SBUILT

Real Estate Technology

Faropoint | July 06, 2022

Faropoint, a leading real estate investment firm focused on last-mile industrial properties in high population growth markets, today announced the sale of 109 institutional-quality, last-mile logistics buildings to a private buyer for $481 million. The portfolio consists of 6.8 million square feet of warehouse space largely concentrated in Atlanta, Philadelphia, Houston and Memphis. The close of this portfolio sale in the current market climate further demonstrates Faropoint&rsquo...

Real Estate Technology

DAMAC Properties | May 30, 2022

UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside. The Dubai-based developer plans to build an ultra-luxurious, CAVALLI branded condominium project. The property, on Collins Avenue, offers residents 200 feet of direct beach frontage and access to South Beach and Bal Harbour. The land, comprising 1.8 acres, was sold to DAMAC for $120 million through the court process. Read More

Real Estate Technology,Real Estate Investment

Grace Hill and Ellis | January 02, 2023

Grace Hill, a pioneer in talent and customer management solutions for commercial and multi-family real estate, recently announced that it acquired Ellis Partners in Management Solutions (Ellis), a provider of mystery shopping and resident and employee survey solutions, and Edge2Learn, an e-learning company offering training and policy management solutions in the multifamily industry. However, the financial details of the transaction weren't revealed. To aid property owners and...

Cision PR Newswire | January 20, 2020

Hunt Capital Partners, in collaboration with Pennrose, LLC, announced the closing of $4.52 million in federal low-income housing tax credit (LIHTC) equity financing for the new construction of the Residences at Glenarden Hills Phase 2A, located in Lanham, Md. The development will offer 55 affordable housing units restricted to seniors age 62 years and older. Residences at Glenarden Hills Phase 2A is the second phase in the redevelopment of land that once housed the 578-unit Glenarden Apartments ...