Citymark Divests Portion of Fund Assets for $140M

Citymark Divests Portion of Fund Assets for $140M

Cleveland-based Citymark Capital exited 50% of its investments in Citymark Capital U.S. Apartment Fund I L.P. with the sale of a trio of multifamily assets in Las Vegas, Atlanta and Phoenix for $138.8 million to undisclosed institutional investors. The buyer for at...
Las Vegas Strip Development Site Trades for $172M

Las Vegas Strip Development Site Trades for $172M

            New York-based Gindi Capital acquired a 9.5-acre property on the Las Vegas Strip for $172 million from FX Luxury Las Vegas, an affiliate of Spectrum Group Management. Located adjacent to Gindi’s other holdings on the Strip,...
OpenTable Ranks Top 100 Restaurants in America

OpenTable Ranks Top 100 Restaurants in America

Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The ranking highlights restaurants around the country based on verified reviews submitted by diners. “Whether a restaurant has...
BKM Bags Nevada Multi-Tenant Industrial for $111M

BKM Bags Nevada Multi-Tenant Industrial for $111M

BKM Capital Partners eclipsed $1 billion in assets under management with the acquisition of Pacific Business Center, an 898,389-square-foot light multi-tenant industrial property in Henderson, NV. The 13-building complex was acquired for $111,250,000 and is BKM’s...
Apple Plans $1B Nevada Data Center Expansion

Apple Plans $1B Nevada Data Center Expansion

Apple plans a $1-billion expansion of its massive data center east of Reno, NV, doubling its investment and roughly tripling its workforce at the technology campus in the Truckee River canyon.  Reno also approved a plan by Apple to build a $4-million shipping and...