Development of seniors-housing units continues to fall well behind demand, driving the national occupancy rate for the sector to 899% in the second...
Houston Business Journal Southern Land Co has lined up $1659 million of financing for the construction of the 2811 Kirby mixed-use project in Houston Bank OZK provided the loan The Nashville, Tenn, developer is building the project on a two-acre...
Philadelphia Business Journal A venture of Clearview Hotel Capital and Oaktree Capital Management has lined up $57 million of financing for the Sofitel Philadelphia at Rittenhouse Square hotel in Philadelphia Simmons Bank provided the loan, which...
Philadelphia Business Journal E Kahn Development has paid $17 million, or $5263/sf, for the Robert A DiStefano Technology Center, a 323,000-square-foot office complex in Wayne, Pa The Malvern, Pa, developer acquired the two-building property from...
Washington Business Journal Google has agreed to lease most of the 231,000-square-foot office building at 500 North Capitol St NW in Washington, DC The Alphabet subsidiary plans to consolidate multiple office locations in the District into the...
Washington Business Journal Credit Agricole Corporate and Investment Bank has filed a foreclosure lawsuit against the owner of the 284,352-square-foot office building at 1250 Connecticut Ave NW in Washington, DC An affiliate of BGRE, the former...
Philadelphia Business Journal Harbert Management Corp has lined up $40 million of financing against the Cogir of Glen Mills, a 173-unit seniors-housing community in Glen Mills, Pa, a suburb of Philadelphia An undisclosed regional bank provided the...
Crain’s Chicago Business Digital Realty Trust is set to pay $90 million for the 108-acre Hawthorne Race Course at 3501 South Laramie Ave in Stickney, Ill, about nine miles southwest of Chicago The Austin, Texas, data-center operator is...
Washington Business Journal Ares Management has paid $344 million, or $27087/sf, for a pair of self-storage properties totaling 127,000 square feet in Rockville, Md The Los Angeles investment manager acquired the properties from Washington Property...
Pittsburgh Business Times A portfolio of three office buildings totaling 351,000 square feet at the Parkway Center development in Pittsburgh is headed to the auction block through the TenX online platform JLL is overseeing the offering, which...
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