Fortress Investment Group has provided $269 million of financing for the construction of Nautilus 220, a proposed residential condominium project in Lake Park, Fla The loan was arranged by Concord Summit Capital of Denver, while law firm Arnstein...
Atlanta Business Chronicle Construction is underway on McAuley Station, a 170-unit mixed-income housing property east of downtown Atlanta Pennrose of Philadelphia is building the property on Gartrell Street near a MARTA transit station It will cost...
Crain’s New York Business New Empire Corp has purchased the 19,000-square-foot lot at 58-01 Queens Blvd in the Woodside section of Queens, NY, for $162 million, with plans to construct a 12-story residential condominium building The Brooklyn...
Dallas Morning News Toll Brothers Apartment Living has started work on The Remy, a 357-unit apartment project in the Dallas suburb of Frisco, Texas The multifamily development arm of the Fort Washington, Pa, homebuilder is constructing the...
Commercial Observer A venture of Electra America and AKA has purchased the 152-room One Washington Circle Hotel in Washington, DC, for $49 million, or $322,368/room The property, at 1 Washington Circle, was purchased from George Washington...
Orlando Business Journal Plans have been filed for an 856-unit apartment project in the South Downtown district of Orlando, Fla The two-building project is being planned for a 56-acre industrial site at 415 West Kaley St If approved, it would be...
Wall Street Journal A venture of Black Spruce Management and Orbach Affordable Housing Solutions has agreed to buy six apartment buildings with about 1,700 units on Manhattan’s Upper East Side for $175 billion Since many leases in the...
The Real Deal Two Kings Real Estate has bought the 226-room Holiday Inn Hotel in the Chelsea section of Manhattan for $803 million, or $335,309/room Watermark Lodging Trust sold the property, at 125 West 36th St, which has been struggling...
Dallas Business Journal H-E-B has unveiled plans to add 325,000 square feet of space to its Temple, Texas, distribution center The San Antonio grocery store chain wants to build an automated frozen distribution line that will create more than 100...
Dallas Morning News Core5 Industrial Partners is developing a two-building business park with more than 600,000 square feet in Lancaster, Texas, about 16 miles south of Dallas The Atlanta developer is building the industrial property on Bear Creek...
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