CAPRE’s Commercial Real Estate Headlines for November 1, 2019

Check out the latest deals and developments in commercial real estate for November 1, 2019: Texas Multifamily Real Estate Investment Firms Complete Merger: The PPA Group, a multifamily-focused commercial real estate firm, announced today its merger with Casoro Capital, a family office and real estate investment firm that partners with other family offices, high net worth individuals, and institutional investors through real estate investment funds, separately managed accounts, and direct transactions. The new company, named Casoro Group, will combine the expertise of both companies to bring a stronger investment presence to the multifamily real estate market, which is in the midst of a boom thanks to increasing demand for rental housing. Named one of the fastest-growing real estate companies by Inc. Magazine,  Casoro Group employs more than 100 team members made up of industry experts with decades of multifamily real estate investment and operational experience. Casoro prides itself on its company culture, which is unique in the real estate investment industry. Sabal Capital Partners Closes $70 Million Portfolio Through CMBS S-CRE Loan Program: Sabal Capital Partners, LLC, a diversified financial services firm specializing in commercial real estate, lending and investing, today announced the close of a $70 million portfolio encompassing the refinance of 17 multifamily assets located in the Bronx borough of New York. The portfolio represents five loans secured by a total of 477 rental units and was completed by Sabal’s New York-based CMBS team through the lender’s S-CRE program.…