Ohio
CREC Closes Second Multifamily Fund at $80M
Private equity real estate investment firm CREC Real Estate has closed its second real estate fund, CREC Real Estate Fund II… Read more
NRP Group Plans Record Multifamily Starts for 2022, Breaking Ground on 6,000+ Apartments
Multifamily housing specialist The NRP Group plans to break ground on more than 6,000 apartment homes in 2022, exceeding all… Read more
Trammell Crow Appoints New SVP for Midwest Office
The Midwest office of developer Trammell Crow said that Josh Udelhofen has joined the firm as a Senior Vice President.,… Read more
Dallas-Based BBG Acquires Crown Appraisal Group
BBG, an independent commercial real estate due diligence firm, continues its expansion in Ohio with its acquisition of Ohio-based appraisal… Read more
CBRE’s Atlanta Office Brokers Recap of $350M, 23-Property MOB Portfolio
CBRE in Atlanta has recapitalized a 12-state, 23-property, 1-million-square-foot medical office building portfolio in excess of $350 million in value.… Read more
GreenRock Continues Its Funding of ‘Green’ Endeavors
If ‘green’ building leads to ‘green’ on the ledger for firms, GreenRock recently flexed in the space, with $55 million… Read more
Prescription Pun-Free Zone: CVS-Occupied Properties Sell for $90M
SRS’ National Net Lease Group, based in Newport Beach, Orange County, has completed a sale of 13 CVS-occupied properties across… Read more
Vestian Launches Higher Ed Practice
Vestian, a global commercial real estate firm, has formed a Higher Education & Public Institutions practice group. Headquartered in Chicago,… Read more
Opportunity Funds Saw Investment Surge Ahead of Dec. 31 Deadline
Reported equity investment in qualified opportunity funds (QOFs) tracked by national accounting and consulting firm Novogradac increased by nearly $7… Read more
JLL Markets Class A Cleveland Rentals
JLL Capital Markets has been engaged by Playhouse Square Foundation to market for sale The Lumen, a 318-unit, Class A,… Read more
Evergreen Adds 1,377 Apartments to Management Portfolio
Chicago-based Evergreen Real Estate Group said Tuesday it has been retained to manage multifamily communities comprising a total of 1,377 units across Illinois, Minnesota,… Read more
AIPSO Inks Deal for First Cleveland-Area Location
CBRE has secured a lease for AIPSO at 5875 Landerbrook Dr. in Mayfield Heights, OH. The Rhode Island-based insurance services organization will… Read more
Remedy, Kayne Anderson, MedProperties Form $350M JV for 23-Asset MOB Portfolio
Dallas-based MedProperties, Los Angeles-based Kayne Anderson Real Estate and Chicago-based Remedy Medical Properties have formed a $350 million joint venture… Read more
Taurus Bulks Up Midwest Industrial Presence
Boston-based Taurus Investment Holding has acquired a Midwest industrial portfolio, consisting of 18 buildings totaling 1,557,670 square feet across the… Read more
US’ Oldest Black-Owned Business Expands with Leased Space in Charlotte, Raleigh
E.E. Ward Moving & Storage Co., the oldest Black-owned business in the country, has expanded its operations to the Carolinas… Read more
Matthews Brokers Sale of Ohio Industrial Leased to Arm & Hammer
Matthews Real Estate Investment Services brokered the sale of a 488,000-square-foot, single-tenant industrial property, located at 110 E. Jones Rd.,… Read more
K Avenue Lofts Nabs $40M Financing for Development
KeyBank Community Development Lending and Investment (CDLI) recently provided a $39.6 million private placement loan for MVAH Partners LLC, an… Read more
Intel Plans $20B Investment in Columbus-Area Chip Factories
Intel said it would invest more than $20 billion to build new chip factories in New Albany, OH, near Columbus. The Buckeye State will be home to Intel’s first new manufacturing… Read more
Northmarq Provides 80% LTV on Cincy Office Loan
Christina Grimme, VP in Northmarq’s Cincinnati regional office, closed a $6,300,000 loan to finance the acquisition of Executive Plaza III, an 89,327-square-foot office… Read more