News
$79M in Financing Arranged for Miami Office Portfolio
Acting on behalf of a subsidiary of Hines REIT, commercial real estate services firm HFF has orchestrated a $79 million deal for the refinancing of Airport Corporate Center, a 1 million-square-foot office portfolio in Miami.
AREA Buys 422-Unit Affordable-Housing Portfolio for $59.6M
AREA Property Partners has snapped up 422 affordable housing units in various neighborhoods across San Francisco with the cash purchase of a 20-building portfolio for $59.6 million.
Power Index Podcast – Leading Real Estate Law Firms
CPE’s Mike Ratliff and Jack Kern sit down and dissect trends in the magazine’s September ranking of leading real estate law firms. This is the inaugural edition of CPE’s monthly Power Index Podcast.
$2.4M Renovation Planned for Meridian Hill Apartments; VCU Adds Student Housing Complex
By Veronica Grecu, Associate Editor
A 52-unit residential property located at 2359-2401 Ontario Road in the Adams-Morgan neighborhood was sold this week by Ontario Partners L.L.C. for $4.2 million. According to an official statement, the Meridian Hill apartment building was acquired […]
Construction Kits Go Green, Jobs Go Down in the Bay Area
By Alex Girda, Associate Editor
Amid plans of overhauling the entire building industry and impressive attempts at sustainable and energy-efficient structures, some projects seem to prosper more than others. One such endeavor is Project Frog, a San Francisco-based building business. The […]
$3M Renovation for Brooklyn’s Parkside Playground Begins
By Veronica Grecu, Associate Editor
The long-awaited renovation project of Brooklyn’s historic Parkside Ave. finally started in the presence of members of the Flatbush community and city and state officials who attended the groundbreaking ceremony. The $3 million Parkside Playground project […]
Joliet Church Goes Residential; ABA to Extend Operations on 200K SF
By Veronica Grecu, Associate Editor
The Diocese of Joliet has approved a redevelopment project proposed by Celadon Holdings. A diocese official quoted by The Herald News revealed that the Chicago-based developer plans to transform the St. Mary Carmelite Church into a […]
1450 Brickell Leading Commercial Market Recovery
By Georgiana Mihaila, Associate Editor
According to a recent report by CB Richard Ellis, Florida’s commercial property market will continue to recover at a slow and steady pace, with Miami-Dade County leading the way in new activity. The report shows that […]
Hank Sells 30,000 Sq. Ft. of Retail Space in Downtown Austin
By Camelia Bulea, Associate Editor
Whit Hanks Properties recently sold a shopping center in downtown Austin to Endeavour Real Estate Group. The 29,739-square-foot shopping center, which is solely dedicated to home furnishings, is considered to be one of the city’s best […]
Kroger, Radians to Add New Jobs in Memphis
By Amalia Otet, Associate Editor
Radians, a Bartlett-based supplier of personal protective equipment, recently announced plans to expand its business by acquiring a 92,000-square-foot facility in Memphis that would help consolidate all its functions, including warehousing and distribution. The project calls […]