National
Memphis Partnership Pays $454K for 42-Unit Apt. Property
For some vintage is irresistible. That seems to be the case for a Memphis partnership that just purchased the 1936-built Alta Vista apartments.
Temple University Switches to Clean Energy
By the end of December one of the buildings located on Temple University’s Main Campus in Philadelphia will be equipped with a 63 kilowatt rooftop photovoltaic system.
Gilbert-Owned Companies Snag Two More Office Buildings, Invite Artists to Color Garage Building
Detroit’s filing for bankruptcy is not that big of an obstacle for Dan Gilbert, the second largest private real estate investor in Detroit after General Motors, who seems to be on the right track to control the entire downtown area.
More Apartments Planned for the Strip District
As demand for apartments continues to be strong in the Pittsburgh region, Shadyside-based Schreiber Real Estate is planning the construction of a six-story residential building in the city’s Strip District. According to the Pittsburgh Post-Gazette, the 59-unit apartment complex will be located at Smallman and 11th streets near the David L. Lawrence Convention Center.
2,800 New Jobs Announced for Greater Nashville Area
Several projects worth hundreds of millions of dollars each have been recently announced for the greater Nashville area and they’re projected to create several thousand new jobs.
Madison Acquires Stake in Two-Property Portfolio in California
By Alex Girda, Associate Editor Two Bay Area properties were the object of a recent stake acquisition by private equity firm, Madison International Realty. The company has moved on the market for a share of a two-building portfolio owned by a closed-end fund sponsored by Deutsche Asset & Wealth Management for an undisclosed fee. According […]
$34 M Bond Refinances South Carolina Senior Care Centers, Covers Further Expansion
Lutheran Homes of South Carolina, Inc., a faith-based, not-for-profit adult care and services organization has secured a $34.45 million bond financing after collaborating with the South Carolina Jobs-Economic Development Authority (JEDA).
Aloft Hotels Slated to Open in Raleigh and Durham by Mid-2015
Starwood Hotels & Resorts has announced it would bring the Aloft brand to the Triangle with the opening of two new properties.
USAA Real Estate to Build $200M Amazon Fulfillment Center
The online retailer got the green light to start its expansion in Ruskin, near Interstate 75 and State Road 674 in far southeastern Hillsborough.
First Baptist Church School to be Converted to HQ for Mister Car Wash
The three-story former First Baptist Church education building at 222 E. Fifth St. near downtown Tucson is going to be redeveloped as headquarters of Mister Car Wash by May 2014.