Two months after launching a $1B venture targeting office-to-residential conversions, TF Cornerstone and Dune Real Estate Partners have already identified three buildings to turn into apartments. The fund, Alta Residential, is pushing to foreclose on a historic property in Philadelphia after buying a piece of the building’s…
QuadReal Property Group has provided a construction loan to Core Spaces to finance the development of a student housing development at the University of Michigan in Ann Arbor. Hub Packard will provide 15 stories of purpose-built student accommodation totaling over…
Stillwater Capital Investments expects to complete infrastructure work on Haggard Farms in Plano by late February, and development of the first phase of commercial amenities will begin in early summer. The first phase of the $750 million project will include…
A recently released Transwestern Atlanta office report indicates that the sector is showing signs of life.Absorption: Companies that have kicked the can for the last couple of years are finally starting to make real estate decisions, resulting in the first positive…
Branch Properties received unanimous rezoning approval from the City of Gainesville for Lakeshore, the 49-acre mixed-use redevelopment of Lakeshore Mall. Branch Properties will break ground on Lakeshore in late 2026, and completion is anticipated in 2028. Positioned between Lake Lanier…
KHP Capital Partners is planning to convert the historic Johnston Building into a 245-room hotel with a fine-dining restaurant and coffee shop on the first floor, a ballroom, conference room and rooftop bar. The building is just over 100 years…
Westwood Financial acquired Eastway Square, a 130,156-square-foot grocery-anchored neighborhood center in Charlotte. In addition to Eastway Square, Westwood Financial owns several top-performing grocery-anchored properties in Charlotte, including Prosperity Village Square, Steele Creek Crossing, Steelecroft Shopping Center, and The Arbors at…
Walker & Dunlop has arranged $25.9M in permanent financing for Rivertown Ridge, a senior housing community located in the Grand Rapids, Michigan, metro area. Walker & Dunlop Managing Directors Mary Stuart Hurst and Russell Dey partnered with Inner Circle Holdings…
Hanley Investment Group Real Estate Advisors arranged the sale of two standalone buildings occupied by a Chipotle Mexican Grill and an adjacent Starbucks Drive-Thru in Rancho Cucamonga. The sales price was $6.22 million. EVPs Bill Asher and Jeff Lefko of Hanley represented the…
Marcus & Millichap closed the sale of BJ’s Wholesale Club, a 91,828-square-foot retail property located at 110 Longview Dr. in Bangor, ME, for $12,460,350. “We received serious interest in this deal from several institutional buyers,” said Adam Cohen, first VP…
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