Lument announced the placement of a $14 million CMBS loan to refinance Mi-Place at Vineyards, a 41-unit, 65,000-square-foot retail mixed-use development in Lewes, Delaware. Ben Retter, a director on Lument’s debt capital markets team, led the transaction. The CMBS loan…
Highland Resources broke ground on the infrastructure for Magnolia Landing, a planned mixed-use community located along the Ashley River in Charleston. Spanning 192 acres, the community will offer a blend of parks, marinas, residential and hospitality offerings, office space, retail…
A high-profile trio of developers is trying to convince a Charlotte-area local governing board to okay a significant zoning request. The team of Jamestown, North American Properties and Nuveen Properties is hoping to change the current Huntersville zoning for a…
Hines is partnering with the Aubrey Corporation to create a new employment center and mixed-use village consisting of over 2,390 acres in Bartow County, Georgia. Once complete, the mixed-use development will include up to ten million square feet of new…
Hines, Affinius Capital and Columbia Development have secured a $191 million senior mortgage for Fenton, a 92-acre mixed-use district in the Cary submarket of Raleigh/Durham, North Carolina. Fenton is Cary’s first vertically integrated, mixed-use destination. Fenton, created in 2021, includes 246,000…
The Develop Fulton Board of Directors unanimously approved a $538 million bond inducement for Project Nexus, a mixed-use economic development initiative. This project aims to transform a distressed property into a hub of economic and community development. Situated in Atlanta and East Point, the project…
Crosland Southeast hopes to get permits for a project with residential and commercial uses in the Charlotte suburb of Matthews. The developer is targeting 92.9 acres at 1700 E. John St. with its rezoning request. The request is being made…
RXR has broken down on its first project within the 1,100-acre Veridea mixed-use community in Apex. Phase I of Veridea will include approximately 1,500 multifamily units, 1,100 single-family homes and townhomes built by Lennar Homebuilders, 150,000 square feet of retail,…
DarwinPW Realty/CORFAC International recently brokered the sale of 2224 W. Grand Avenue in Chicago, a 9,600-square-foot building on a 0.29-acre site, to an undisclosed residential developer. The property is home to Rainbow Art, Inc. and is zoned for a mixed-use…
The Shops at Prescot Village is an 83,000-square-foot neighborhood shopping center in Waxhaw. The Widewaters Group is developing the 100-acre, mixed-use development at Providence Road and Prescot Glen Parkway. Lowes Foods has already signed on as an anchor for the project….
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