Real Estate Rumors: Copart, Eighteen Capital, Binsong Li

Law360 (October 20, 2020, 7:11 PM EDT) -- Auto auction technology company Copart has picked up 117 acres of land in Homestead, Florida, for $34.75 million, the South Florida Business Journal reported on Tuesday. The deal is for 1465 S.E. 36th St., which Copart plans to use to store damaged vehicles prior to auctioning them, and the seller is entities managed by Florida investor Itai Kathein, according to the report.

Real estate private equity firm Eighteen Capital Group has landed $108 million in financing from Greystone for a portfolio of nine apartment complexes in multiple states, Commercial Observer reported on Tuesday. The 10-year loan is for nine complexes that...

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