News
Mixed-Income Housing Community Breaks Ground in Pittsburgh’s East Liberty
Federal, state and local officials have joined nonprofit Community Builders, Inc. to celebrate the groundbreaking of a $14.2 million residential and commercial development in Pittsburgh’s East Liberty neighborhood.
Prologis Inc. Preleases 258,000 SF Development in Denver
San Francisco-based Prologis Inc. recently announced it has entered into a new lease agreement for a 258,000-square-foot facility in Denver.
SRS Real Estate Welcomes New First Vice President in Tampa
Thomas Michael McNamara recently joined SRS Real Estate Partners’ Tampa office as First Vice President.
Noble Investment Embarks on $18M+ Redevelopment, Rebranding of Two Windmill Suites Hotels
Noble Investment Group acquired two Windmill Suites hotels in Arizona. The Windmill Suites Hotel Tucson at the University of Arizona and the Windmill Suites Hotel in Phoenix/Chandler at the Chandler Fashion Center will be rebranded soon.
Dreamstyle Remodeling Breaks Ground on $4.5M Albuquerque Showroom
A new showroom/office building broke ground in the dynamic Renaissance corridor. Dreamstyle Remodeling, the new umbrella name for Four Seasons Sunrooms, Renewal by Andersen and Cal Spas, will be joining Sam’s Club and Costco in a $4.5 million development.
Monmouth Real Estate Investment Acquires 280,000 SF Industrial Building
Monmouth Real Estate Investment Corporation recently announced the acquisition of an industrial building in Edwardsville, Kansas.
Westin Hotel in Downtown Undergoes $14M Renovation
The four-star Westin Hotel in downtown Indianapolis is about to embark upon a $14 million refurbishment project. According to the Indianapolis Business Journal, the overhaul, which will include the property’s 13 floors and 573 guest rooms, will start this month and be complete by February.
Novare, Beacon Partners to Break Ground on $60M Luxury Apts. in Downtown Raleigh
Atlanta-based Novare Group and Gregg Sandreuter’s Beacon Partners are about to break ground on SkyHouse Raleigh, a 23-story luxury apartment tower planned for the southwest corner of Martin and Blount streets in the city’s downtown.
Meridian, Beech Street Arrange $90M in Financing for M-F Portfolio in Orange County, Calif.
Real estate finance and advisory firm Meridian Capital Group joined forces with mortgage banking company Beech Street Capital to better position themselves for arranging refinancing for a 982-unit multi-family portfolio in Orange County, Calif.
Silverstein, Loeb Get $85M in Financing for Manhattan’s 529 Fifth Ave.
Silverstein Properties and Loeb Partners Realty have received a seven-year, $85 million loan from Wells Fargo for 529 Fifth Ave. in New York City.