News
Dam Plan Flows through Approval Process; Luxury Apartments for Elevation Chandler Site
By Alex Girda, Associate Editor
A $98 million investment is about to be made in Maricopa County and this project really needs to hold water. The Maricopa County Board of Supervisors recently passed a plan for a 10-year rehabilitation initiative of […]
Apple Unveils New HQ plan; High Stakes on High-Speed Rail
By Alex Girda, Associate Editor
Apple is taking its gadget design into the real estate world–at least, that’s what the plan for their new Cupertino campus looks like. The new state-of-the-art structure, designed by British architect Norman Foster, will emulate everything […]
$78M Journal Square Building in Jersey Sold to Israeli Investors
In a $78 million transaction, Israel-based Gaia Real Estate purchased the nine-story 2 Journal Square property in Jersey City, N.J., from Hartz Mountain Industries.
7-Eleven to Buy 51 ExxonMobil Stores in North Texas
7-Eleven Inc. has entered into an agreement to acquire ExxonMobil’s retail interests at 51 locations, including two unused land parcels, concentrated in the Dallas/Fort Worth area.
Two Big Houston Sales for HFF
It’s been a busy few days for HFF, as the firm moved two large Texas properties: an industrial park in Houston and a 342-unit multi-family community in a Houston suburb.
Ares Management Expands CRE Debt Business, Acquires Wrightwood Capital
Alternative-asset investment-management firm Ares Management L.L.C. has acquired the commercial real estate investment platform of debt-capital provider Wrightwood Capital.
D.C. Students Resume Classes in State-of-the-Art High School Building
By Veronica Grecu, Associate Editor
A new high-tech, green high school is ready to welcome more than 800 students next week, when classes resume. H.D. Woodson Senior High School has just been inaugurated during an official ceremony held at 5500 Eads […]
Garrison Completes Phase I of $100M Alafia Crossing
By Georgiana Mihaila, Associate Editor
Garrison Developer Group of Florida has recently announced the completion of The Preserve at Alafia, Phase I of the $100 million multi-use Alafia Crossing project.
The Preserve at Alafia, the 351-unit waterfront luxury apartment community, is located […]
Liberty Expands, Rebrands Northwest Business Park
By Georgiana Mihaila, Associate Editor
Liberty Property Trust plans on adding 212,000 square feet to its Liberty Northwest Business Center. The company has recently broken ground on two new on-site buildings, its second and third sustainable development projects in Houston.
The first […]
Oak Grove Capital Originates $59.5M in Fannie Funding for Affordable Housing in Chicago
Oak Grove Capital originated a $59.5 million Immediate Funding Fannie Mae NIBP Bond Credit Enhancement loan for the Related Cos.’ acquisition and rehabilitation of the 694-unit Parkway Gardens on Chicago’s Southside.