The Wall Street Journal Dalian Development has paid $24 million, or $2553/sf, for the 940,000-square-foot office building at 301 7th St SW in Washington, DC, and is planning to convert it into apartments The Washington developer acquired the vacant...
Commercial Real Estate Direct Staff Report Washington Federal Bank has provided $88 million of financing for the construction of the 360-unit Leeway apartment property in the northern Seattle suburb of Shoreline, Wash JLL Capital Markets arranged...
South Florida Business Journal Synovus Bank has provided $54 million of construction financing for the Northside Town Station apartment complex in Miami Locally based IMC Equity Group is building the 244-unit project at 2995 NW 79th St in the...
Crain’s Chicago Business Wintrust Bank has provided $83 million of financing for the development of the 388-unit apartment property at 1010 South Wells St in Chicago’s South Loop neighborhood CMK Cos is developing the complex within the...
The Real Deal Fortress Investment Group has paid $50 million, or $95,238/room, for Westin O’Hare, a 525-room hotel in Rosemont, Ill, a northwestern suburb of Chicago The New York investment manager acquired the property from Clarion Partners,...
Commercial Real Estate Direct Staff Report Multifamily construction starts increased last year to 393,000 units from the 332,000 units that were started in 2024, putting them at a level greater than the 316,000-unit annual average between 2015 and...
Crain’s Chicago Business Strategic Properties of North America is offering for sale the 196-unit apartment property at 1250 North LaSalle St in Chiago’s Gold Coast neighborhood The Lakewood, NJ, investment firm hired Newmark to market...
Crain’s Chicago Business RPM Living has paid $102 million, or $346,938/unit, for Orland Ridge, a 294-unit apartment property in Orland Park, Ill, a southern suburb of Chicago The Austin, Texas, multifamily investor bought the property from its...
Chicago Business Journal Octave Holdings and Investments has paid $29 million, or $16860/sf, for Randal Square, a 172,000-square-foot retail center in Geneva, Ill, a western suburb of Chicago The Alpharetta, Ga, company acquired the property from...
Orlando Business Journal A venture of FRP Development Corp and Strategic Real Estate Partners has broken ground on Camp Lake Commerce Center, a seven-building industrial complex in Minneola, Fla, about 35 miles northwest of Orlando International...
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