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...
Crain’s Chicago Business Vinayaka Hospitality is under contract to pay between $20 million and $25 million for the 520-room Wade Hotel in Chicago The Schaumburg, Ill, company is buying the property, at 644 North Lake Shore Drive, from Park...
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...
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...
Crain’s Chicago Business Draper & Kramer is under contract to pay $126 million, or $470,149/unit, for the 268-unit Albion Evanston apartment property in the Chicago suburb of Evanston, Ill The local developer is buying the property, at...
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...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
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