South Florida Business Journal Wells Fargo Bank has increased its construction financing against Broken Sound Residences, a 494-unit apartment project under construction in Boca Raton, Fla, to $1765 million The bank assumed an existing $358 million...
Chicago Business Journal Magna-Tiles is planning to build a 245,000-square-foot industrial property within the Carlow Corporate Center in Bolingbrook, Ill, The manufacturer of magnetic building sets is constructing the property on an 1169-acre site...
Sky Capital Group has paid $226 million, or $10463/sf, for Town Square Plaza, a 216,000-square-foot retail property in Pottstown, Pa The Houston real estate firm acquired the shopping center from Bluejay Management of Long Island, NY, which had paid...
New York Business Journal Northwind Group has provided $231 million of construction financing for the conversion of 675 Third Ave, a 337,000-square-foot office building in Manhattan, into as many as 450 apartments A venture of Metro Loft Management...
Philadelphia Business Journal Lightstone Group has bought the 261,000-square-foot industrial property at 1800 Ogletown Road in Newark, Del, for $321 million, or $12299/sf The Lakewood, NJ, real estate firm acquired the property from Maguire Hayden...
CRG has broken ground on two buildings totaling 911,040 square feet at the Cubes at Etna industrial park in Etna, Ohio The Chicago developer is building the properties on 305 acres at 10202 Hazelton Etna Road, about 20 miles southeast of downtown...
Several of the largest publicly traded office REITs are moving back into the ground-up development game, after years of focusing on leasing and balance-sheet...
Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
South Florida Business Journal An affiliate of JVP Management has provided $1402 million of additional financing for New River Center, a 400-unit apartment project that’s under construction in Fort Lauderdale, Fla The lender took over an...
Philadelphia Business Journal Standard Communities has paid $293 million, or $157,527/unit, for The Helston, a 186-unit apartment property in Philadelphia’s Wynnefield Heights neighborhood The Los Angeles affordable-housing company acquired...
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