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PRESS RELEASE: Mack-Cali Acquires 159-Unit Multi-Family Residential Community in Rahway

2013-11-21 17:06:00| National Real Estate Investor

Ilene Jablonski Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has acquired the two-building, 159-unit multi-family property known as Park Square in Rahway, New Jersey, which includes a parking garage and approximately 6,000 square feet of retail space. The property was acquired for a purchase price of approximately $46.5 million. read more

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PRESS RELEASE: Thorofare Capital Funds Acquisition of $9,545,500 Multifamily Loan Portfolio in Fort Worth and Arlington, Texas

2013-11-21 17:03:00| National Real Estate Investor

Felix Gutnikov Thorofare Capital has recently financed the acquisition of three cross-defaulted, cross-collateralized notes, with a current unpaid principal loan balance of approximately $9,545,500, secured by three multifamily properties located in Fort Worth and Arlington, Texas. read more

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PRESS RELEASE: Drawbridge Realty Trust Acquires Stonecreek Park in Austin, Texas

2013-11-21 17:02:00| National Real Estate Investor

Gary Pike Drawbridge Realty Trust has acquired the Stonecreek Park office property located at 3300 Duval Road in Austin, Texas. read more

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PRESS RELEASE: Strong Phoenix Infill Market Attract Out-of-State Builder/Investor; Prompts New Joint Venture and Pipeline of Projects

2013-11-21 16:59:00| National Real Estate Investor

New Leaf Communities The recovering Phoenix homebuilding market has flexed its muscle once again, prompting a new joint venture that links local real estate development veterans Steven Pritulsky and Paul Timm, and their company New Leaf Communities, with long-time Southern California-based builder Watt Communities. read more

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PRESS RELEASE: Hanley Investment Group Sells Central Orange County Retail Mixed-use Investment

2013-11-21 16:55:00| National Real Estate Investor

Anne Monaghan / Monaghan Communications Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Jonathan T. Selznick represented the seller in the sale of a mixed-use retail investment in Santa Ana, Calif. The purchase price was $935,000. read more

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