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...
Crain’s Chicago Business Draper & Kramer is under contract to pay $126 million, or $470,149/unit, for the 268-unit Albion Evanston apartment property in the Chicago suburb of Evanston, Ill The local developer is buying the property, at...
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...
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...
Crain’s Chicago Business FPA Multifamily is offering for sale two apartment properties with a combined 572 units in downtown Chicago The San Francisco investment manager hired Newmark to market properties, which have no asking price FPA...
Minneapolis/St Paul Business Journal Blu Dot has leased River Edge Business Center, a 250,000-square-foot industrial property in Fridley, Minn The furniture maker will move into the building, at 7350 Commerce Lane Northeast, in November The property...
Multi-Housing News JPL Development has secured $483 million of Freddie Mac financing against the Edison at Maple Grove, a 248-unit apartment property in the Minneapolis suburb of Maple Grove, Minn Gantry arranged the 10-year loan, which requires...
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 Kolter Urban and BH Group have lined up $197 million of construction financing for Olana Naples Residences, a 12-unit condominium project in Naples, Fla Apollo Global Management and BDT & MSD Partners provided the debt Units...
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