Pittsburgh Post-GazetteTerminus Real Estate Inc., a Knoxville, Tenn., developer, is planning to convert a vacant, 13-story Pittsburgh office building into residential condominiums. The property, known as the Highland Building, sits in the city's East Liberty section. Terminus plans to convert ...
Greystone Servicing Corp., a Bethesda, Md., agency lender, has hired Michael McCullough from the Department of Housing and Urban Development, where as director of housing, he developed the multifamily accelerated processing, or MAP program.Under McCullough's direction, the agency's multifamily production ...
A partnership among three development firms paid $77.5 million for the Portland Center Apartments, a 537-unit property in Portland, Ore.The partnership, comprised of Williams & Dame Development, Bean Investment Real Estate and Reliance Development, is operating under the name Portland ...
Mark Winkler Co.'s full residential portfolio, 12 properties totaling 5,000 units in the suburban Washington, D.C., market The offering is expected to pull in more than $600 million. CB Richard Ellis has the listing.
Baltimore SunWCI Communities, a Florida developer, submitted plans for a 160-unit condominium tower in Columbia, Md. Prices will start in the $500,000's and each of the six penthouse units on the top floor will sell for more than $1 million. ...
W Development Corp., which is planning to build two residential towers and four loft buildings in Long Island City, is now looking to take on a joint venture partner or secure a bridge loan.
Broad Street Development LLC secured $105.1 million in financing for the acquisition and condominium conversion of two rental buildings on Manhattan's Upper East Side.AIG Global Investment Corp. is providing a floating-rate loan and Lehman Bros. provided equity for the project. ...
GE Commercial Finance Real Estate's Partners Group has paid $85 million for two Las Vegas apartment properties with 896 units.The two properties are Sunset Breeze and Sunrise Meadows, which were built in the mid-1980s. Both are in the Lakes region ...
The Star-Ledger Donald Trump and Dean Geilbel will partner to develop the tallest buildings in New Jersey along the Jersey City Waterfront. The project, known as Trump Plaza Jersey City, will include a 55-story tower with 445 condominiums and a ...
A group led by Evergreen Development has paid $24.9 million for Windermere Place Apartments, a 216-unit property in Muncie, Ind., near Ball State University.Evergreen, a Pasadena, Calif., company, typically puts together groups of tenant-in-common investors who are looking to complete ...
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