Northeastern University received approval from the Boston Planning and Development Agency board for a 23-story tower on Columbus Avenue, accommodating up to 1,370 students, Boston Business Journal reported. Additionally, The Druker Co. Ltd. gained approval for two connected lab-and-office buildings at 1033-1055…
Ziegler, a specialty investment bank based in Chicago, was the exclusive financial advisor in the sale of a skilled nursing facility with more than 100 beds in a northern neighborhood of Chicago. Acting as the advisor to a non-profit Illinois-based…
This is the fourth in a series of articles discussing the student housing sector. “Analyzing Debt, Equity and Student Housing,” “Student Housing in 2023: Stagnation? Or Continued Investor Interest?” and “Educational Overview: Student Housing vs Multifamily” are live and available…
Amid an overall four-basis-point decline in CRED iQ’s distress rate, multifamily posted an 80-bp increase in February, the analytics firm reported. It was the largest monthly increase in that sector in more than 18 months. As an example of issues…
Toro Development Company (TDC) has a lot to do before it can get moving on an ambitious mixed-use project in the Johns Creek NE of Atlanta. Toro spent $44 million on 43 acres that currently feature a four-story building, a…
Bosa Development, a Vancouver-based development firm, has proposed new plans to transform parts of the Lake Washington shoreline in Renton. Bosa unveiled its vision for a mixed-use waterfront campus that includes 23-story condominium towers with approximately 850 condominiums, reported the…
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…
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…
End of content
End of content
