Capital Square will open its 20-story mixed-use building at the corner of Dawson and Lenoir streets near Red Hat Amphitheater in February 2025. The tower, named Maeve, has 297 apartments,10,500 square feet of ground-floor retail and an 8-level parking deck. The units…
Simon Property Group celebrated the groundbreaking of a mixed-use multifamily project at Seattle’s Northgate Station, reported the Puget Sound Business Journal. The 234-unit building is the latest phase of development on the former Northgate Mall site. The project calls for…
A turn-of-the-century navy storehouse has been converted into 78 boutique live/work units, including studio and one-bedroom apartments ranging from 540 to 930 square feet. Called Storehouse 9, the 100-year-old, four-story brick building blends original industrial architecture with modern utilitarian design…
Endeavor Real Estate Group is moving into student housing. The Austin-based firm—which already develops and manages a wide range of properties, including retail, office, multifamily and big mixed-use projects such as The Domain, Saltillo and the planned redevelopment of the…
Vista Residential Partners has broken ground on 11.7 acres on the corner of N. Main Street and Holly Springs Road in Holly Springs, NC, for the development of Main Street Vista, a 277-unit mixed-use community. Public records show that Western-Southern…
St. Augustine Outlets, like numerous malls throughout the US, closed during Covid. Mall owners had to figure out what to do with now-empty space. Thompson Thrift is moving ahead on Terrassa, a multifamily community, part of the redevelopment of the…
The former Duke Energy building in downtown Charlotte is going down. It needs to be demolished so Asana Partners and MRP Realty can move forward on their $250 million redevelopment plan. The Charlotte Business Journal reports the building at 526…
VanTrust Real Estate, LLC is set to begin construction on a build-to-suit facility for Sephora. The 746,672-square-foot structure will be located on 61 acres at Avon Landings Commerce Park in Avon, Indiana, and will serve as Sephora’s Midwest distribution center….
The Trepp CMBS Special Servicing Rate ticked up slightly in June, rising two basis points to 8.23%. Although the monthly increase was minimal, Trepp noted that it represents the sixth consecutive monthly increase. Prior to the COVID-19 pandemic, the last…
Metropolitan Life Insurance Co. has taken the 166,000-square-foot office property at 240 W. 35th St. in Midtown Manhattan by foreclosing against a mortgage it had provided in 2018, Trepp reported. It made a $30-million credit bid at a May 29…
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