Santander Bank has provided $715 million of financing, while Washington Capital Management has made a $418 million equity investment in Commonwealth Development Partners’ 500 North Michigan Ave redevelopment project in Chicago The Greenwich,...
Philadelphia Business Journal Hanwha Philly Shipyard has leased 64,380 square feet of office space at 201 Rouse Blvd, near Philadelphia’s Navy Yard The company, an affiliate of South Korean shipbuilder Hanwha Group, is taking three floors, or...
The life-sciences sector’s construction pipeline totaled 56 million square feet in the second quarter, down sharply from more than 25 million sf at its peak in the second quarter of 2023, according to Cushman & Wakefield About 45 million...
A venture of Grand Peaks and Silverton Holdings has broken ground on the Summit, a 164-unit apartment property in Avon, Colo Grand Peaks, of Denver, and Silverton, of Braselton, Ga, are building the property at 130 West Beaver Creek Blvd, about nine...
Commercial Observer PGIM has provided $57 million of financing for the conversion of the 51,853-square-foot office building at 152 West 36th St in Manhattan into a roughly 1,500-unit self-storage facility A venture of Mequity Cos and Flatiron...
The number of active data center moratoriums nationwide has surged to 279 through September, up from just 16 a year earlier, according to Interconnected Capital's US Data Center Moratorium...
Philadelphia Business Journal Welltower has paid $406 million, or $253,750/unit, for Arcadia at Limerick Pointe, a 160-unit seniors-housing property in Limerick, Pa, about 30 miles northwest of downtown, or Center City, Philadelphia The Toledo,...
Eastwind Development has lined up $455 million of construction financing for the 264-unit Aston at Longleaf apartment property in Melbourne, Fla TD Bank provided the loan The Palm Beach Gardens, Fla, developer is constructing the four-building...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Puget Sound Business Journal Toronto-Dominion Bank has provided $417 million of financing for the development of Block V, a 136 million-square-foot mixed-use property in Seattle’s Denny Triangle neighborhood The financing comes after the...
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