Crain’s Chicago Business Blackstone Group has paid $151 million for a portfolio of seven industrial properties totaling 11 million square feet in and around Chicago The New York company purchased the portfolio from CenterPoint Properties of...
Midwest Real Estate Journal Colliers Mortgage has provided an $182 million Fannie Mae loan to finance Peak Capital Partners’s acquisition of the 98-unit Crossroads at Elm Creek in Maple Grove, Minn The loan has a 10-year term and amortizes on...
Commercial Observer MetLife Investment Management has provided $805 million of financing against the 338-unit Solaire 8250 apartment property in Silver Spring, Md, about six miles from Washington, DC Washington Property Co will use the 10-year,...
Cincinnati Business Courier Miller-Valentine Group is breaking ground later this year on the 190-unit Union at Eastgate apartment property in Cincinnati, Ohio The Dayton, Ohio, company is developing the four-story property on a six-acre site at 4427...
Minneapolis/St Paul Business Journal An affiliate of Larson Capital Management has paid $162 million, or $135/sf, for the 120,000-square-foot Crest Ridge Capital Center office building in Minnetonka, Minn The Chesterfield, Mo, investor acquired the...
Columbus Business First Edwards Communities has received approval from the Columbus, Ohio, Downtown Commission to build a 133-unit apartment complex in that city The 13-story project, at 195 East Broad St, will take the place of two buildings that...
Crain’s Chicago Business Sterling Bay Co and Marquette Cos each have apartment developments in the works for Chicago Sterling Bay, of Chicago, is planning a 320-unit building at 160 North Morgan St, with 32 units reserved for residents making...
Minneapolis/St Paul Business Journal Phillips Edison & Co has paid $248 million, or $17343/sf, for the 143,000-square-foot West Village Center in Chanhassen, Minn The Cincinnati REIT purchased the retail property from an affiliate of Glenborough...
Cincinnati Business Courier PLK Communities LLC, a local management company, has broken ground on Gentry East, a 96-unit apartment building in Cincinnati The property, at 4323 Glen Este-Withamsville Road, will have two- and three-bedroom units with...
Crain’s Chicago Business Pacific Reach Properties plans to develop a pair of apartment buildings totaling 1,053 units at 601-625 West Monroe St in Chicago The Vancouver, British Columbia, investment firm acquired the development site from a...
