Cambridge Realty Capital provided a $15.52 million HUD Lean loan to refinance The Pointe at Eastgate, an assisted living facility located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year loan was provided for the…
Courtesy of United Bank The exterior of United Bank’s new SouthPark office in Charlotte. For commercial real estate professionals searching for a loan, the process of choosing a bank goes far beyond simply googling “banks near me.” It’s about finding…
The Allen Morris Company is planning to build a mixed-use project that would replace industrial properties in the area of Bankhead and the BeltLine’s Westside Trail. Two years ago, the company paid $31 million for the site. Allen Morris submitted…
Brightmark plans to develop a 2.5 million-square-foot circularity center in Thomaston, Georgia, an hour NE of Columbus. The facility, which will cost $950 million to build, will have the capacity to repurpose over 400,000 tons of plastic per year. Brightmark’s system…
The JLL team was led by Managing Director Mark Erland and Director Kevin Barron. “3rd and Grand is an exceptionally well-designed project that will benefit from its transit-oriented location with city incentives, Kansas City’s booming market fundamentals and its seasoned…
San Diego-based real estate private equity firm Pacifica Companies, LLC completed its acquisition of a 15-community senior living portfolio from Retirement Housing Foundation for $180,500,000. The acquisition was made in stages, with various segments closing in phases throughout late 2022,…
Cushman & Wakefield has hired Julie Rice as a director of laboratory planning, based in San Francisco. Rice will plan facilities infrastructure to support the laboratory environment and expand the firm’s relationship between third-party life science clients and the firm’s…
Express, Inc. said Monday it had filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware and will close approximately 95 Express stores and all 12 UpWest locations. The Columbus, OH-based retailer has received a…
A historic, independent hotel will be ready to open this summer on West Peachtree Street following months of renovations. Spanish Colonial-inspired Hotel Granada will offer 120 rooms and an open-air courtyard with multiple options for lounging, drinking, and dining. It used to be known…
The Benoit Group, in partnership with Atlanta Housing, closed project financing for the development of Englewood Senior. The 160-unit affordable independent senior living project marks the first redevelopment phase of a master-planned, mixed-use, multi-phase community on the 30-acre site of…
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