Kigo and YapStone announce the launch of Kigo Marketplace
Jun03

Kigo and YapStone announce the launch of Kigo Marketplace

Kigo and YapStone announce the launch of Kigo Marketplace, the industry’s first global platform for verified short-term rental businesses, armed with a deeply customized payment solution. Kigo Marketplace is a global platform that enables property managers to optimize their management of short-term rental inventory and capture a larger percentage of booking fee revenue from guests. It replaces numerous, disparate point-products...

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Security Properties acquires Pavilions on Central in Phoenix, AZ
Jun03

Security Properties acquires Pavilions on Central in Phoenix, AZ

On May 15, 2018, Security Properties and funds managed by Oaktree Capital Management, L.P. purchased Pavilions on Central, a 254-unit multifamily property located in Phoenix, AZ for $59,000,000. SP now owns nine assets totaling over 3,700 units in the Phoenix marketplace. The property is located within the Midtown neighborhood of Phoenix. Similar to the valley’s other core urban markets like Downtown Phoenix, Downtown Tempe or...

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Wheeling Town Center breaks ground on commercial property
May31

Wheeling Town Center breaks ground on commercial property

Construction is officially under way at Wheeling Town Center on anchor tenant CMX Cinemas, City Works Eatery and Pour House, and Starbucks. The Lynmark Group, developer of Wheeling Town Center, has also announced new dining and entertainment to join the 100,000 square foot commercial plaza scheduled to open in early 2019. The additions include local businesses Mia’s Cantina and 312 Nails & Spa. “Breaking ground last...

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Crown Bay Group acquires two Georgia apartment communities
May26

Crown Bay Group acquires two Georgia apartment communities

Crown Bay Group, LLC, a Georgia based real estate investment firm, has acquired The Pines at Greenbriar in Atlanta and Mountain Oaks in Stone Mountain. The communities total 544 units and are located in high demand areas. The value of the acquisition was $27.7 million. Crown Bay now owns 10 communities throughout the state of Georgia. “These were perfect properties for our investors’ portfolio,” said Steve Firestone,...

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