News
Smartland Buys Lee-Yorkshire Apartments in Cleveland Heights
Smartland, Cleveland’s largest real estate investment firm and one of Ohio’s top property management companies, has purchased the Lee-Yorkshire Apartments. The price of the transaction was not disclosed.
Antioch College Continues Campus Revitalization
Antioch College continues with its plans to renovate and improve its campus in Yellow Springs. The college plans to build a central geothermal plant that will significantly reduce power usage on campus.
Turtle Bay Expansion Plans Move Forward
The City and County of Honolulu’s Department of Planning and Permitting has approved a final environmental impact statement for the $770 million redevelopment of the 880-acre Turtle Bay Resort, the Pacific Business News reports.
390-Unit Luxury M-F Property Breaks Ground at New M-U Development in The Woodlands
The Howard Hughes Corporation and its wholly-owned subsidiary The Woodlands Development Company have broken ground on a 390-unit, multi-family project situated in the new 66-acre mixed-use development of Hughes Landing.
New Gables Community to Sit Atop Whole Foods Market
Gables Residential has kicked off construction of its newest Dallas development, a mixed-use project at the intersection of McKinney Avenue and Routh Street in the Uptown district.
50 UN Plaza Unveils 88 Luxury Condos
Zeckendorf Development and Global Holdings held a sales launch event for 50 United Nations Plaza to unveil the views and prices of 88 condominiums across from the United Nations HQ, geared towards the über high-end client.
Colliers: NYC Office Leasing Ahead of ’12; Sales Prices Near Peak
The largest U.S. office market is on a pace to record 26 million square feet of leasing activity; Class A Midtown sales prices top $1,100 per square foot.
Marriott Grande Pines Golf Club Redevelopment on the Horizon
Apartments, timeshares, hotel rooms and commercial space are included in the plan.
Beech Street Closes Loan for Suburban Dallas M-F Property
It’s business as usual for Beech Street Capital, as the company moves toward completing its merger with Capital One Financial Corp. Among the mortgage banking concern’s latest transactions is the closing of a Fannie Mae conventional loan for a borrower’s off-market acquisition of the 416-unit Marbletree Apartments just outside of Dallas.
Crown Estate’s $1.6B Revamping Project of Regent Street in London Gets Under Way
The Crown Estate’s $1.6 billion regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South.