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,...
Phoenix Business Journal Data center developer 5C AI has paid $2275 million, or $20059/sf, for the 113,414-square-foot industrial building at the northwest corner of McDowell Road and 27th Avenue in Phoenix The The Saint-Laurent, Quebec, company...
Commercial Property Executive Bank of America has provided $725 million of financing against Alameda Business Centre, a 507,000-square-foot industrial property in Los Angeles The financing was arranged on behalf of the property’s owner,...
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...
San Francisco Business Times An affiliate of Libertas Cos has taken control of the 253,000-square-foot office building at 1333 Broadway in downtown Oakland, Calif, through a deed-in-lieu of foreclosure Swift Real Estate Partners had owned the...
The Real Deal Airbnb has agreed to lease the Takahashi Building, a 100,000-square-foot mixed-use property in San Francisco The short-term rental company’s headquarters are nearby at 888 Brannan St, where it recently renewed its 250,000-sf...
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...
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