Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
Crain’s Chicago Business Local developer R2 has paid $176 million, or $8195/sf, for the 214,768-square-foot office property at 600 West Fulton St in Chicago The seller was a venture led by real estate investor Randy Rissman, which bought it in...
New York Times The 38-story office property at 235 East 42nd St in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
South Florida Business Journal Natixis has provided 1925 million of construction financing for a 544-unit apartment project at 1775 Biscayne Blvd in Miami LCOR of New York is building the 42-story property on a 108-acre development site in...
Last year, at least 25 data-center projects throughout the country were canceled because of local resistance, a quadrupling of the number of projects that were nixed in 2024, according to Newmark...
Crain’s Chicago Business Prologis has paid $293 million for a 25-acre development site at 375 Army Trail Road in Glendale Heights, Ill, which is about 42 miles west of Chicago The San Francisco industrial REIT acquired it from Audacy, which...
Crain’s Chicago Business Nuveen has paid $26 million, or $37067/sf, for the Shops of Uptown, a 70,144-square-foot shopping center in Park Ridge, Ill, about 15 miles north of Chicago The Chicago investment manager acquired the retail property...
Multifamily construction activity is slowing in Orlando, Fla, as 1,215 new units came online in the first quarter, down sharply from the 2,988 units delivered in the fourth quarter of 2025 and the 2,276 units delivered in the first quarter of last...
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.
