Homeless encampments under bridges in Atlanta will be cleared, with the individuals allowed to seek temporary emergency in the former Wellstar Atlanta Medical Center campus. The Atlanta Business Chronicle reports the shelter will offer individuals wrap-around services, including housing and…
A $30 million boutique hotel is on the way in Roswell, north of Atlanta. The five-story, Hyatt-branded Cambray Hotel will have 125 rooms. It will start construction in May. Its architecture is modeled after the brick mills that were prominent…
JLL arranged the acquisition financing for two assisted living and memory care communities in Iowa on behalf of affiliates of Jaybird Senior Living. The facilities, Vintage Hills of Indianola and Country Meadow Place, total 118 units combined. Both communities were…
Private equity real estate developer DJM said its mixed-use residential development and shopping center, Bella Terra in Huntington Beach, has opened a new tenant, beauty brand Madison Reed. The retailer opened its 89th Hair Color Bar location at Bella Terra. Madison Reed is…
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 MacKenzie Companies, LLC, in collaboration with InspiRE CRE, LLC, has established Asset Adversity Group, a strategic alliance focusing on distressed and underperforming commercial real estate assets. This partnership combines InspiRE’s expertise in distressed asset management with MacKenzie’s real estate…
Wentworth Institute of Technology plans to expand its Boston campus with approximately 1,400 new dorm beds and new academic buildings over the next decade, Boston Business Journal reported. The plans include two new dorms on Huntington Avenue, replacing Edwards and Rodgers Hall…
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…
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and…
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