particular real estate sectors, multifamily and self storage, which he says are desirable in today's market for a couple of reasons.
Retailing in the digital age transformed itself to compete with the likes of Amazon, but as a result, this industry is better prepared to perform during the current health crisis without even realizing it.
This is the last full week of International Women's History Month so it seems appropriate to take a breather and shed a little light on women in CRE who have forged new paths and inspired colleagues in the process.