Cincinnati Business Courier InSite Real Estate has paid $5595 million, or $4054/sf, for the 138 million-square-foot industrial property at 3500 Salzman Road in Monroe, Ohio, a suburb of Cincinnati The Oak Brook, Ill, real estate firm acquired the...
South Florida Business Journal Tyko Capital has provided $507 million of construction financing for the 106-unit condominium project at 1250 West Ave in Miami Beach, Fla A venture led by Terra of Miami is developing the 28-story property Unit sales...
Multi-Housing News Thompson Thrift has broken ground on the Highline, a 300-unit apartment property in Nampa, Idaho The Indianapolis developer is building the property at 16761 North Idaho Center Blvd, about 17 miles east of Boise, Idaho Highline...
Multi-Housing News Affinius Capital has provided a $948 million loan for the construction of Zev Corvallis, a 262-unit student-housing property near Oregon State University in Corvallis, Ore The 13-story property, at 516 SW Fourth St, is being...
Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Crain’s Chicago Business Lululemon has agreed to lease 12,000 square feet of retail space at the base of Tribune Tower, a 162-unit condominium property along Chicago’s Magnificent Mile, a popular retail corridor The athletic apparel...
Crain’s Chicago Business Nuveen has paid $91 million, or $473,958/unit, for the 192-unit apartment complex at 255 North Addison Ave in the Chicago suburb of Elmhurst, Ill The New York investment manager acquired the property from its...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
