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Bluestone, Brentwood Pay $75M for Virginia Senior Housing The new owners will implement a multimillion dollar capital improvement plan on the 950-unit property in Richmond. Mar022021 Image via Google Maps A joint venture of The Bluestone Group and Brentwood Investment Group has purchased Imperial Plaza, a 950-unit, four-building senior housing property in Richmond, Va., for $75 million. According to Richmond BizSense, Dominion Partners was the seller, while Arbor Commercial Mortgage provided partial financing for the buyers. Dominion picked up the asset that encompasses inde...

An aerial view of Apple's headquarters in Cupertino, California Some companies may eschew a headquarters entirely. Cryptocurrency trading platform Coinbase declared as part of its recent initial public offering filing with the Securities and Exchange Commission that its workforce is entirely remote, and thus it has no headquarters. Coinbase didn't respond to requests for comment. It is perhaps appropriate that a company operating in such a digitally native space would not find the need to have its employees meet "IRL" to build culture, as was the case for plenty of tech startups�...

'Challenging year': Fairfield County office market looks to rebound from pandemic's disruption FacebookTwitterEmail In Fairfield County’s third-largest new lease of 2020, Greenwich Education Group signed a lease for about 67,000 square feet at 201 High Ridge Road in Stamford, Conn.Michael Cummo / Hearst Connecticut Media Southwestern Connecticut’s office leasing was hit hard by the coronavirus pandemic in 2020, but the market still showed signs of life. The mixed outlook is detailed in a new report from commercial real estate firm Newmark. While leasing volume plunged last year, Newmark o...

Real estate transactions: Investors buy Houston apartment complexes FacebookTwitterEmail 1of8 MLG Capital acquired the Heights at Harper’s Preserve, a 328-unit apartment community at 17116 Harpers Trace in ConroeMLG CapitalShow MoreShow Less 2of8 Madera Residential acquired the 620-unit Domain and Lofts at CityCentre at 811 Town and Country Blvd.PCCPShow MoreShow Less 3of8 4of8 CenterPoint Properties purchased a 601,261-SF building on 31-acres at 3507 Pasadena Freeway in Pasadena from Link Logistics Real Estate.JLL Capital MarketsShow MoreShow Less 5of8 GenWealth Capital has selected Allied...

Harrison Street Picks Up Boston-Area Senior Asset The 90-unit community in Watertown, Mass., offers independent and assisted living, along with memory care services. Feb152021 Image via Google Maps Harrison Street Real Estate Capital, along with partner LCB Senior Living, has purchased The Residence at Watertown Square, a 90-unit senior community in Watertown, Mass. Newmark arranged the acquisition financing for the buyers. Last September, LCB broke ground on The Residence at Penniman Hill, another 90-unit senior community outside of Boston. According to the New England Real ...