Sagax Spain has completed two transactions worth €80.9m, acquiring five properties across Madrid, Valencia and Navarra.
CRE Herald
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The former CEO of Taco Bell says McDonald’s new drink menu lacks originality. Greg Creed, who served as Taco Bell’s chief marketing officer when the chain introduced the popular “Baja Blast” drink over 20 years ago, shared some feedback this week on McDonald’s new menu of “refresher” drinks. “Any brand could have come up with…
A proposed Federal Housing Finance Agency (FHFA) overhaul of its Duty to Serve (DTS) regulation drew its final industry comments Friday, with lenders, bankers and community advocates expressing caution as a public comment period ended. The comments broadly support preserving the program’s mission while urging the FHFA to maintain accountability, transparency and measurable outcomes as…
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Munis were slightly weaker on Friday, as U.S. Treasuries cheapened and equities ended higher. Processing Content Muni yields cheapened by up to two basis points. USTs cheapened by three to five basis points outside of the one-year mark. Monday will bring the second-highest semi-monthly reinvestment of the year, but the week could still be a…
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Berkadia brokered the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Christian DiCroce, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia Charleston led the transaction on behalf of ATC Development, the seller. MacArthur Park sold for $40.6 million and the sales price reflects a per-unit price of $140,000 or $168…