Philadelphia Business Journal Welltower has paid $406 million, or $253,750/unit, for Arcadia at Limerick Pointe, a 160-unit seniors-housing property in Limerick, Pa, about 30 miles northwest of downtown, or Center City, Philadelphia The Toledo,...
Eastwind Development has lined up $455 million of construction financing for the 264-unit Aston at Longleaf apartment property in Melbourne, Fla TD Bank provided the loan The Palm Beach Gardens, Fla, developer is constructing the four-building...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Puget Sound Business Journal Toronto-Dominion Bank has provided $417 million of financing for the development of Block V, a 136 million-square-foot mixed-use property in Seattle’s Denny Triangle neighborhood The financing comes after the...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Commercial Observer JE Richards has leased all 935,000 square feet at the recently constructed 211 Centreport Parkway industrial property in Stafford, Va The Lanham, Md, commercial electrical contractor and manufacturer will make data-center...
Bucks County Courier Times The demolition of most of the Neshaminy Mall in the Philadelphia suburb of Bensalem, Pa, is scheduled to get underway in December The 105 million-square-foot retail property was purchased two years ago by a venture of...
Philadelphia Business Journal EPR Properties has paid $60 million, or $500/sf, for the 120,000-square-foot retail building occupied by Netflix House in King of Prussia, Pa The Kansas City, Mo, REIT acquired the property from HBC, the former...
Commercial Observer S3 Capital has provided $45 million of construction financing for a planned 99-unit apartment property in the Williamsburg section of Brooklyn, NY GW Infinity of Brooklyn is developing the 17-story project at 277 North Eighth St...
Commercial Observer O’Melveny & Myers has signed a 15-year renewal for about 100,000 square feet of office space at 1625 Eye St NW in Washington, DC The law firm, which has been at the 405,000-sf property since 2003, occupies its top three...
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