BisNow JPMorgan Chase Bank has provided $300 million of mortgage financing against the first phase of the CityCenter mixed-use property in Washington, DC The financing, arranged by Eastdil Secured, allowed Hines, which developed the property, at...
Crain’s Chicago Business JVM Realty Corp paid $30 million, or $265,486/unit, for the 113-unit Ellison Apartments in Des Plaines, Ill The Oak Brook, Ill, investment manager purchased the property from Opus Group in a deal brokered by CBRE A...
Tampa Bay Business Journal NexGen Hotel has paid $1875 million, or about $145,349/room, for the Holiday Inn St Petersburg West hotel in St Petersburg, Fla The Schaumburg, Ill, company bought the 129-room property from an undisclosed seller It lined...
MF1 Capital has provided $51 million of financing against the recently completed 204-unit Mossdale Landing Apartments in Lathrop, Calif, in the state’s Central Valley region JLL Capital Markets arranged the financing, which has a three-year...
For the first time in a decade, institutional investors didn't increase their target allocations to real estate this year, leaving them flat at a weighted average 108 percent of total assets The expectation is that allocations would remain flat...
Crain’s New York Business SL Green Realty Corp might be gearing up to spin off a stake in some of its Manhattan office properties, including the 13 million-square-foot 280 Park Ave Andrew Goldfarb, an analyst with Piper Sandler, noted that the...
Dallas Morning News Work is expected to start early next year on Mustang Crossing, a 546,330-square-foot industrial project in Southlake, Texas A venture of Constellation Real Estate Partners and Northwestern Mutual Real Estate is building the...
REBusiness Online Synergy Construction & Development Co is planning to build Winfield Reserve, a 147-unit apartment property in Winfield, Ill The Chicago developer will build the property at the intersection of Jewell Road and Church Street,...
Dallas Morning News The Kaufman Economic Development Corp has plans to build a 12 million-square-foot industrial project in Kaufman, Texas, about 34 miles southeast of Dallas The city-run group recently purchased more than 100 acres along US Highway...
San Antonio Business Journal A venture of The NRP Group and the Brooks Development Authority has proposed building a 350-unit apartment property on the site of the former Brooks Air Force Base in San Antonio The project is being planned for a...
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