The Prado Group, which acquired the former California Pacific Medical Center (CPMC) campus in San Francisco for $50 million in 2022, is rethinking the redevelopment plans that were devised by a prior development team. The San Francisco Chronicle reported Friday…
The Tunnel to Towers Foundation plans to redevelop a property next to Six Flags Over Georgia to provide permanent housing for metro Atlanta veterans experiencing temporary and long-term homelessness. Continuing the mission of the organization’s Homeless Veteran Program, Tunnel to…
Madison Communities secured an $80 million construction loan for its latest project, a 320-unit multifamily community in the Lower South End (LoSo) neighborhood in Charlotte, N.C. META Real Estate Partners and Bank of America provided the financing. Patterson Real Estate…
Thanks for reading the Bisnow Weekender, my personally curated roundup of the most impactful news, notable quotes, binge-worthy show recommendations and other colorful highlights from the Bisnow world of commercial real estate and beyond. Women are in more positions of power…
Since Covid, mixed-use developers have been forced to reconsider their formula regarding how much office space is needed. The universal adoption of hybrid working during the pandemic has decreased the amount of space companies typically lease in office buildings. Much…
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of two properties in Chicago’s Greater Grand Crossing and Chatham neighborhoods. The transactions included the sale of 6800-6802 S. Indiana Avenue, a 16-unit apartment building, and 8001-05 S….
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…
Boston-based Finegold Alexander Architects has completed the renovation and addition project for Wellesley College’s Severance Hall, a step in the college’s efforts to revitalize its residential portfolio. This project is the first in a series of residence hall renewals. …
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….
Core Spaces has announced the continued growth of Oxenfree, the company’s Build-to-Rent (BTR) brand. Chicago-based Core has a portfolio of nearly 4,000 homes under development and in its pipeline across major markets including Dallas-Fort Worth, Denver, Nashville, Austin, Charlotte and…
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