Allen Morris Co has paid $31 million for a 155-acre parcel at 1060 Donald Lee Hollowell Parkway, along Atlanta’s Westside Beltline, on which it plans to develop a mixed-use property The Miami company, which has a number of other projects...
Element Property Co has purchased the 361-unit Kernan Oaks Apartments in Jacksonville, Fla, with plans to convert the 25-year-old student-housing property into conventional rentals The property, at 3601 Kernan Blvd South, was purchased for $87...
Orlando Business Journal Kissimmee Investors Ltd wants to expand its 1281-acre Fountainhead development in Kissimmee, Fla, about 22 miles south of Orlando, Fla The Winter Park, Fla, developer’s plans to add 576 residential units, 230,000...
Charlotte Business Journal Jefferson Apartment Group has plans to build a 350-unit apartment project in the Optimist Park area of Charlotte, NC The Washington, DC, developer recently paid $795 million for the project’s five-acre development...
Charlotte Business Journal The Keith Corp has proposed building a 143,020-square-foot industrial project in Belmont, NC, about 15 miles west of Charlotte, NC The property is being planned for a 227-acre site at The Oaks Commerce Center, which is on...
A venture led by Crestlight Capital has purchased the two-building SouthPark Towers office complex in Charlotte, NC, funding it with a $1678 million mortgage provided by Mesa West Capital Crestlight, which is based in Detroit, was founded five years...
Crain’s New York Business The 129-unit Fountaingate Gardens seniors-housing property in Commack, NY, has opened Gurwin Healthcare System developed the property, at 50 Happauge Road on Long Island, which is part of a larger 34-acre complex that...
CityBizcom A venture of Stonemont Financial Group and Stotan Industrial will break ground soon on DuPage Crossings, a 258,720-square-foot industrial property in West Chicago, Ill The property is being built speculatively on a 17-acre site at the...
Commercial Observer RFR Holding has closed on its purchase of 475 Fifth Ave, a 282,000-square-foot office building in Manhattan’s Bryant Park area for which it paid $290 million, or $1,028/sf The New York company had funded the acquisition...
The Detroit News Local developer Mark Bennett has broken ground on Lafayette West, a 318-unit residential property that will have condominium and apartment units in Detroit It will cost $150 million to construct The property will have 230 apartments...
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