Universe Holdings Development Acquires Park Encino Apartment Complex for $28M
Universe Holdings Development purchased the 52‑unit Park Encino apartment complex in Encino for $28 million, marking the first core‑plus multifamily sale of 50‑plus units in the area since 2017. Marcus & Millichap’s Institutional Property Advisors represented the seller and facilitated the transaction, while its financing team arranged the acquisition financing.
Encore Real Estate Investment Services Brokers $13.8M Sale of Town & Country Shopping Center in Mishawaka, Indiana
Encore Real Estate Investment Services brokered the $13.8 million sale of the 382,139‑square‑foot Town & Country Shopping Center in Mishawaka, Indiana. The buyer is a California‑based investment firm and the seller is a private family office from Lugano, Switzerland.
United Overseas Bank Acquires Bush Tower From Vanke US for $58.1M
United Overseas Bank (UOB) has acquired the Bush Tower, a 29‑story landmark office building at 130 W. 42nd St. in Midtown Manhattan, from Vanke US for $58.1 million. The deal follows UOB’s $120 million loan to Vanke and sees Vanke continue to manage the property while...
PCCP and Alliance Residential Complete $65.3M Acquisition of The Hawthorne
PCCP and Alliance Residential Company jointly acquired The Hawthorne, a 184‑unit garden‑style multifamily community in Riverside, for $65.3 million. The acquisition was completed recently, with the seller undisclosed. The property features 16 residential buildings and extensive amenities.
TA Realty Buys Back Miami Warehouse Campus for $48M
Boston‑based TA Realty reacquired the 7.8‑acre Webster Business Park near Miami International Airport for $47.6 million from AEW Capital Management. The industrial campus, previously owned by TA Realty from 2005‑2016, was sold to AEW in 2019.
Catena Acquires Helsinki Airport Logistics Asset for $52M
Catena agreed to acquire a modern logistics property near Helsinki Airport in Aviapolis, Vantaa, from Terrieri Kiinteistöt Ky, A. Ahlström Kiinteistöt Oy and S‑Pankki Tontti Erikoissijoitusrahasto for approximately SEK 575 million ($52 million). The fully leased asset serves Cramo Finland and includes...
Four Point Holdings Acquires 52‑Unit Bergen County Multifamily Asset for $29M
Cushman & Wakefield arranged the sale of 8 Tice Rd., a 52‑unit multifamily property in Franklin Lakes, New Jersey. The seller, Adoni Property Group, sold the asset to Four Point Holdings, LLC for $29 million. The transaction highlights strong investor demand...
REALM, Delshah Capital and A.M. Properties Acquire CitySpire Midtown Office Condo
REALM, together with Delshah Capital and A.M. Properties, completed the acquisition of CitySpire, a 377,000‑sq‑ft office condominium in Midtown Manhattan. The 98% occupied property was purchased at an 8.5% cap rate and features high‑end finishes and major tenants. The deal...
Sun Communities Sells Park Holidays to Aermont for $975M
Sun Communities announced the sale of its UK park operator, Park Holidays, to Aermont for $975 million. The transaction allows Sun Communities to exit the UK market and focus on its North American portfolio. Aermont expands its presence in the...
Sumitomo Forestry Acquires Tri Pointe Homes for $4bn
Japanese contractor Sumitomo Forestry completed the acquisition of US homebuilder Tri Pointe Homes for $4bn, making it the fifth largest housebuilder in the United States. The deal gives Sumitomo 100% ownership of Tri Pointe, with Mitsubishi UFJ Morgan Stanley serving...
Berkadia Secures $15.6M Construction Loan for Seachange Partners' Affordable Housing Projects
Berkadia arranged a $15.6 million non‑recourse construction loan for Seachange Partners' two inaugural affordable‑housing projects in Los Angeles. The financing, secured through Genesis Capital LLC, will fund 79 deed‑restricted units across the Corinth Avenue and Delmas Terrace sites, with construction...
Amplius Secures $82.6M Loan From Lloyds to Accelerate Residential Upgrade Plans
Amplius has secured a £65m ($82.6m) loan from Lloyds, backed by the National Wealth Fund, to fund upgrades to its 40,000‑home portfolio across the Midlands, eastern England and the South East. The financing will accelerate the company's residential renovation plans.
Crain Company Acquires 321K‑SF Kansas City Office Building From Stanton Road Capital
Stanton Road Capital, LLC sold the 321,000‑square‑foot 2323 Grand Boulevard office building in Kansas City’s Crown Center sub‑market to Crain Company, a Wichita‑based multifamily acquisition and development firm. The transaction was brokered by Colliers, with senior vice president Evan Warwick...
Zelco Properties Acquires 200,473‑Sq Ft Retail Property in Eastchester, NY
Zelco Properties, together with an institutional real‑estate investment management firm and operating partner, acquired the 200,473‑sq‑ft retail property at 750 White Plains Road in Eastchester, New York, previously occupied by Lord & Taylor. The property, anchored by White Plains Hospital,...
Mapletree Investments Acquires 96.8‑Acre Site in Manalapan, NJ for New Logistics Facility
Mapletree Investments announced the acquisition of a 96.8‑acre site at 370 Smithburg Rd. in Manalapan, New Jersey, where it plans to build a 952,720‑sq‑ft logistics complex. The development will feature two warehouses, EV charging, and smart metering, with completion targeted...