Commercial Real Estate Direct Staff Report Principal Life Insurance Co has provided $662 million of financing for the construction of Eastrail Flats, which will have 207 apartment units and 63 townhomes in Woodinville, Wash The financing was...
Brinkmann has broken ground on a 175,000-square-foot office property at 11901 Olive Blvd in Creve Coeur, Mo, about 16 miles west of St Louis The Chesterfield, Mo, company is building the property on behalf of First Bank, which will use it as its...
JLL Capital Markets has arranged an $1824 million Freddie Mac loan for the 358-unit Cambridge Estates apartment property in Lafayette, Ind The property, constructed in phases from 1973 to 1977, is owned by Brikwell of Denver, which had acquired it...
South Florida Business Journal Ground recently broke on the $50 million initial phase of the Southpointe Vista affordable-housing property in Miami McDowell Housing Partners is building the property on a 346-acre site at the northeast corner of SW...
Multi-Housing News StorageMart has acquired Storage Space, a 774-unit self-storage property in Carmel, Ind The seller and sales price could not yet be learned The 93,086-square-foot property was built between 1971 and 1983 at 147 West Carmel Drive,...
Commercial Real Estate Direct Staff Report Trinity Place Holdings Inc, which was created with the real estate assets of the former Syms Corp clothing retailer, has launched a review of potential strategic alternatives The New York company has hired...
Mortgage REITs saw their originations plunge during the latter half of last year as they adopted a cautious stance and built up liquidity to take advantage of what they hope soon will be better investing opportunities Last year, 13 publicly...
Deloitte has not renewed its lease for 260,000 square feet at 191 Peachtree, a 12 million-square-foot office building in Atlanta The consulting giant’s decision to not renew was first reported in the Atlanta Business Chronicle Deloitte has...
Commercial Property Executive Transwestern Investment Group has acquired Rickenbacker Global Logistics Park Rail Site 8, a 582,400-square-foot industrial property in Columbus, Ohio The purchase price could not yet be learned The Dallas investment...
Muti-Housing News Coastal Community Bank has provided $35 million of financing for the construction of Kōz on Alderwood, a 200-unit apartment property in Lynnwood, Wash The project’s developers, MSquared of New York and Kōz Development of...
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