GURNER

prnewswire | October 20, 2020

Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, announced its acquisition of six surplus industrial buildings totaling 308,908 square feet in Plant City, Florida, in the Tampa MSA. The seller, Paradise Inc., is a producer and distributor of Candied Fruit brands throughout the country. The properties are a mile off the I-4 Corridor, running between Tampa and Orlando. The Tampa market has demo...

REAL ESTATE TECHNOLOGY

Found Realty | February 14, 2022

Found Realty has always prioritized the human element of the real estate business. Now, the Houston-based brokerage is taking that a step further by partnering with eXp Realty, one of the fastest-growing real estate companies in the country, to provide agents in Houston with high-tech virtual tools to better serve clients. Founded in 2002, eXp Realty's in-depth virtual platform provides real estate professionals with robust growth and development tools, as well as access to a ...

REAL ESTATE TECHNOLOGY

Marcus & Millichap | April 05, 2022

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The ERGS Portfolio, a six-property multifamily portfolio spanning a total of 1,077 units across eight assets. The portfolio traded for $302.5 million, or $280,872 per unit. With this purchase, the buyer establishes a strong presence in Reno’s multifamily market. The tremendous upside p...

Florida State Board of Administration | May 05, 2020

Florida State Board of Administration (SBA) is investing $375m (€344.1m) in opportunistic real estate funds. The pension fund told IPE Real Assets that it is committing $225m to the Cerberus Institutional Real Estate Partners V fund and $150m to the Trigate Property Partners IV fund. According to Florida SBA, Cerberus Partners V, which is planning a $2bn fundraise, has now raised $640m of equity. The fund targets investments that can produce gross annual internal rate of return of 17% to 20...