News

Landmark Properties to Develop $50M Student Luxury Housing

There’s more luxury student housing on its way to Baton Rouge. Athens, GA-based Landmark Properties has received the East Baton Rouge Parish Planning and Zoning Commission’s approval, the last OK needed, to develop its $50 million luxury multifamily property near the LSU campus

Brennan Investment Group and DLJ Real Estate Capital Partners Announce Industrial Development Project

Brennan Investment Group LLC and DLJ Real Estate Capital Partners LLC recently announced the acquisition of around 8 acres of land in Des Plaines, Illinois.

Faris Lee Investments Completes Sale of Willow Run Shopping Center

Faris Lee Investments has recently announced it has completed the $10.8 million sale of Willow Run Shopping Center in Westminster, Colorado.

Dutch Architects to Build M-F Complex on Water in Netherlands

Architecture firm Waterstudio plans to build a floating multi-family complex called The Citadel on a new development site in Naaldwijk, Holland.

Luxora to Build M-U Mega Development in India

Luxora Infrastructure Pvt Ltd. is set to build a mixed-use mega development called Ensaara Metropark in Nagpur, the state of Maharashtra, in India.

Planning Commission Approves Redesigned Renaissance Plaza Project

The Philadelphia City Planning Commission (PCPC) green lighted Waterfront Renaissance Associates’ massive, $660 million development project that will be built on a currently vacant, 5.3-acre site on the Delaware River waterfront, at the corner of Callowhill Street and Columbus Boulevard.

Ritz-Carlton, Denver Refinanced with $51M Loan

The Ritz-Carlton, Denver, the Mile-High City’s only AAA Five Diamond-rated hotel, has just been refinanced, courtesy of a $51 million loan.

BC LYND, CrossHarbor Acquire 6 Marriott Hotels in Midwest, Southwest

BC LYND Hospitality has teamed with CrossHarbor Capital Partners on the acquisition of six Marriott-branded properties, located in the Midwest and Southwest.

Online Tech Adds New Data Center in Michigan

By Veronica Grecu, Associate Editor Online Tech, a multi-tenant data center operator headquartered in Ann Arbor, recently announced it will expand its presence in the Detroit Metro area by building a new, enterprise cloud hosting facility in Westland in Wayne County. The 34,000-square-foot building will be the company’s fourth data center in Michigan; Online Tech […]

Retail Properties Buys 262 KSF, M-U Property in Bronx for $134M

Retail Properties of America has spent $192 million on two properties in the New York City metropolitan area, including Fordham Place, a 262,000-square-foot Class A mixed-use asset on Fordham Road in the Bronx it purchased for $134 million.