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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, Current News & Events, Industry Updates, 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, Current News & 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, Current News & 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....
JLL Acquires Raise Commercial Real Estate

JLL Acquires Raise Commercial Real Estate

by Phil Hall | Oct 1, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
CMBS Delinquency Rate Rises to 5.70%

CMBS Delinquency Rate Rises to 5.70%

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
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