State: Pennsylvania - PA

Commercial Real Estate Direct Staff Report Braemar Hotels & Resorts Inc. has lined up $358 million of mortgage financing against four of its properties with a total of 1,200 rooms in Chicago, Philadelphia, Puerto Rico, and the Virgin Islands. Separately, ...

Affinius Capital has provided $100.3 million of financing to fund the construction of the 326-unit Atmosphere Pittsburgh student-housing property in the city's Oakland neighborhood. The 10-story property, which will have a 672-bed capacity, is being developed by a venture of ...

The proposed sale of the former Franklin Mills Mall in Philadelphia to Dean Adler has fallen apart, and the 1.58 million-square-foot retail property has now been taken off the market. The sale's collapse first was reported by the Philadelphia Inquirer, ...

Sky Capital Group has paid $22.6 million, or $104.63/sf, for Town Square Plaza, a 216,000-square-foot retail property in Pottstown, Pa. The Houston real estate firm acquired the shopping center from Bluejay Management of Long Island, N.Y., which had paid $28.6 ...

Philadelphia Business Journal Standard Communities has paid $29.3 million, or $157,527/unit, for The Helston, a 186-unit apartment property in Philadelphia's Wynnefield Heights neighborhood. The Los Angeles affordable-housing company acquired the property from an affiliate of Scully Co., which had paid ...

Commercial Real Estate Direct Staff Report Grove City Premium Outlets in the western Pennsylvania borough of Grove City has been reappraised at a value of $119.3 million, down from $149.8 million a year ago and $255 million in 2015, when ...

Philadelphia Business Journal TPG Real Estate Credit has provided $153 million of floating-rate construction financing for the first phase of Airport Logistics Center, a 1.05 million-square-foot industrial project in Tinicum Township, Pa., next to Philadelphia International Airport. A venture of ...

Philadelphia Business Journal A venture of Wilder and investors advised by JPMorgan Asset Management has acquired Marketplace at Huntingdon Valley, a 257,000-square-foot grocery-anchored shopping center in Huntingdon Valley, Pa., a suburb of Philadelphia, for $60 million, or $233.46/sf. The Boston ...