CBRE

CBRE: U.S. multifamily market continues strong recovery

The U.S. multifamily market continued its strong recovery in the second quarter, as robust absorption reduced the national vacancy rate, according to CBRE’s latest research.

CBRE closes sale of 235,840-square-foot industrial property in Whitestown

CBRE arranged the sale of Park 130 Building 5, a 235,840 square-foot-industrial property at 6353 Commerce Drive in Whitestown, Indiana. A private, high-net-worth buyer from…

CBRE closes $25.54 million refinance loan for Minnesota multifamily community

CBRE secured a $25.54 million loan to refinance Aery, a 147-unit, Class-A multifamily community in Hermantown, Minnesota. CBRE’s Billy Mork, Mike Vannelli and Joel Torborg of CBRE Capital Markets’ Debt…

CBRE names market leader, senior managing director for Austin, San Antonio and El Paso

CBRE added Ryan Kasten as the Market Leader and Senior Managing Director for Austin, San Antonio and El Paso, Texas. Kasten will be based in…

RFP process launched for Chicago State University’s University Village 95

CBRE, in partnership with Chicago State University, launched a Request for Proposals for University Village 95, a mixed-use development opportunity on Chicago’s South Side. This…

CBRE closes sale of 370-unit multifamily property in Minneapolis

CBRE arranged the sale of 365 Nicollet, a 30-story, 370-unit luxury multifamily property in Minneapolis’ Gateway District neighborhood. A joint venture between Corebridge Real Estate…

CBRE names Dallas-Forth Worth market leader for advisory business division

CBRE appointed Jeremy McGown to Executive Managing Director and Dallas-Fort Worth Market Leader for the company’s Advisory business. In this role, McGown will be responsible…

CBRE closes sale of 996-unit multifamily property in Indianapolis

CBRE arranged the sale of Riverbend Apartments, a 996-unit multifamily property in Indianapolis. Pensam Capital purchased the property from Pepper Pike Capital Partners for an undisclosed amount. CBRE’s Hannah Ott, George…

CBRE adds office leasing team to Chicago office

CBRE hired the office leasing team of Greg Tait, Maggie Brophy and Jamion Hartley to join its Chicago office. Tait and Brophy will join the…

CBRE provides construction financing for 565,765-square-foot manufacturing facility in New Caney

CBRE secured construction financing for the development of a 565,765-sq.-ft. manufacturing facility in New Caney, Texas for GCP Paper, a Mexico-based private label paper product company.…

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