Adriana Pop
Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https://www.linkedin.com/in/ioana-adriana-pop-811772108/.
TDI Starts 332-Unit Luxury M-F Project at One Scottsdale
Irving-Texas – based TDI Real Estate Holdings LLC, a leader in the development of Class A multi-family housing, has broken ground on Jefferson on Legacy, a 322-unit luxury apartment community within the One Scottsdale mixed-use development.
W.P. Carey Expands Houston Footprint with 22-Story Office Acquisition; New Hyatt Place Opens in The Woodlands
W. P. Carey Inc., a real estate investment trust specializing in corporate sale-leaseback financing, build-to-suit financing and the acquisition of single-tenant net-lease properties, announced two acquisitions completed on behalf of its managed REITs at year-end 2013.
HFF Secures $105.8M in Financing for Thanksgiving Tower; US Commercial Sells Texas Properties
HFF arranged $105.8 million in acquisition financing for Thanksgiving Tower, a 1.37 million-square-foot, 50-story office building in the heart of downtown Dallas.
Starwood to Open Landmark Canterbury Hotel Downtown as Le Méridien Indianapolis
Starwood Hotels & Resorts has announced that the iconic Canterbury Hotel in the heart of downtown Indianapolis will reopen under the company’s luxurious Le Meridien brand in November.
Developers Invest $19M in Acquisition and Renovation of Moorehead Tower in Pittsburgh
Beacon Communities Development LLC of Boston has partnered with local firm Ralph Falbo Inc. to purchase and renovate the Moorehead Tower, an iconic 141-unit affordable senior housing property in Oakland.
Grubb Properties Acquires Beckanna on Glenwood Multi-Family Community in Raleigh
An affiliate of Grubb Properties of Charlotte has recently purchased the 254-unit Beckanna on Glenwood apartment complex in Raleigh. According to the Triangle Business Journal, an affiliate of Trade Street Residential of Aventura, Fla. sold the 1960s-era property at 3939 Glenwood Avenue for $8.8 million, or $34,646 per unit.
Bentall Kennedy Acquires Retail Center Portfolio from Canada Pension Plan Investment Board
On behalf of its Prime Canadian Property Fund, Bentall Kennedy has acquired a 100 percent freehold interest in three of Canada’s regional shopping centers.
Washington Trust Provides Financing for Providence Parking, Smithfield Retail Assets
Washington Trust’s commercial real estate group has recently provided $6.45 million in financing to Civic Center Parking Associates LLC for a 438-space parking garage, with two adjacent 39-space parking lots, in Providence.
Developers Plan Second Luxury Condo Complex at Ala Moana Center in Honolulu
An ultra-luxury condominium complex is slated to rise on the makai (ocean side) parking lot of Ala Moana Center in downtown Honolulu.
Alverno College Plans March Start for $30M Expansion and Renovation
Alverno College is planning a $30 million expansion and renovation of its campus at 3400 S. 43rd Street on the south side of Milwaukee. Construction on the project, which will bring the most significant enhancement in the institution’s 126-year history, is expected to begin in March.