The partners of the Equus Club Wine Club at Lake Keowee venture announced in 2015 but never completed have shifted course to bring a new winery, under the name Eagle Mountain Winery LLC, to Greenville County.
UC Funds has secured a $6.85 million first mortgage loan for the refinance of the 139-room, 2.2-acre Wyndham Garden Greenville hotel within 3 miles...
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Quarterly market transactions in the Upstate
An ounce of prevention can be worth a pound of cure, especially in the case of commercial leases.
Of the three primary commercial real-estate sectors — office, industrial, and retail — retail has been altered the most since the recession.
Market analysis derived from second quarter 2018 CRE market reports provided by Avison Young, CBRE, Colliers, Cushman & Wakefield | Thalhimer, NAI Earle Furman, and Newmark Grubb Wilson Kibler.
Thanks to the Investing in Opportunity Act, co-sponsored by United States Senator Tim Scott (R-SC), as part of the Tax Cuts and Jobs Act passed in December 2017, the trillions of dollars U.S. investors currently hold in unrealized capital gains in stocks and mutual funds alone could be funneled straight back into the country’s left-behind locales.
For our quarterly commercial real estate issue, the Upstate Business Journal asked local real-estate experts to choose a statistic in the Upstate market that has caught their attention. Here are their responses.
Through CBRE’s Federal Housing Administration lending platform, the loan is being funded through the U.S. Department of Housing and Urban Development’s Section 223(f) mortgage insurance program providing a 35-year, fully amortizing, fixed rate and non-recourse loan structure.
The Furman Co., which purchased the property in fall of 2017, is renovating this property that most recently housed Diversified Systems Inc. (DSI) into “Poe West,” a Class-A office, restaurant, retail, and educational facility.
Greenville-based Aline Capital LLC closed a $22,575,000 loan for the acquisition of a The Parc at 1875 Apartments, a 352-unit apartment complex in Atlanta, Ga.
Bank of America has signed a new, long-term lease for approximately 32,000 square feet of space in the Camperdown building being constructed at 423 S. Main St. in Greenville, consolidating two offices currently located at 101 N. Main St. and 300 N. Main St.
Graycliff Capital Partners LLC in June announced the sale of Azalea Hill Apartment Homes for $19 million. Located off Verdae Boulevard, Azalea Hill offers views...
This most recent asset, 109 Kirby, was 100 percent occupied by Sun Products at the time of sale and will soon undergo both exterior and interior improvements, including LED lighting, parking lot repair, roof work, and updated office suites.