Connecticut Realty Trust recently completed its roughly $25 million “Grand Luxury Homes” project in Granby, which features 23 duplex-style houses and 19 single-family homes available for rent. The development was completed in June and fully leased by August, Kligerman, said.

Trulo Homes Quail Village, a single-family, rentals-only neighborhood, the first such development in OKC, is well under way with more than a dozen homes leased at 2145 Watermark Blvd. The project is a joint venture by Dallas-based Red River Development and Monument Square Investment Group in Beverly Hills, California.

The owners of a 333,572-square-foot warehouse have sold the asset for nearly double what they paid for it just two years ago, adding to the high sales volume in Southern California. MDH Partners paid $112.3 million, or $337 per square foot, for the Harvill Avenue Logistics Center in the Inland Empire, according to data provided by Vizzda.

Monument Square Investment Group (“MSIG”) has recently promoted Kris Shepherd to Associate, Investments. Kris is primarily responsible for the diligence, market research, and financial analyses of prospective investments across the firm’s verticals.

Waterford Property Company, Turnbridge Equities and Monument Square Investment have scored approvals from the City of Long Beach to redevelop a shuttered mall into 900 apartments. The City Council unanimously approved the developers’ plan to build apartments and 38,000 square feet of retail across the 14-acre former City Place Long Beach at a meeting on Tuesday night.

Monument Square Investment Group (“MSIG”) has recently hired Emily Doan as Associate Vice President, Asset Management. Emily will primarily be responsible for overseeing the ongoing management of MSIG’s investment portfolio across its verticals.

Monument Square Investment Group (“MSIG”) has recently promoted Spencer Myers and Nate Nearhood to Vice President, Investments. Spencer and Nate are fundamental leaders on MSIG’s investment team, and are responsible for managing the sourcing, origination, diligence, and execution of portfolio investments.

New York-based Turnbridge Equities, Newport Beach-based Waterford Property Company and Monument Square Investment Group, based in Beverly Hills, have unveiled plans for 900 new apartments and 30,000 square feet of shops and restaurants at the open-air mall, the Long Beach Business Journal reported. The trio of real estate investors acquired the beleaguered shopping center in March of last year through the sale of a $63 million loan.

A complete renovation is coming to a large portion of the Downtown Long Beach shopping center formerly known as City Place. The team behind the reimagined development, which was rebranded as Mosaic earlier this year, unveiled its plans for the project to the local community on Thursday evening. Waterford, along with Turnbridge Equities and Monument Square Investment Group, announced the joint acquisition of the shopping district in March 2021.

Trulo Homes, a roughly $25 million rental home community being built in Jenks, is the creation of Red River Development, a company started two years ago by Steven Watts; his brother, Ryan Watts; and Jay Dempsey. Trulo has the backing of Southern California-based equity firm Monument Square Investment Group.

A partnership between Monument Square Investment Group (“MSIG”) and Red River Development (“RRD”, jointly the “JV”), has acquired an entitled 25.21-acre multifamily development site in Bentonville, AR. The project will mark the partnership’s third investment under its broader programmatic platform.

Monument Square Investment Group (“MSIG”) has recently promoted Matt Doherty to Managing Director, Investments. Matt Doherty is an integral leader on MSIG’s investment team, and is responsible for managing the investment process by overseeing the sourcing, origination, diligence, and execution of portfolio investments.