DENVER, CO - Denver-based Continental Realty Assets, a subsidiary of Continental Realty Group, and GTIS Partners, a global real estate investment firm that manages $4.7 billion in gross assets with a focus on residential and industrial investments, announced the completion of two joint-ventures between the firms with the sale of 240-unit San Palmas Apartments in Chandler, AZ and 256-unit Canyon Reserve at the Ranch in Westminster, CO. San Palmas and Canyon Reserve were brokered by the local.
Thomas Park Investments, a health care real estate and private equity investment firm in Annapolis, appointed veteran real estate executive Gene Parker to the newly created position of chief operating officer. In this role, Parker will work with CEO EJ Rumpke and Chief Investment Officer Alex Kopicki on the overall strategic direction of the company .
PHOENIX, AZ - Tokyo-based Nippon Steel Kowa Real Estate Co., Ltd. (“NSKRE”), advised by Metzler Real Estate, has re-entered the U.S. real estate market in a joint venture with Denver-based Continental Realty Assets, Ltd. (“CRA”), a subsidiary of Continental Realty Group. The partnership acquired Arrive Fountain Hills, a 150-unit multifamily community in the Fountain Hills submarket of Phoenix, Ariz. The property was brokered by Cushman & Wakefield.
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Markerr, founded by Brian Lichtenberger, is a real estate intelligence platform that provides commercial real estate users with unique insights from public and private data to determine rental pricing.