Granite Construction

Cision PR Newswire | February 18, 2020

Crocker Partners announced the sale of Maitland Lakes, a 174,000 square foot mid-rise office building, to Brightman-Gil Real Estate Investments for more than $28 million. Crocker acquired the asset in 2014 for $14.8 million, increasing price per foot by almost 90% with the sale and setting a high-water mark for an office asset of this vintage. CBRE's Ron Rogg represented Crocker in the transaction. We repositioned Maitland Lakes through a combination of amenities and cosmetic improveme...

Real Estate Investment

JLL Income Property Trust | March 30, 2022

JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $5.9 billion in portfolio assets announced the acquisition of Kansas City Medical Office Portfolio, a more-than 50,000-square-foot, three-property medical office building portfolio with properties in and around Kansas City, Missouri. The purchase price was approximately $22.2 million. We've continued to focus on expanding our national medical office portfolio as we target ...

Real Estate Investment

Invesco | February 21, 2022

Invesco Real Estate Income Trust Inc. ("INREIT"), an institutionally managed public non-listed REIT, announced today the acquisition of an industrial property and a grocery-anchored retail property. The combined purchase price was $94 million, bringing the gross assets of the INREIT portfolio to more than $850 million. There continues to be strong demand for the industrial sector, which is benefiting from both secular and cyclical tailwinds. Investi...

Real Estate Technology, Mortgage and Lending

Businesswire | May 08, 2023

Axar Capital Management LP (“Axar”) and Morning Calm Management, LLC (“Morning Calm”) today announced the launch of Morning Axe Management (“MAM” or the “Company”), a real estate lending platform formed to offer capital solutions by originating senior loans and mezzanine loans in commercial real estate nationwide. The Company will invest and manage discretionary capital on behalf of life companies and other institutional investors. Morning Ax...