News
$45M Apartment Project Near South Hills Village T Station will Soon Break Ground
A 301-unit “transit-oriented” apartment complex with four buildings is slated to rise near the South Hills Village T station in Bethel Park.
Enterprise Homes and SunTrust Bank to Renovate Frederick’s Taney Village Apartments
Enterprise Homes and SunTrust Bank announced on Monday their plans to renovate the Taney Village Apartments, in Frederick. The project is expected to cost $24.6 million. It will help preserve the property, which is an important source of affordable housing for seniors in the area.
DTZ Brokers Industrial Deals in Greater Baltimore
DTZ, the new owner of Cassidy Turley, has started 2015 in full force. Since the beginning of the year, the company has completed several leases, totaling more than 150,000 square feet of industrial space, in the Baltimore Washington Corridor.
JBG Reels in Refi for Suburban DC Office Building
JBG has gotten a sizable chunk of change for the refinancing of a highly regarded asset in a strong submarket of the country’s capital.
HEI Hotels & Resorts Trades Aloft Houston Galleria Hotel
As hospitality demand in Houston continues to outpace supply, HEI Hotels & Resorts sells its 152-key select-service boutique hotel to Westpark I.
CBRE Arranges Second-Largest M-F Sale in Greater Orlando in 12 Months
CBRE helped arrange the second-largest apartment-complex sale in Greater Orlando in the past 12 months to Ecoventures.
Mitsui Fudosan America Takes Majority Stake in 55 Hudson Yards as Construction Starts
Related Cos. and Oxford Properties Group now have Japanese company Mitsui Fudosan America as its newest majority stakeholder in the prominent 55 Hudson Yards tower project.
TruAmerica Apartment Buy Tops the Charts
TruAmerica has netted the largest Southern California multi-family asset acquisition in almost 20 years.
Economy Watch: Homebuilders Still Optimistic, Driving Wider Economy
Homebuilders have gone back to a more optimistic frame of mind last summer, with confidence not dropping into pessimistic territory since.
Inland Enters Denver Market with Retail Property Purchase
Inland American Real Estate Trust knows a winning asset when it sees one–and it saw just that in Denver’s Quebec Square.