Philadelphia Business Journal Westover Cos. is planning to convert the 112,000-square-foot office building at 901 North Market St. in Wilmington, Del., into an 82-unit apartment property. The King of Prussia, Pa., company bought the 14-story building at a 2017 auction ...
South Florida Business Journal A venture of the Related Group and Metro 1 has lined up $72.8 million of construction financing for the Wynwood 29 mixed-use project in Miami. Cerberus Capital Management provided the loan, which was arranged by Newmark. ...
Real Estate NJ Brookfield Asset Management is breaking ground next year on a 176,000-square-foot industrial building in Somerset, N.J., about 45 miles southwest of Manhattan. The New York investor is constructing the property on two parcels at 425-429 Elizabeth Ave. ...
L.A. Biz S3D Partners has lined up $27 million of construction financing for the 64-room Hyatt Hotel Nue in Los Angeles. Columbia Pacific Advisors provided the loan. S3D is building the seven-story property at 1525 North Cahuenga Blvd., which is ...
Charlotte Business Journal J. Forrest Development is breaking ground on Aug. 1 on The Oliver at Tom Hunter, a 222-unit apartment complex in Charlotte, N.C. The developer last week bought the project's seven-acre development site, on Gloryland Avenue off North ...
Cincinnati Business Center Milhaus is planning to build a 215-unit apartment property at 11911 Sheraton Lane in Cincinnati. The Indianapolis developer is building the $40.6 million development on an 8.4-acre site that is 20 miles north of the city's downtown. ...
Commercial Observer Greenpoint Landing Associates has secured $170 million of construction financing for the development of a 373-unit affordable-housing project in Brooklyn, N.Y. A venture of the New York City Department of Housing Preservation and Development, New York City Housing ...
Commercial Property Executive CenterPoint Properties has broken ground on two industrial buildings totaling 1.9 million square feet in Joliet, Ill., about 50 miles southwest of Chicago. The Chicago developer is building the properties at 4300 and 3301 North Brandon Road, ...
Bisnow Insight Property Group is planning to build a 555-unit apartment project on the site of a former Macy's store in Arlington, Va. The Arlington multifamily developer is under contract to buy the store, at 685 North Glebe Road in ...
Boston Business Journal DivcoWest has broken ground on a 375,000-square-foot life-sciences building in Cambridge, Mass. The San Francisco investment manager expects to complete the project in early 2023. The 10-story property, at 441 Morgan Ave., will be part of the ...
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