Cleveland
NRP Group, Willton Team up on 368-Unit Lucent
The NRP Group is partnering with Willton Investment Management to develop Lucent, a 368-unit apartment complex in Austin’s Tech Ridge… Read more
NE Portfolio Deal Puts Morgan Properties Among Top 5 Apt. Owners
Morgan Properties completed a portfolio transaction to acquire nearly 15,000 apartments across 80 communities, and has agreed to acquire 3,000… Read more
VICI Ponies Up $843M for Cleveland Gaming Properties
VICI Properties Inc. is acquiring the real estate assets of JACK Entertainment’s JACK Cleveland Casino and JACK Thistledown Racino, the… Read more
How Long It Takes to Pay Off a Home in the 50 Biggest Metros
The cost of housing in the U.S. has reached excessive levels in recent years, making owning a home unattainable for… Read more
NRP Will Build Mixed-Use in Cleveland’s Slavic Village
The NRP Group plans to develop Slavic Village Gateway, a mixed-use community in Southeast Cleveland. Developed in collaboration with nonprofit University… Read more
Apartment Turnover Rate Continues to Fall; Lowest in Two Decades
New research by Los Angeles-based CBRE shows multifamily turnover, the percentage of total rented units not renewed each year, fell… Read more
MREIC Adds Mission-Critical Toyota Tsusho Facility
Monmouth Real Estate Investment Corporation (MREIC) has acquired a newly-built 350,000-square-foot industrial building at 5440 Haggerty Ln. in Lafayette, IN for… Read more
NRP Breaks Ground in Cleveland’s Euclid-Green Neighborhood
The NRP Group broke ground on The Residences at Cornerstone, a 76-unit affordable housing apartment community in the Euclid-Green neighborhood on Cleveland’s East Side.… Read more
CBRE Adds Bates as Retail VP in Cleveland
CBRE has hired Jeremy Bates as a VP in Cleveland, joining its retail team. A veteran of retail as well… Read more
CRE Green Lease Leaders Unveiled by IMT, DOE Better Buildings Alliance
The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance revealed the 2019 Green… Read more
Italian Auto Supplier Buys Detroit Site for New Factory
Italian automotive supplier Tiberina Group has acquired 10 acres of land at the former American Axle & Manufacturing Holdings site… Read more
Citymark Divests Portion of Fund Assets for $140M
Connect Apartments is planned next month in Los Angeles. You can get more information and register to attend on this… Read more
Investcorp Acquires U.S. Distribution Center Portfolio for $170M
Investcorp’s U.S.-based Real Estate Investment team acquired a portfolio of eight single-tenant distribution properties across the country for a combined… Read more
University Hospitals Plans $200M Addition to Medical Center in Cleveland
Cleveland-based University Hospitals unveiled plans for a $200-million addition to its UH Ahuja Medical Center in Beachwood, OH that is… Read more
Berkadia Lines Up $19M for Cleveland-Area Retail
Berkadia has provided $19 million in financing for Royalton Collection, a retail development in Strongsville, OH. The to-be-built property at… Read more
Glenmont Acquires Downtown Cleveland Hotel, Plans Re-Brand
New York-based Glenmont Capital Management, LLC completed the off-market acquisition of the Radisson Hotel Cleveland-Gateway for a reported $7.5 million.… Read more
CA Senior Living Launches Cleveland-Area Community
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has begun construction on a 192-unit senior… Read more
Portfolio of Cleveland, Cincy Data Center Campuses Claimed
Silverpeak and Legacy Investing, LLC, in partnership with funds managed by Oaktree Capital Management, L.P., acquired a portfolio of office,… Read more
Cleveland-Area Tesla Dealership Goes Up for Sale
Net lease real estate platform B+E is marketing a Tesla retail property in Lyndhurst, OH, near Cleveland. Asking price on… Read more