Harbor Custom Development, Inc., a Tacoma-based commercial real estate developer, announced its plan to continue to wind down operations and voluntarily liquidate all of its assets through an approved Chapter 11 Plan. The company which is known for multifamily housing…
The Vestcor Cos is hoping to build The Lofts at Southbank in Jacksonville, a $38.8 million project that will consist of 100 apartment units, 80 of which will be reserved for renters making 60% of the area’s annual median income….
Oldacre McDonald is planning a 22-acre mixed-use development on Stewarts Ferry Pike near Nashville International Airport. Oldacre recently filed a zoning application to change the current use of single-family housing to allow for commercial and multifamily. The Nashville Business Journal…
Trammell Crow Company (TCC) and Beacon Capital Partners have topped out at Hyde Park Labs in Chicago. Located at 5207 Harper Court, the building will span more than 300,000 square feet. Hyde Park Labs will feature nine floors of Class…
The Dermon Building in Memphis was built 99 years ago, designed as an office building. It’s been vacant since 2010, but now a group is moving forward with a hotel. Turkey Creek Hospitality and Hospitality Builders of America are heading…
JLL has arranged the $79 million refinancing of Marina Square, a 270-unit, newly built, luxury apartment community located on the Puget Sound waterfront in Bremerton, Washington. The JLL Capital Markets Debt Advisory team was led by Senior Director Seth Heikkila,…
Kairoi Residential is expecting to invest $500 million on projects in Charlotte. So far, the company has a handful of properties in various stages of planning. Its first, which is under construction now, is 5Line, a community in the lower…
Berkadia secured financing for Axonic Properties’ acquisition of 246 out of 361 condo units at Palmera Pointe Apartments, located in the Town ‘n’ Country submarket of Tampa, Florida. Berkadia’s Mitch Sinberg led a team that secured a $32.23 million loan…
Ashford Hospitality Trust is looking to raise capital by selling off some assets. Five of those properties are in Georgia. One is the 444-room Ritz-Carlton Atlanta. The other assets at various stages of being available for sale: 351-room Hyatt Savannah – Savannah, GA…
Legacy Ventures, an Atlanta hospitality investment, development and management company, has an agreement to purchase the 100-year-old Dillard House. The 100-acre property is located on Highway 441 in Rabun County, Georgia. The resort includes 92 guest rooms, a Southern restaurant,…
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