National
Indianapolis Announces Creation of New Cultural District
During a press conference held on April 16, the City of Indianapolis unveiled its plans of creating the Market East District, a new cultural district centered on the new developments at and around the former Market Square Arena site in the city’s downtown.
Making Inroads into Memphis, CLK Properties Buys 118-Unit Pinnacle Apartments for $3.8M
New York real estate firm CLK Properties has picked up yet another Memphis apartment, hot on the heels of its March purchase of Georgian Woods.
Parkway Takes Ownership of One Orlando Centre
Parkway Properties, Inc. has announced the acquisition of One Orlando Centre. The company has also simultaneously restructured the existing first mortgage loan.
Berkley Specialty Underwriting Managers Consolidates Operations at Ravinia
Berkley Specialty Underwriting Managers has recently signed a long-term office space lease in Atlanta’s Central Perimeter submarket at Two Ravinia Drive. The property is part of the 42-acre Ravinia complex which consists of three Class A towers and a 500-room Crowne Plaza Hotel.
Golden Sands Oceanfront Development Site in Miami Beach Sold
CBRE Hotels has recently announced the sale of the former Golden Sands development site.
Terwilliger Pappas Breaks Ground on 184-Unit Solis Dilworth
Terwilliger Pappas Multifamily Partners has broken ground on Charlotte’s newest apartment community, the 184-unit Solis Dilworth.
Furnished Quarters to Manage Extended Stay Hotel in the Historic 70 Pine Street Building
The 132-suite extended stay hotel at the iconic 70 Pine Street building in the heart of the Financial District will be operated by Furnished Quarters, a top provider of furnished apartments.
Greater Baltimore Multi-Housing Developments Receive Funding
Two Greater Baltimore residential projects have secured financing last week, and are both now one step closer to completion. Located in downtown Baltimore and in Odenton, the two projects total more than 420 units.
$70 Million Makeover Announced for Boston’s TD Garden
Delaware North Companies, who owns and operates Boston’s TD Garden arena, announced a $70 million privately financed makeover that will begin this summer.
Kimray’s HQ Proposal Wins Nod from OK City Planning Commission
At the end of January, oil-field equipment maker Kimray Inc. announced its intentions to relocate its Oklahoma City headquarters. The company had announced its intention to move to a 136-acre property on the northwest corner of Eastern Avenue and Britton Road.