Ohio
Jamestown to Buy $2 Billion Atlanta Subsidiary of North American Properties
Jamestown will acquire the Atlanta subsidiary of Cincinnati-based North American Properties (NAP). The Atlanta subsidiary, which has $2 billion in… Read more
Marquette Management Expands to Ohio
Marquette Management, a national multifamily development, investment and management firm, announced its latest property management assignment at the Trinity Lakes… Read more
Dwight Mortgage Trust Provides $51M Bridge Loan for MI Apartments
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, closed a $51.3 million bridge refinance for Southgate Apartments, a 624-unit… Read more
Alterra IOS Acquires Two Outdoor Storage Sites in Columbus
Alterra IOS has acquired two industrial outdoor storage properties totaling 22.3 acres in Columbus, Ohio, bringing the company’s total number… Read more
Molto Properties Scores Full-Building Lease at Columbus-Area Spec Industrial
Molto Properties secured a full-building lease with global third-party logistics company DB Schenker at Canal Pointe Building A, a 450,696-square-foot… Read more
Trilogy Health Services Announces Midwest Expansion
Trilogy Health Services, a provider of senior and assisted living services, announced an investment to develop and expand senior living… Read more
Chicago/Midwest People & Company News, week of July 26, 2024
Chicago-based commercial real estate brokerage firm Greenstone Partners announced the addition of two experienced assets to its team. Senior Marketing… Read more
Chicago/Midwest People & Company News, week of July 19, 2024
Lamar Johnson Collaborative (LJC) announced the hiring of Lisa Dziekan as Principal, Economic Development. Dziekan brings extensive experience and a… Read more
Commercial Real Estate is . . . People
When seeking out the best commercial real estate opportunities, investors examine many factors. These include pro formas, supply, market and… Read more
Residential Rents Post 11th Consecutive Monthly Decline
Rents for residential units fell again in June, with especially large declines in the South, where there’s been an influx… Read more
M&M Arranges Sale of Target-Shadowed Retail Property in Rochester
Marcus & Millichap the sale of a Target-shadowed retail strip located in Rochester, Minnesota. The property sold for $4.243 million. … Read more
CRE Industry Groups Applaud Bipartisan Bill to Incentivize Residential Conversion
Industry associations applauded the introduction of the bipartisan Revitalizing Downtowns and Main Streets Act (H.R. 9002), which would create a tax… Read more
U.S. Multifamily Permits Down Nearly 30% from Pandemic Levels
Builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. year to date, down… Read more
CIG Closes Real Estate Investment Fund with Over $83M in Capital Raised
Clear Investment Group (CIG), a multifamily real estate investment firm, announced the final close of Clear Opportunities Fund I with… Read more
Kroger to Sell 35 Illinois Stores as Part of Albertson’s Deal
Kroger has announced the 35 stores in Illinois that would be sold as part of the grocery giant’s planned merger… Read more
Trio Selected for 1.8M-SF Louisville Industrial Portfolio Assignment
TRIO Commercial Property Group has been awarded a 1.8-million-square-foot industrial portfolio for leasing and management services. The assignment from Weston,… Read more