Cleveland
Walker Webcast: Dr. Michael Roizen Unlocks the Secrets of Longer, Healthier Lives
Human life expectancy has been a moving target for decades, and that expectancy will only continue increasing thanks in part to… Read more
Legacy, DB Nab Salado Creek Due to COVID Performance Upswing
Cleveland-based Legacy Capital Partners and Los Angeles-based DB Capital Management recently acquired Summit at Salado Creek, a 1997-vintage 352-unit apartment… Read more
Costa Rican Buyer Picks Up Ohio Carvana Facility
CBRE arranged the $6.74-million sale of a Carvana facility in Warrensville, OH to a Costa Rica-based private investor. The firm’s Michael Shover and… Read more
NY-Based Nassimi Acquires Retail in Cleveland Suburbs
New York-based development company Nassimi Realty has acquired Medina Grande Shoppes, a 150,000-square-foot retail complex in Medina, OH, within the Cleveland metro… Read more
Fifth Third, Enterprise Partner on Community Revitalization
Fifth Third Bank and Enterprise Community Partners launched a $180-million neighborhood program to accelerate revitalization in nine key majority-Black communities… Read more
Greystone Closes Acquisition Loan on Ohio SNF
Greystone has provided a $50,100,000 bridge loan to an undisclosed borrower for the acquisition of a six-property skilled nursing portfolio in Ohio. The transaction was originated by Fred Levine… Read more
U.S. Home Prices Extend Streak of Record-Setting Annual Growth
U.S. home prices have done it again, setting another high-water mark for annual price gains. S&P Dow Jones Indices said Tuesday… Read more
CEDARst, Quartz Lake Target Multifamily with JV Investment Fund
CEDARst Companies and Quartz Lake Capital, both headquartered in Chicago, have formed a strategic joint venture investment fund to target infill multifamily development opportunities. … Read more
The Leading Market for CRE Recovery is Not in the Sunbelt
“Nearly 17 months since the start of the coronavirus pandemic, the world is still working on a recovery,” reports Trepp’s… Read more
Berkadia Arranges $73M Financing on Cleveland High-Rise
Berkadia secured financing for The Beacon, a high rise multifamily property in Cleveland. Senior managing director Mark Vogel and managing director… Read more
DealPoint Merrill Plans $200M Cleveland-Area MXU at Former Regional Mall
DealPoint Merrill has acquired the remainder of the former Richmond Town Square regional mall in Richmond Heights, OH, a Cleveland… Read more
ICP Plans Redevelopment at Chapel Hill Mall in Akron
Industrial Commercial Properties (ICP), based in Solon, OH, finalized its purchase of the Chapel Hill Mall in Akron, acquiring all… Read more
CEDARst Begins National Expansion Plans on the West Coast
Chicago-based CEDARst Companies continues its national expansion efforts with two ground-up multifamily development projects totaling $144.5 million in San Diego… Read more
KeyBank: Navigating Debt Markets in Turbulent Times
By Dennis Kaiser KeyBank’s debt capital markets lending team remains active across the commercial real estate financing spectrum encompassing multifamily… Read more
KeyBank Arranges Acquisition Loan for Columbus Affordable
KeyBank secured $86.8 million of capital for PIRHL to acquire and renovate Crosswinds Village, a 232-unit apartment community in Columbus, OH.… Read more
Plymouth REIT Doubles Cleveland-Area Footprint
Boston-based Plymouth Industrial REIT has bumped up its Cleveland-area presence, closing on the previously announced acquisition of a portfolio of… Read more
Bellwether Enterprise Expands National Footprint in Phoenix, San Diego
Cleveland-based Bellwether Enterprise Real Estate Capital LLC opened new offices in Phoenix and La Jolla. The commercial and multifamily mortgage… Read more
Investcorp Snaps Up 22M-SF Midwest Industrial Portfolio
Investcorp acquired 32 industrial properties totaling approximately 3.5 million square feet across four major Midwest markets for a total capitalization… Read more
NRP Breaks Ground in Cleveland’s Broadway-Slavic Neighborhood
The NRP Group broke ground on 5115 at The Rising, a mixed-use residential community in Cleveland’s Broadway-Slavic Village neighborhood. Reportedly… Read more