Minneapolis/St Paul Business Journal JPMorgan Chase has paid $7615 million, or $9413/sf, for two industrial properties totaling about 809,000 square feet in Owatonna and Ramsey, Minn The banking giant acquired the properties in a sale-leaseback from...
Minneapolis/St Paul Business Journal Centaur Capital Partners has paid $32 million, or $18391/sf, for Cobalt Business Center, a 174,000-square-foot industrial property in Mendota Heights, Minn The Lake Forest, Ill, investor acquired the property, at...
New York Business Journal Northwind Group has provided $231 million of construction financing for the conversion of 675 Third Ave, a 337,000-square-foot office building in Manhattan, into as many as 450 apartments A venture of Metro Loft Management...
CRG has broken ground on two buildings totaling 911,040 square feet at the Cubes at Etna industrial park in Etna, Ohio The Chicago developer is building the properties on 305 acres at 10202 Hazelton Etna Road, about 20 miles southeast of downtown...
Several of the largest publicly traded office REITs are moving back into the ground-up development game, after years of focusing on leasing and balance-sheet...
The Real Deal A venture of Bender Cos and Eastham Capital has paid $32 million, or $145,454/unit, for the 220-unit Fox Run apartments in St Charles, Ill Bender, of Chicago, and Eastham, of Boca Raton, Fla, acquired the property, at 145 Walnut Drive,...
Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
South Florida Business Journal An affiliate of JVP Management has provided $1402 million of additional financing for New River Center, a 400-unit apartment project that’s under construction in Fort Lauderdale, Fla The lender took over an...
AZ Big Media Plaza Cos and Fayth Hospitality plan to break ground on the 257-room Hotel Six Four, Mayo Blvd in Phoenix Plaza, of Peoria, Ariz, and Fayth, of Dallas, will build the property at the southeast corner of 64th Street and Mayo Boulevard,...
South Florida Business Journal Tyko Capital has provided $817 million of construction financing for Faena Residences Miami, a 440-unit condominium project along the Miami River A venture of Fortune International Group and KAR Properties is...
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