Walker & Dunlop, Inc. has originated $65,731,000 in 232/223(f) and 241(a) HUD loans for seven skilled nursing facilities and memory care centers across Illinois and Wisconsin between October 2023 and February 2024. Walker & Dunlop’s Midwest FHA Finance team, led…
RPM Living Investments paid $85 million, or $212,500 per unit, for Aspire Lenox Park. The seller was Willow Bridge Property Co., the recently rebranded multifamily division under Dallas-based Lincoln Property Co. It acquired the community in 2014. Aspire Lenox Park has 400…
Online food ordering company Grubhub will move its headquarters to the Merchandise Mart and follow the ongoing trend of downsizing its office footprint along the way. Grubhub will shrink its downtown office footprint by about 45 percent, finalizing a deal…
City officials have tapped Boyle Investment Co. to redevelop Gallatin’s downtown square and create a new city hall. Gallatin, a town of 45,000, is a half-hour drive from Nashville. Plans for the proposed development, which will take over two city-owned…
One can often find extended-stay hotels near hospitals to accommodate visiting family members and staff. Choice Hotels International has opened an Everhome Suites in Newnan. The property is located near the City of Hope Cancer Center. The 115-room hotel is…
Mansfield is a town on the rise. The modernization of the once sleepy town will start with the construction of a new city hall. It bought 10 acres from Stillwater Capital for the project. Stillwater is leading the effort to…
The fourth Drift Hotel has opened, the latest, in Nashville. TMC Hospitality opened the first Drift hotel in San Jose del Cabo in 2021, followed by Santa Barbara and Palm Springs. The 87-key hotel has spacious multi-room suites, a ground-level pool…
Arctaris Impact Investors, LLC, a Boston-based impact investment firm that supports revitalization projects in underserved communities, made a lead equity investment in Liv DTLA, a $67-million market-rate affordable housing development in the South Park neighborhood of Los Angeles. The transaction…
It’s the seventh time Life Time has blended the concept of a high-end fitness facility and a residential rental community. The Triangle Business Journal reports Life Time will open a new fitness facility and beach club in The Exchange Raleigh…
An affordable place for Atlanta’s city workers is taking shape. The Atlanta Business Journal reports a duo of developers affiliated with three area churches are planning 200 workforce apartments across the street from Atlanta City Hall. Radiant Development Partners and…
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