Portman finished Ten Twenty Spring, a 530,000-square-foot, Class-A office tower and key component of Spring Quarter, the mixed-use development in Midtown. The 25-story tower is outfitted with 15,000 square feet of private terraces and 20,000 square feet of tenant amenities,…
JLL’s Capital Markets group and HJ Sims arranged $473 million in tax-exempt and taxable bond financing for the ground-up development of The James, a luxury rental, 350-bed seniors housing community in Irvine. Reportedly it’s the largest tax-exempt senior living financing of the year and…
Anchor Health Properties recently commenced construction on a new three-story, 120-bed, 127,942-square-foot nursing facility in Shoreline, Washington. Located at 15230 15th Ave NE, The Fircrest Nursing Facility is supported through a public-private partnership with the Washington State Department of Social…
Matthews Real Estate Investment Services structured a $55-million exchange on behalf of a client, facilitating the acquisition of 15 assets. Market leader Keegan Mulcahy and EVP Chad Kurz handled the transactions. The client, a family-owned LLC, had recently sold a…
Initial phases of the proposed Lotus Grove district are on pace to see vertical construction in summer 2025, with an expected total cost north of $300 million, according to Urbanize Atlanta. Atlanta-based Insignia is developing low-rise retail and restaurants and…
Steam Data Center has applied for a data center project near Douglasville with a Georgia planning agency. The development would consist of nine buildings, 150,000 square feet a piece, making up 1.3 million square feet under roof. The company is…
Optima, Inc. has received final village board approval for Optima Lumina, a 128-unit luxury residential building in downtown Wilmette on Chicago’s North Shore. The six-story building features one- to three-bedroom residences of up to nearly 3,000 square feet, almost 5,900…
Equity Commonwealth has completed the sale of 1250 H Street, a 196,000-square-foot office property located in Washington, D.C., for $27.5 million. The Chicago-based real estate investment trust (REIT) was once led by late billionaire real estate investor Sam Zell. The…
Lee & Associates has negotiated a 3,163-square-foot restaurant lease at Riverwalk Plaza, 175 W Jackson Avenue, Suite 223, Naperville, Illinois. The landlord, Naper Limited Partnership, was represented by Michael Petrik, Associate, and Rick Scardino, Principal at Lee & Associates. The…
MonticelloAM, a specialized multifamily and seniors housing bridge lending platform, closed $18 million in bridge financing for a seniors housing community in Wisconsin. The financing originated with Karina Davydov, managing director at MonticelloAM. Proceeds from the $18 million bridge loan…
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