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. Eliza writes for both PropertyShark and CommercialEdge. Reach her at [email protected]
Office Buildings Go for $22.3M; Foreclosed Apartment Complexes Sold
By Eliza Theiss, Associate Editor Four buildings in the Lenox Office Park have been bought by an affiliate of HighBrook Investment Management, with the deal closing on April 27. The New York based entity, working under the name Lenox Park C-F Owner LLC, paid $22.3 million for buildings C, D, E and F. The Shelby […]
Waterford Place Sold for $21.5M; Highland Meadows Goes for $5.54M
By Eliza Theiss, Associate Editor Waterford Place has been purchased for $21.475 million, or $67,093 per unit, by Winthrop Realty Trust via WRT-Waterford Place LLC, an entity affiliated with the Boston-based investment trust. Waterford Place, a 320-unit, Class A apartment complex, is situated on 27.9 acres at 8037 Waterford Circle in the Germantown/Collierville submarket of […]
Hornets Bring Investment; Iberville Redevelopment Progresses
By Eliza Theiss, Associate Editor The sports industry may soon contribute more to the Crescent City’s economy. New Orleans Saints owner Tom Benson’s purchase of the New Orleans Hornets seems close to being a done deal. WWL-TV reports that the framework of ownership negotiations has the Hornets tied to the Big Easy through 2024. However, the […]
Villas at Cordova Fetches $19.3 Million
By Eliza Theiss, Associate Editor Villas at Cordova, an apartment home community in Cordova, Tenn., has been purchased by Los Angeles-based QVT Mount Auburn Capital LP for $19.3 million. Working under the name Memphis Villas LLC, the entity bought the property from GECMC 2006-C1 Prestine Loop LLC, an affiliate of special service lender LNR Properties […]
$20M Hospital for Anson County; $16M Expansion for Matthews Hospital
By Eliza Theiss, Associate Editor The healthcare industry continues to be one of the main drivers of economic development in the Charlotte area, and Carolinas HealthCare System’s recent string of expansions and upgrades is proof of this. This week, the nation’s second largest healthcare system announced plans to seek state permission for a $20 million […]
$15M Destrehan Clinic Planned; Fourth Daughters of Charity Clinic to Open
By Eliza Theiss, Associate Editor St. Charles Parish Hospital is seeking the public’s approval on an April 21 ballot for a $15 million loan intended for several projects, including an after-hours and primary-care clinic in Destrehan and further cardiac-care services at the main facility in Luling. According to a report by The Times-Picayune, St. Charles […]
The Colonnade at Germantown Purchased for $23.1M; Cleaborn Point Breaks Ground
By Eliza Theiss, Associate Editor New York-based Sentinel Real Estate Corp. has purchased The Colonnade at Germantown for $23.1 million, or $91,666 per unit, in an online auction. Operating under the name VA Germantown LLC, Sentinel secured the 252-unit property at 7491 Wyndhurst Place far above the starting bid of $9 million, reports the Memphis […]
Charlotte Douglas International Airport, Sixth-Busiest in the World, to Expand
By Eliza Theiss, Associate Editor Charlotte Douglas International Airport is the sixth-busiest airport in the world in terms of take-offs and landings, this according to data released by the Airports Council International. The almost 540,000 takeoffs and landings handled in 2011 lifted the airport from the eleventh position it held in 2006. It also experienced […]
$84M Presbyterian Orthopedic Hospital Approved
By Eliza Theiss, Associate Editor
Plans for the new $84 million Presbyterian Orthopedic Hospital in Charlotte have been approved by the North Carolina Division of Health Service Regulation. The Charlotte-based health care system submitted its application in October 2011, seeking approval to build a new orthopedic health care facility that would replace the current one at […]
New Orleans Adolescent Hospital to Sell; $35M Overhaul for John McDonough High
By Eliza Theiss, Associate Editor The Children’s Hospital of New Orleans has confirmed plans to buy the dilapidated New Orleans Adolescent Hospital (NOAH) at 210 State St. in Uptown. The Times-Picayune reports an expected selling price of $35 million that will generate much needed funds for the state’s public hospital budget . Children’s Hospital has […]