Eliza Theiss
Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com
Ferncroft Capital Pays $45M for SouthPark Retail Asset
By Eliza Theiss, Associated Editor Charlotte-headquartered private real estate firm Ferncroft Capital recently acquired the 131,000-square-foot Morrison retail property in Charlotte’s affluent SouthPark submarket for $44.9 million. Located at the intersection of Sharon Road and Colony Road, a significant commercial artery of SouthPark and overall Charlotte and the Southeast, the property boasts a 100 percent […]
Gulf Coast Housing, Mid City Opens $7.1M Affordable Townhomes Project
The Louisiana Housing Corporation (LHC)recently celebrated the grand opening of the Belt Line Townhomes affordable housing project.
$22M Rehab Facility Breaks Ground in New Orleans BioDistrict
By Eliza Theiss, Associate Editor Cobalt Medical Development, a Dallas-based private healthcare real estate development and investment company, broke ground on a $22 million healthcare rehabilitation center in Mid-City, Canal Street Beat reported. As previously reported, the private healthcare developer announced plans for the facility in early fall of 2013, targeting groundbreaking by fall 2014 […]
Michael Lightman Realty Plans $35M Expansion for Apartment Property; $67M Foreclosed Condo Tower Goes On the Market
901-unit Fieldstone Apartments is set for $35 million expansion, which will add over 300 units to the 3333 Hacks Road community, making it the largest apartment community in Memphis
Spectrum Properties to Build LEED Gold Office Tower in Uptown Charlotte
Charlotte’s Uptown is getting a new office high-rise, announced Cornerstone Real Estate Advisers.
Athena Companies Buys 100-Key Asset in Booming Nashville Hotel Market
Hunter Hotel Advisors recently advised on the sale of three MainStay Suites for Choice Hotels International in three secondary US markets: Nashville, Pittsburgh and Greenville, SC.
Nation’s Only Downtown Outlet Center Opens in New Orleans
The Howard Hughes Corporation’s much anticipated The Outlet Collection at Riverwalk is gearing up for its Memorial Day Weekend grand opening. Set to welcome shoppers from May 22, Riverwalk will be the only downtown outlet center in the U.S.
Executive Insights: Michael McNally, Southern Land Co.
Southern Land Co. recently rocked the Nashville real estate market with the $95.1 million sale of Elliston 23 Apartments, a mixed-use luxury multi-family development, which it owned in a joint venture with institutional investors advised by J.P. Morgan Asset Management. Vice president of mixed-use development Michael McNally Jr. talks about what the sale means for the company and for the white-hot Nashville apartment market.
New Owners to Develop 450-Key Hotel at Graceland; Motel Sold by Developers
Graceland is about the get a major expansion.
Vision Ventures, Mount Vernon Sells EpiCentre to CIM Group for $130.5M
HFF announced closing the sale of The EpiCenter a 305,147-square-foot mixed-use entertainment in Charlotte’s city center.