LG Development Group has locked up a $100 million construction contract for a 20-story tower at 1711 Broadway in Nashville. Sumitomo Mitsui Banking Corp. provided the financing. The LG paid $14.1 million for the Midtown property near the intersection of Broadway…
Affinius Capital LLC originated a $135-million loan to finance the ground-up development of Perris Gateway, an 850,000-square-foot industrial development in Perris. Bank OZK provided the senior portion of the loan, while Affinius Capital originated the subordinate portion. The loan was provided to a…
Portman, 908 Group, Canyon Partners Real Estate and PTM Partners have partnered up to develop a student housing project (“The Hall”) on the Florida State University (“FSU”) campus across from Legacy Hall, the future home for the FSU College of…
The U.S. will set a record for new apartment deliveries for the third year in a row, with developers on track to complete more than 518,000 new rental units in 2024, according to a recent report by RentCafe. 2024 is the…
Puyallup Tribal Enterprises (PTE) has announced the creation of the Tribe’s own construction company, Tahoma Construction Services (TCS), to handle the tribe’s growing portfolio of construction projects. TCS will specialize in commercial and residential projects. One of its first will…
Principle Construction recently completed the construction of a new 12,560-square-foot showroom and an outdoor pool park for Doheny’s, a pool and spa distributor, at 5307 Green Bay Road in Kenosha, Wisconsin. The building totals 17,275 square feet, including the 12,560-square-foot…
On the surface, U.S. office metrics for Q2 2024 might seem grim, with continued double-digit vacancy, ongoing negative absorption and sluggish rent growth. “The U.S. office market continued to experience the post-COVID slowdown that started in 2020,” according to Colliers’…
CBRE has secured $38.5 million in construction financing for the development of Village Green, a new 90,525-square-foot shopping center in Nolensville, Tennessee. Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance represented…
Constellation Real Estate Partners has obtained a $27 million construction loan to build a 374,000-square-foot speculative warehouse in Charlotte. Located at 1900 Continental Blvd. Constellation 485 South will sit on approximately 41 acres and will feature 80 dock doors, two…
The New York City Economic Development Corporation (NYCEDC) on Wednesday announced a Request for Proposals (RFP) for a construction management firm to manage construction of the first phase of the Science Park and Research Campus (SPARC) Kips Bay project, intended…
End of content
End of content
