Multi-Housing News Concord Summit Capital has arranged $1155 million of financing for the construction of the 457-unit Collins at Union Park apartment property in Fort Collins, Colo The property is being developed by Livmark Communities of Windsor,...
Crain’s Chicago Business Acadia Realty Trust is offering for sale the five retail buildings with 103,526 square feet at 2731 North Clark St and 639, 662, 613-623 and 651-671 West Diversey Parkway in Chicago The New York REIT has hired Newmark...
Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St in Chicago through a deed in lieu of foreclosure The venture previously...
Dwight Mortgage Trust has provided $183 million of financing for the construction of a 530-unit apartment property in the northern California city of Gilroy The loan is the largest construction loan ever originated by the company, the mortgage REIT...
Washington Business Journal GoodHomes Communities has paid $35 million, or $187,166/unit, for the Arlington Court Suites, a 187-room hotel in the Washington, DC, suburb of Arlington, Va The New York investment firm purchased the property from an...
South Florida Business Journal New Sense LLC has lined up $111 million of construction financing for the 328-unit Sense 22 apartment project in Miami The lender is identified as S3 RE 114-138 NE 22nd Street Funding LLC New Sense, a Miami developer,...
Crain’s Chicago Business RPM Living has paid $125 million, or $385,802/unit, for SoNo East, a 324-unit apartment property in Chicago’s Goose Island neighborhood The Austin, Texas, investor acquired the property, at 840 West Blackhawk St,...
Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
Crain’s Chicago Business Local developer R2 has paid $176 million, or $8195/sf, for the 214,768-square-foot office property at 600 West Fulton St in Chicago The seller was a venture led by real estate investor Randy Rissman, which bought it in...
New York Times The 38-story office property at 235 East 42nd St in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on...
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