Investing

Real estate software developers will now be able to more rapidly deploy real estate software with the just released Web API client tool now available for free from the Real Estate Standards Organization (RESO). Developed by RESO specifically for connecting to the hundreds of MLSs nationwide that have implemented RESO API Standards, the free software package includes the Web API client application itself, as well as the source code for the open source client software.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Sherwin-Williams property located at 8522 US-42 in Florence, Kentucky for $1,678,426.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif.

Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. The sponsor plans to redevelop the property, located at 155 E. Broad St., into a mixed-use property comprising residential, office and hotel space.

The U.S. Senate confirmed Dr. Ben Carson as the Secretary of Housing and Urban Development today with a roll call vote of 58-41. National Association of Realtors® President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, said Realtors® will work closely with Secretary Carson to support homeownership and real estate investment

Today, in response to the confirmation of Dr. Ben Carson as secretary of the U.S. Department of Housing and Urban Development, National Low Income Housing Coalition (NLIHC) President and CEO Diane Yentel made the following statement

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 3415 Calumet Avenue in Manitowoc, Wisconsin for $10,124,000. The 87,905 square foot Shopko property is strategically located at the signalized intersection of Calumet Avenue and 35th Street. Calumet Avenue is the primary east-west thoroughfare in the trade area.

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Auto Parts Market. An 8 basis point decrease in cap rates for auto parts store properties from the fourth quarter of 2015 to the fourth quarter of 2016

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the purchase of a new construction two-tenant net-lease retail investment in Reno, Nev. The 7,624-square-foot building is located at 6350 S. Virginia Street and is occupied by Jos. A. Bank and Sleep Number. The purchase price was $4.9 million, which represented a cap rate of 6.48 percent

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions Hanley Investment Group's Executive Vice President Eric Wohl served as advisor in bringing the buyer and seller together in the sale of five shopping centers owned by Cincinnati, Ohio-based firm Phillips Edison & Company, one of the nation’s largest owners and managers of grocery-anchored shopping centers. The buyer was Albanese Cormier Holdings, a commercial real estate investment company based in Beaumont, Texas

The Muller Company, in a joint venture with investment firm Harbert Management Corporation, announced that the $20 million redevelopment of Sky Harbor Towers office complex is nearing completion of its first phase. The 13.6-acre, two-building office campus located at the intersection of Interstate 10 and State Route 143 is anticipated for move in this spring.

The Boulder Group, a net lease investment brokerage firm, has completed the sale of a single tenant net lease Walgreens property located at 1180 Arcade Street in St. Paul, Minnesota for $6,500,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Coldwell Banker DuFour Realty, announced today that the two firms completed the sale of a new construction single-tenant net-leased retail property occupied by ULTA Beauty at 2068 Dr. Martin Luther King Jr. Parkway in Chico, Calif. The sales price could not be disclosed. More...

Fetch has released the first renderings of the restaurant and dog park bar concept coming to Atlanta’s Old Fourth Ward neighborhood. Fetch is the first restaurant concept by Atlanta businessman Stephen Ochs and his business partner, Garrett Reynolds. The restaurant is expected to open this Fall. More...

JLL today announced that Grubb Properties engaged its Agency Leasing group to market and lease The Park at Perimeter Center East. JLL Associates Liz Koteles and David Horne will oversee leasing for the three-building office park. Charlotte-based Grubb Properties acquired the 19.5-acre property in 2015, representing the firm’s first office investment in Atlanta. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3505 University Blvd W in Jacksonville, Florida for $5,150,000. More...

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Big Box Market.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased FedEx Office property located at 226 E Capitol Street in Jackson, Mississippi for $490,000. More...

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a single-tenant Just Brakes store in Dallas, Texas. More...

With his introduction of legislation to eliminate prevailing wage on federal infrastructure and construction projects this week, U.S. Senator Jeff Flake (R-Ariz.) has leveled a vicious attack on livelihoods of millions of middle class workers. Crunchbase: Fisher Investments profile