News
First-Ever Marriott, Sheraton Hotel Takes Shape in TX
The dual-branded hotel in Amarillo, Texas, will be converted from an existing 229-key property. Mission Capital arranged financing for the project on behalf of developer Ram Hotels.
Madison International Invests in Norway’s Largest Urban Development
The firm purchased the majority of Bjørvika’s ground-level assets totaling roughly 409,000 square feet. This marks Madison International’s third acquisition in the country.
Berkadia Finances Cleveland US Bank Center
The $33.2 million loan features a 10-year fixed rate and a 67 percent loan-to-value ratio and was secured on behalf of The Wolstein Group.
The Health and Fitness Amenities Office Tenants Want
More yoga options, upgraded fitness centers and bike storage were some of the top requests from office tenants, in this month’s partnership between CPE and Kingsley Associates.
Apex Clean Energy Buys 442.5MW of Solar Projects in VA
The solar capacity is distributed into four projects currently underway across Virginia. Upon completion, the company’s portfolio is anticipated to power approximately 72,000 homes.
Enel Begins Work on 450MW Wind Farm in Texas
Upon completion, the project will be Enel’s largest wind farm, anticipated to generate around 1.7TWh annually and prevent the emission of more than 1.1 million tons of carbon dioxide per year.
RagingWire Enters Silicon Valley With 16 MW Data Center
With this latest addition, RagingWire expanded its portfolio to the top four U.S. data center markets. Its newest facility uses NTT Communications’ seismic stability system.
Mondelez International Moving HQ to Downtown Chicago
The company has leased an entire office building from Thor Equities in the Fulton Market neighborhood and will be relocating from Deerfield, Ill., once construction finalizes.
CA Industrial Park Changes Hands
The industrial park consists of two buildings totaling more than 146,000 square feet. The properties have recently undergone $2.6 million in renovations.
108-Key Chicago-Area Hotel Changes Hands
An affiliate of Skokie-based Opine Properties has bought the Country Inn & Suites in Prospect Heights from a private investor.