News

IOV remains in acquisition mode, seeking to acquire $100 million in assets over the next 12 to 24 months—with a five-year plan to amass more than $500 million in product type.

The Puget Sound region gained 67,860 people during the last year as the region's total population reached 4.135 million and since 2010, there have been more than 440,000 new residents.

Brookfield Property Partners and Fairfield committed $330 million to the fund.

The property was part of a multi-property acquisition strategy, across multiple states, to fulfill the buyer's 1031 exchange requirement, Hanley Investment Group Real Estate Advisors states.

Donovan left Cushman & Wakefield where he was a vice chairman, investment sales, focusing on Queens.

Kroll Bond Rating Agency says the REIT sector is finding its “mojo,” and REIT debt-to-market leverage reached record lows by mid-year 2018, declining to a median of 30.2% for public and private note issuers.

Takoma Central features one and two-bedroom apartment homes anchored by 9,000 square feet of retail.

CBRE/New England, combined with the Purpura-led team, manages more than 100 million square feet of commercial property and corporate facilities and has more than 1,200 employees.