Adrian Maties
New Hospital for East Side
Cleveland is getting another hospital. University Hospitals plans to open a new primary-care clinic for women and children at Euclid Avenue and East 57th Street, in the city’s East Side.
Investors Plan Renovation of Historic Cleveland Park Apartment Building
Investors have snatched up another Washington, D.C. apartment community. Urban Investment Partners, in partnership with the Tilden Hall Tenants Association, has acquired the Tilden Hall Apartments, in the District’s Cleveland Park Neighborhood. Now, the new owners plan to start work on a major renovation of the historic building.
Hyatt Tower Project Advances in Virginia Beach
The Hampton Roads area is getting two new hotels. Together, the two properties will bring 300 rooms to the Virginia Beach oceanfront.
Summit Hotel Properties to Sell Portfolio for $351.4M
Four Baton Rouge hotels are changing owners this year. The properties are part of a larger, national portfolio to be sold by Summit Hotel Properties, Inc. to American Realty Capital Hospitality Trust, Inc.
Wheeler REIT Adds Brook Run to Retail Footprint
Wheeler Real Estate Investment Trust, Inc. is expanding its portfolio of properties in Virginia. The Virginia Beach-based commercial real estate investment company has recently purchased a shopping center in the city of Richmond.
Virginia Beach M-F Asset Changes Hands
The Hampton Roads area has registered another multifamily sale. A large apartment complex in Virginia Beach has changed hands recently for an undisclosed price.
Spruced-Up Stadium Gets Ready to Welcome Bearcats
After spending the entire 2014 season at Paul Brown Stadium, the Bearcats are now getting ready to move back home.
Inland-PGGM JV Buys Its Last Shopping Center
By Adrian Maties, Associate Editor The joint venture of Inland Real Estate Corp. and Dutch pension fund administrator PGGM continues to find Greater Cincinnati a fruitful hunting ground. Its latest acquisition is the Eastgate Crossing shopping center, in Union Township. Inland and PGGM purchased the asset from CBL & Associates Properties, Inc. The gross sale […]
Greater Washington Office Buildings Change Hands
The Greater Washington office market has registered two transactions this month. The properties are located in the Ballston section of Arlington and in downtown Bethesda.
Downtown Cleveland Multifamily Property to Make Fresh Start This Year
A former warehouse-turned apartment building is getting ready for a fresh start. The downtown Cleveland property will continue to serve as an apartment building, but it will do so with a new look and a new name.