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Long Vacant Historic NYC Theater Acquired with State Grants

Long Vacant Historic NYC Theater Acquired with State Grants

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A historic theater in New York City’s Upper West Side that has been shuttered for the past 20 years has been purchased for $6.9 million by a nonprofit aided with state grants. IndieWire reports the long-vacant Metro Theater was acquired by Upper West Side Cinema...
Morgan Properties Acquires 11-Asset Multifamily Portfolio for $501 Million

Morgan Properties Acquires 11-Asset Multifamily Portfolio for $501 Million

by Phil Hall | Apr 4, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Morgan Properties, the real estate investment and management company headquartered in Conshohocken, Pennsylvania, has acquired a portfolio of 3,054 multifamily units across 11 assets in eight Midwest states from Trilogy Real Estate Group for $501 million. The...
Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities

Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities

by Phil Hall | Apr 4, 2025 | Current News & Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

A joint venture between an affiliate of Starwood Capital Group and an affiliate of Land Strategies Management (dba Starwood Land) has completed an $800 million acquisition of a portfolio of master-planned communities in Texas from Hines, the real estate investment...
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million

Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million

by Phil Hall | Apr 4, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Kingsbarn Realty Capital has paid $105 million to acquire the Class A office building 1601 Vine Street in the Hollywood submarket of Los Angeles. The 115,000-square-foot property – which has five levels of underground parking – was developed by JH Synder Company in...
Faropoint Makes First Los Angeles Industrial Acquisition

Faropoint Makes First Los Angeles Industrial Acquisition

by Phil Hall | Apr 1, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hoboken, New Jersery-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced its first acquisition in the Los Angeles area with the $9.975 million purchase of a multi-tenant industrial building located in Torrance,...
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