News
NexMetro to Develop Hybrid Single-Family Home Community in Goodyear
NexMetro, a Phoenix-headquartered developer, has increased its Valley presence through the acquisition of 9.7 acres of land at the northwest corner of Falcon Drive and Indian School Road in Goodyear. The acquisition closed on August 22, 2014.
Cherokee Nation to Develop $170M Casino/Hotel/Retail Project in Tahlequah; Miller-Valentine Plans Affordable Housing Project in Spencer
The Reserve at Spencer, an affordable apartment home community located at 8341 NE 36th St. in Spencer, Oklahoma was recently announced by the Miller-Valentine Group and St. Mary Development Corporation.
After $50M Renovation, Historic Bartlett Building is Reborn as a Renaissance Hotel
Renaissance Hotels celebrated the grand opening of the Renaissance Cincinnati Downtown Hotel at the end of August. This latest addition to the company’s portfolio brings 323 guest rooms to the area.
Butler University Builds 600-Bed Student Housing Facility and Parking Garage in Indianapolis
Butler University’s plans for a major campus upgrade will bring two new facilities along Sunset Avenue in Indianapolis – a 600-bed residence hall and an approximately 1,000-space parking garage.
South Main Artspace Lofts’ Repositioning Plan Moves Forward
Artspace, a longtime advocate for artist’s space needs turned developer, recently announced that it is ready to move forward with the long-awaited repositioning of the 87,625-square-foot brick South Main Artspace Lofts building at 138 S. Paul Avenue.
CaroMont Regional Medical Center Starts $16.5M Expansion
CaroMont Health kicked off construction of on a 10,000-square-foot expansion and renovation of its existing Emergency Department at the 435-bed CaroMont Regional Medical Center.
LaSalle Investment Acquires Chicago’s 101 N. Wacker from Hines
LaSalle Investment Management has snapped up the office tower at 101 N. Wacker Dr., in Chicago’s coveted West Loop submarket.
South Street Capital Plans $90M High-Tech Adaptive Reuse Project on Goose Island
Chicago’s 160-acre Goose Island is becoming a hotspot for the high-tech industry.
Sonesta Bee Cave Austin to Open in Spring of 2015
In February 2014 Sonesta Bee Cave Austin, a 195-room hotel broke ground, joining Sonesta’s growing portfolio. This is the company’s third Texas property and it is scheduled for a spring 2015 opening.
First Financial Markets $90M Loan Portfolio for FDIC
The FDIC has tapped First Financial Network to market a multi-faceted portfolio of performing and non-performing loans valued at $90 million.