National
Inland American Plans 23,000-Square-Foot Expansion at Tulsa Hills Shopping Center
Tulsa Hills Shopping Center is set to undergo a 23,000-square-foot expansion which is scheduled to be completed by November, 2014.
Bela Flor Unveils 121-Unit Condo Development in Mesa
Real estate development firm, Bela Flor Communities announced the opening of Villa Rialto, a 121-unit affordable luxury condominium development in Mesa.
NorthMarq Capital Secures Lake Weston Point Community Refinance
NorthMarq Capital secured an $8.83 million refinance for Lake Weston Point Apartment Homes.
Historic Crosley Building Could Get New Life as Apartments
Throughout it’s long history, the Crosley Building, in Cincinnati’s Camp Washington neighborhood, has seen many things. It witnessed the rise and fall of important American companies and has experienced the same rise and fall itself. But its story is not yet over. An Indianapolis-based developer plans to bring new life to the ten-story, light industrial facility and turn it into apartments.
Construction on Deylen Realty’s Second Virginia Avenue Apartment Complex About to Begin
Local developer Deylen Realty is planning to start construction on a new mixed-use multi-family complex at 501 Virginia Avenue in Indianapolis this month.
64-Unit Hedgemoor Square, 161-Unit Heritage Place Sold to Out-of-Town Investors
Hedgemoor Square Apartments, a 64-unit East Memphis multifamily asset has been purchased by an affiliate of St. Louis-based Gateway Commercial for $3.6 million
Atlantic Station Gets More EV Charging Units
Electric car driving tenants, employees and visitors of the Atlantic Station mixed-use community in Atlanta can breath a sigh of relief knowing they will never again have to leave the complex with a dying battery. According to a recent announcement, four new Level 2 electric-vehicle charging units have been put in operation in the underground parking garage on P1, near the valet station.
NorthMarq Brokers $2.7M Acquisition Financing; HFF Arranges Infill Retail Asset Sales
NorthMarq Capital’s Charlotte-based regional office vice president Kevin Jenkins has arranged the $2.17 million acquisition of Northlake Plaza, the company announced.
Le Parc at Brickell Condo Developers Close on $19M Loan
A joint venture between ALTA Developers and Strategic Properties Group broke ground just last month on Le Parc at Brickell, a 12-story, 128-unit luxury condominium going up in Miami’s upscale Brickell Financial District at 1600 SW 1st Avenue. The companies have released a publication recently, announcing the closing of a $19 million construction loan from Banco de Crédito e Inversiones Miami Branch.
Riverside Resources Started Construction on Capital Ridge Office Development
The 38 acre office/hotel campus site located at the intersection of Loop 360 and Bee Cave Road has turned into a construction site that will give Capital Ridge, a 215,000 square feet 7-story Class A office building. The developer is Riverside Resources, specialized in investment, development, and management of commercial real estate in Central Texas.