LongIslandcom PX4 Development has paid $15 million, or $187,500/room, for the former 80-room Hampton Inn at 120 Jericho Turnpike in Jericho, NY, with plans to convert it into a student-housing property The Manhasset, NY, developer will carve out...
San Antonio Business Journal A venture of Palladium USA and the San Antonio Housing Trust Public Facility Corp has broken ground a 271-unit affordable-housing property in San Antonio The property, dubbed Palladium Crestway, is being built at the...
Dallas Morning News Ground has broken on Flynn at Live Oak, a 327-unit apartment property in Dallas Conor Commercial Real Estate is building the five-story property at Live Oak and Bennett streets The development site has sat vacant for more than a...
REBusiness Online RISE, a Boston-area developer, has received approval from the Boston Planning & Development Agency to construct a 750,000-square-foot mixed-use property at 40 Roland St in the Charlestown section of the city The property will...
REBusiness Online Tandem Partners has opened Sage West Loop, a 196-unit apartment property in Chicago’s West Loop neighborhood The local developer broke ground on the property, at 1044 West Van Buren St, in April 2022 Sage West Loop has...
Orlando Business Journal Clarion Partners has paid $9055 million, or about $13539/sf, for the Northwest Distribution Center, a 668,800-square-foot industrial property in the Orlando, Fla, suburb of Apopka, Fla The New York company purchased the...
Charlotte Business Journal LM Real Estate Partners has purchased the Logistics Pointe Distribution Center, an 879,128-square-foot industrial property in Charlotte, NC, for $82 million, or about $9327/sf An affiliate of New York Life Insurance Co was...
Commercial Observer TD Bank has provided a $725 million construction loan for a 133-unit apartment project that’s being developed at 544 Carol St in the Gowanus section of Brooklyn, NY JLL arranged the financing The property is being developed...
Commercial Observer Customers Bank has provided $64 million of financing for the construction of a 197-unit apartment property at 580 Gerard Ave in the Mott Haven section of the Bronx, NY The property is being developed by a venture of Stellar...
Phoenix Business Journal The X Co has broken ground on X Roosevelt, a 370-unit apartment property in downtown Phoenix The Chicago developer is building the 19-story property at 625 to 629 North 2nd Ave X Roosevelt is estimated to cost $150 million...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
