Colorado Association of REALTORS

Real Estate Investment

DJM | January 05, 2022

DJM, a California-based private equity real estate and development firm, today announced its acquisition of Long Beach Exchange (LBX) in partnership with PGIM Real Estate from Burnham-Ward Properties. Eastdil is credited with brokering the deal. As experts in retail, DJM will increase LBX's value through best-in-class management, leasing, marketing and placemaking. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.5 trillion global investment management bu...

prnewswire | October 21, 2020

Starboard Commercial Real Estate, privately owned and locally-based San Francisco commercial real estate firm, announced the sale of 893 Folsom Street, located on the Folsom Street Corridor in the SOMA neighborhood of San Francisco.This centrally located property offers more than 12,293 total square feet and quick and convenient access to both Caltrain and BART, as well as several popular restaurants, bars, and specialty cafes. The property also includes an additional 8,500 square foot lot, allo...

Real Estate Technology

prnewswire | November 30, 2020

CIT Group Inc. today reported that its Real Estate Finance business gave a $38 million senior made sure about advance toward the obtaining of a high rise in Winter Park, Florida. The property, claimed by Phoenix Realty Group ("PRG") and its speculators and associated elements, is known as Lakeside at Winter Park and comprises of 288 units of nursery style lofts on in excess of 26 sections of land with pleasantries including a pool, wellness focus, clubhouse and tennis, b...

Market Outlook, Real Estate Technology

MRI Software | February 27, 2023

One of the leading software solutions in real estate, MRI Software, announced it completed the acquisition of the $93.4 million stock of PropTech Group. The Foreign Investment Review Board (FIRB), Australian Competition and Consumer Commission (ACCC), and Federal Court of Australia approved the highly anticipated transaction, first announced last year. Australia's property technology (PropTech) industry has experienced extraordinary growth in recent years due to an influx of...