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New $600 Million Program to Finance Sustainable Commercial Real Estate

New $600 Million Program to Finance Sustainable Commercial Real Estate

by Phil Hall | Oct 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global investment group CDPQ has teamed with Nuveen Green Capital to launch a $600 million integrated sustainable commercial real estate financing program. According to the companies, this Commercial Property Assessed Clean Energy (C-PACE) program will provide...
Historic Brooklyn Bank Building Could Become a Cannabis Store

Historic Brooklyn Bank Building Could Become a Cannabis Store

by Phil Hall | Oct 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic bank building in Brooklyn that has been vacant since the pandemic may soon have a new life as a cannabis retail store. According to a report from the Greenpointers blog, the Greenpoint Savings Bank building, a Neo-Classical style structure that opened in...
Mississippi University Eyes Vacant Hotel to Solve Student Housing Shortage

Mississippi University Eyes Vacant Hotel to Solve Student Housing Shortage

by Phil Hall | Oct 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An empty hotel in Mississippi’s capital city of Jackson is being eyed as a potential solution to a student housing shortage at the state’s largest historically Black university. Mississippi Today reported Marcus Thompson, president of Jackson State University, has...
Forrest Street Partners Acquires RV Resort in Suburban Atlanta

Forrest Street Partners Acquires RV Resort in Suburban Atlanta

by Phil Hall | Oct 3, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Forrest Street Partners, is a boutique real estate investment firm, has acquired Leisure Acres Campground, an RV resort located in the Atlanta suburb of Cleveland, Georgia. Leisure Acres encompasses 135 RV sites and one cabin. Forrest Street Partners said it planned...
City of Atlanta Acquires Historic Mall to Become Mixed-Use Project

City of Atlanta Acquires Historic Mall to Become Mixed-Use Project

by Phil Hall | Oct 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The City of Atlanta has acquired the historic Mall West End, which will be redeveloped into a mixed-use project. The redevelopment process is budgeted at $450 million and is expected to begin in 2025, with phase one completion slated for 2026. The current plan for the...
FrontView REIT Raises $250.8 Million in IPO

FrontView REIT Raises $250.8 Million in IPO

by Phil Hall | Oct 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

FrontView REIT Inc., a Dallas-headquartered real estate investment trust focused on outparcel properties that are net leased on a long-term basis, raised $250.8 million in its initial public offering (IPO) on Oct. 1. The IPO sold 13.2 million shares at $19 per share....
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