Phoenix Business Journal LaPour is planning to convert the 351,600-square-foot Arizona Center office building in downtown Phoenix into a 340-room JW Marriott hotel The 19-story building at 400 East Van Buren St is less than a block from the Phoenix...
Philadelphia Business Journal Zamir Equities is offering for sale a three-building office portfolio in Philadelphia’s Southern New Jersey suburbs totaling more than 315,000 square feet The New York investor has hired Marcus & Millichap to...
Orlando Business Journal JBL Development has lined up $625 million of construction financing for the first phase of The Gateway luxury apartment project in Orlando, Fla Highland Commercial Mortgage provided the loan JBL, a Hollywood, Fla, developer,...
Washington Business Journal C3M Power Systems has signed a lease for more than 141,000 square feet at Capital Interstate Logistics Center in Forestville, Md, about 10 miles southeast of Washington, DC The company, a subsidiary of Clark Construction...
South Florida Business Journal Coastland Residential has lined up $845 million of construction financing for Vybe 75, a 366-unit apartment project in Miami PNC Bank provided the loan The eight-story project is being built on a 437-acre site at 4383...
Foreign investors pursuing permanent residency in the United States through the EB-5 visa program have until September 30 to take advantage of existing minimum investment...
Commercial Property Executive Stack Infrastructure, Blue Owl Capital’s data-center development arm, has paid $664 million for a 71-acre development site at 15140 Keyser Road in Culpeper, Va The Denver company acquired the property from RACM,...
South Florida Business Journal A venture of SG Holdings and New Urban Development has secured $63 million of construction financing for the 153-unit Serenity Gardens affordable seniors housing project in Miami Gardens, Fla The financing package...
Philadelphia Business Journal An affiliate of Invesco has paid for $663 million, or $312,736/unit, for Spring House at Brandywine, a 212-unit apartment complex in West Chester, Pa The Atlanta investment manager bought the property from Coastal Ridge...
Washington Business Journal RPM Living has purchased the 260-unit Margarite apartment building in Washington, DC, for $110 million, or $423,077/unit The Austin, Texas, multifamily investor bought the property from its developer, Grosvenor of Chicago...
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.
