News
Freddie Mac to Buy Biggest Property on West Coast
Freddie Mac is about to purchase the biggest loan for one apartment community.
Liberty Property Trust Leases Sizeable Industrial Space in Illinois
Liberty Business Center has finally filled its most massive industrial vacancy in Romeoville, Ill.
Analysts Buzzing About GE Capital Acquisition
Analysts are still reeling from the surprising deal on Friday, which saw Blackstone and Wells Fargo acquiring billions in assets from GE Capital.
Carter-Haston Takes Port Orange M-F Asset
A new, 306-unit luxury neighborhood located in Port Orange changed hands recently, CBRE Capital Markets announced.
Ohio’s First “Lion” Roars in Sharonville
A new hotel is now open in Cincinnati. And it’s a Red Lion.
For 29th Street Capital, 4 Months=4 New Assets
In a little over four months, 29th Street Capital (29SC), a real estate investment firm based in Irvine, CA, expanded its Phoenix portfolio by four multifamily assets. The firm recently closed on the 72-unit Williams Landing Apartments and the 108-unit Village Green Apartments, just a few months after grabbing two other multifamily communities in Mesa.
Sackman Enterprises to Enter Austin with High-Rise
New York-based Sackman Enterprises announced its largest expansion outside of the Northeast in its 45 years. A 35-story luxury condominium tower, named 70 Rainey after its address, will be developed in the Rainey Street district, continuing the transformation of this downtown neighborhood.
NYC Investor Goes Shopping, Buys Retail in Crescent Springs
Another Greater Cincinnati retail center has recently changed hands, proving once more that the area continues to be attractive to both local and out-of-town investors. The name of the property is Buttermilk Crossing. It is located in the Northern Kentucky city of Crescent Springs.
Assurex Picks HQ Site in Mason
Back in January, Assurex Health announced its decision to remain in Ohio, despite offers to move from five other states. At the same time, the precision medicine company also revealed its plans to build a 60,000-square-foot headquarters and clinical laboratory in Mason. Now, Assurex has selected a site for the new complex.
Facebook Taps Gehry for Menlo Park Project
Facebook is further expanding its presence in Menlo Park, with the social network revealing plans to develop a large plot of land it acquired back in 2014. The tech giant relocated to the Silicon Valley city back in 2011 and has since undertaken an extensive campaign of making its mark on the local community. The company announced that it will be working on the plans for the new expansion with Frank Gehry, the same architect that handled the design of Facebook’s recently opened MPK 20 facility.