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$15.85M Multifamily Deal, Medical RE Momentum & CRE Finance Insights
Big Red Flags & Bold Buys
In a notable medical real estate deal, the Javid family has acquired a fully leased DaVita medical office property in Freeport, NY for $2.92 million. The asset was brokered by Silber Investment Properties.
Transaction details:
• Size & Location: 7,210 sq. ft. over two stories on 0.69 acres.
• Tenant Strength: DaVita—part of a $12.8B global network—has 5 years left on the lease, plus 3 renewal options.
• Cap Rate: 6.71%, reflecting solid investor demand in healthcare real estate.
With stable leases and critical services, medical office assets remain a top target in today’s CRE climate.
He’s already IPO’d once – this time’s different
Spencer Rascoff grew Zillow from seed to IPO. But everyday investors couldn’t join until then, missing early gains. So he did things differently with Pacaso. They’ve made $110M+ in gross profits disrupting a $1.3T market. And after reserving the Nasdaq ticker PCSO, you can join for $2.80/share until 5/29.
This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.
Staying sharp is non-negotiable in CRE. Top brokers continuously refine their skills through:
• Required CE: 45 hours every 4 years in California
• Elite Designations: SIOR, CCIM, and others signal expertise
• Transaction Volume: Staying active keeps market instincts sharp
• Thought Leadership: Mentoring and writing solidify knowledge
In today’s landscape, education isn’t optional—it’s your competitive edge.
Thompson Hine has added a veteran real estate partner to its Los Angeles office, continuing its strategic growth in core U.S. markets.
Move highlights:
• Background: Transaction-focused experience from Troutman Pepper Locke LLP
• Strategy: Deepens firm’s local capabilities in a highly active real estate market
• Outlook: Positioned to meet growing demand for deal counsel in the West
This hire signals Thompson Hine’s focus on top-tier advisory services in competitive jurisdictions.
IPA, a Marcus & Millichap company, has completed the $15.85M sale of River Lofts, a 74-unit property in Tualatin, OR.
Key deal points:
• Price Per Unit: $214,189
• Buyer/Seller: FPA Multifamily purchased from Next Wave Investors
• Area Profile: $126K average income within 3-mile radius, near Bridgeport Village
• Built in 1974, the asset has seen recent capital upgrades
This deal showcases investor appetite for stabilized multifamily product in affluent suburban markets.
On the latest “Investment Matters” podcast, industry veteran Toby Cobb unpacks what’s driving turbulence in CRE finance.
Key takeaways:
• Interest Rates: Prolonged pressure likely
• Lending Outlook: Banks still cautious; extend-and-pretend is problematic
• Construction Capital: Access tightening amid rising costs
• Case Study: Compares 3 Midtown Manhattan office deals—insightful for value tracking
This is a must-listen for asset managers, lenders, and sponsors navigating today’s financing complexity.