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...
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 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....
JLL (NYSE: JLL) announced its acquisition of Raise Commercial Real Estate, a technology-powered brokerage. Founded in San Francisco in 2016, Raise was the first brokerage to create a digital real estate management platform. Raise’s co-founder and CEO Justin Bedecarre...
The delinquency rate for commercial mortgage-backed securities (CMBS) increased by rose 26 basis points this month to 5.70%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 131 basis points from 4.39%. While most of the...