Expiration of N.Y. Tax Benefit Could Slow Development of Affordable Housing

Commercial Property Executive An affiliate of Lincoln Property Co will break ground soon for I-10 International, a four-building industrial property with 986,600 square feet in Tucson, Ariz The Dallas developer is building the $260 million project...

PCCP LLC has provided $508 million of mortgage financing for the construction of Henley Place, a 178-unit apartment building in the Portland, Ore, suburb of Milwaukie, Ore The six-story building is being developed by Pahlisch Commercial of Bend,...

Parkview Financial has provided $225 million of financing against the 140,000-square-foot office building at 2225 3rd Ave North in Birmingham, Ala The loan is designed to allow the property’s owner, EPT Holdings LLC, an investor group...

Illinois News Seefried Properties has broken ground for O’Hare Logistics, an 80,053-square-foot industrial property in Mount Prospect, Ill The Atlanta developer is building the property at 2240 South Busse Road, about 22 miles west of Chicago It...

Associated Bank and Old National Bank each has provided $325 million of financing for the construction of Carbon 31, a 403-unit apartment property in Bloomington, Minn The property, at 8100 31st Ave S, about 11 miles south of Minneapolis, is being...

Commercial Real Estate Direct Staff Report Hines has acquired South Temple Tower, a 217,000-square-foot office property in Salt Lake City While the purchase price could not yet be learned, Salt Lake County had estimated its value at $539 million The...

REBusiness Online Kushner Cos has broken ground for One Journal Square, a mixed-use property in Jersey City, NJ, that will have 1,723 apartment units and 40,000 square feet of ground-floor retail space next to a PATH commuter transit station...

Commercial Observer Rosewood Realty Group is marketing for sale a mixed-use project that’s currently under construction at 159 Broadway in the Williamsburg section of Brooklyn, NY Bidding on the property, which was thrown into bankruptcy in...

Dallas Business Journal A groundbreaking is scheduled for September on Blazing Trails, a three-building industrial project in Fort Worth, Texas USAA Real Estate is developing the property, with more than 580,000 square feet, at Mark IV Parkway and...

Bisnow Molto Properties is breaking ground soon on two industrial properties totaling 26 million square feet in Minooka, Ill, and Romeoville, Ill Minooka Ridge Business Park is being constructed at 1001 Midpoint Road in Minooka, about 50 miles...