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,...
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...
Crain’s Chicago Business Greystar is offering for sale One Six Six, a 223-unit apartment property in Chicago The Charleston, SC, investor hired JLL to market the property, which it developed in 2023 The property, at 166 North Aberdeen St, is...
Chicago Business Journal RJW Logistics Group has agreed to pre-lease a 12 million-square-foot building at Karis Park West, a 200-acre industrial project that’s currently under construction in Montgomery, Ill, a western suburb of Chicago The...
Milwaukee Business Journal An affiliate of Altitude Capital Partners has paid $372 million, or $180,582/unit, for Bakers Place, a 206-unit apartment property in Madison, Wis The Chicago asset manager acquired the property from its 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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