South Florida Business Journal Dwight Mortgage Trust has provided $50 million of construction financing for the first phase of the Ombelle Fort Lauderdale residential condominium project in Fort Lauderdale, Fla SBH Group arranged the loan on behalf...
Commercial Property Executive A venture of Metrobloks and Lincoln Property Co will develop a 150-megawatt data center at 2525 Old Hughes Road in Liberty, Mo, a suburb of Kansas City, Mo Metrobloks, of Los Angeles, and Lincoln, of Dallas, are...
South Florida Business Journal Canyon Partners has provided $123 million of construction financing for Adela II at MiMo Bay, a 337-unit apartment project in Miami’s Upper Eastside neighborhood Asia Capital Real Estate of Ponte Vedra, Fla,...
South Florida Business Journal McDowell Properties has bought the Nova Central Apartments, a 140-unit property in Davie, Fla, for $336 million, or $240,000/unit The Addison, Texas, company purchased the complex from Robbins Property Associates of...
Commercial Real Estate Direct Staff Report Morgan Stanley and Goldman Sachs are providing $360 million of mortgage financing against the 495,275-square-foot Lyrik office property in Boston’s Back Bay neighborhood The five-year loan will allow...
Commercial Property Executive Steele Development will break ground this year on Hub at Willows, a 138,724-square-foot industrial building in Redmond, Wash The Seattle developer will build the property at 9900 Willows Road NE, about 16 miles...
NewPoint Real Estate Capital LLC has provided a $49 million mortgage against the 288-unit Evolve at the Pines Apartment Homes in Greenville, NC The two-year loan has a relatively short term and is designed to allow the property’s developer,...
Commercial Real Estate Direct Staff Report DataBank is partnering with Goodman Group to complete the development of a 32-megawatt data center at 3094 East Vernon Ave in Vernon, Calif, about five miles southeast of downtown Los Angeles Goodman, of...
Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses Adler would invest $100 million into remaking the 37-year-old shopping...
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