Crain’s Chicago Business Morguard North American Residential REIT has paid $81 million, or $337,500/unit, for the 240-unit Xavier Apartments in Chicago The Canadian REIT purchased the property from its developer, Green Cities Co, which was...
The Real Deal Nuveen Real Estate has paid $85 million, or $89474/sf, for the 95,000-square-foot production studio at 2160 East 7th St in Los Angeles The investment manager purchased the property from a venture of Related Fund Management and DGMT,...
Tampa Bay Business Journal Woodfield Development has lined up $60 million of financing for the construction of a 305-unit apartment project in Tampa, Fla CIBC Bank provide the loan The Isle of Palms, SC, developer recently paid $105 million for the...
South Florida Business Journal Miami’s City Planning Commission will consider a proposal next week for an eight-story apartment project in North Miami Pinnacle, a multifamily developer, is proposing to build the 239-unit property on 159 acres...
Dallas Business Journal A groundbreaking is scheduled for later this year on the Castle Hills Marketplace, a 380-unit apartment property in Lewisville, Texas JPI of Dallas is developing the property at 4500 Windhaven Parkway, about 25 miles north of...
Multi-Housing News Urban Street Group is planning to construct a built-to-rent property with 307 units at 14935 West Van Buren St in Goodyear, Ariz The Schaumburg, Ill, investment and development company purchased the project’s 169-acre...
ConnectCRE Logistics Plus Warehousing & Fulfillment Inc has agreed to fully lease the second phase of the Columbia Business Park, a 374,000-square-foot industrial property in Riverside, Calif The logistics company is leasing its space from the...
The Registry Olympus Property has paid $1125 million, or $628,491/unit, for Angelene, a 179-unit apartment property in West Hollywood, Calif The Fort Worth, Texas, investor purchased the property from JPMorgan Asset Management in a deal brokered by...
Orlando Business Journal Picerne Real Estate Group wants to redevelop the former Macy’s store at the Seminole Towne Center in Sanford, Fla, into 350 apartment units The 175-acre development site includes the store and some parking lots on the...
Charlotte Business Journal An affiliate of MacKenzie Investment Group has filed plans to build a 13 million-square-foot industrial project in Richburg, SC The project is being proposed for a development site at SC Highway 9 and Interstate 77, about...
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