Bellwether Enterprises News Today

Intercapital Group sold 6500 South, a multifamiy asset in suburban Dallas, to Sahara Equity. Marcus & Millichap represented the seller.

An investor group led by office broker Rico Pietro is the new owner of a long-underused building formerly occupied by Shiloh Industries. However, more than $1 million will go into replacing the roof, not to mention other updates of the 'light and bright' type.

TREO, the apartment rising near the West 25th Street Bridge, and The Edison in the Detroit-Shoreway neighborhood are on the market. Plus, there's a new Nosal in the Northeast Ohio realty brokerage game, and a Beachwood real estate company closed a big deal out of town.

Wednesday, April 7, 2021 Kalterra Capital Partners recently sold McCarty Commons, a 224,000 square-foot, 249-unit apartment complex, located at 1476 E. McCarty Lane in San Marcos. The project is one of three ground-up multifamily developments in Kalterra’s portfolio expected to transact this year. The 10.4-acre McCarty Commons site is just east of Interstate 35 and the San Marcos Outlet Malls. The project serves the growing demand for Class-A luxury apartments near Texas State University. McC...