Ohio
Welltower Expands Investment Team Leadership
Toledo, OH-based Welltower Inc. expanded its team with the addition of Ayesha Menon and Edward Cheung as SVP’s of Investments.… Read more
Transwestern Takes 1.5M-SF Ohio Industrial Portfolio
A three-building, 1.5-million-square-foot industrial portfolio in Columbus, OH has traded hands for a reported $32 million. Transwestern Investment Group purchased… Read more
Bellwether Closes Nearly $50M in Loans for Diverse Mix of Assets
Cleveland-based Bellwether Enterprise Real Estate Capital LLC closed five loans totaling $48 million for retail, office, and mixed-use residential properties… Read more
VICI Properties Buying Jack Cincinnati Casino with Hard Rock for $745M
New York-based VICI Properties Inc. is acquiring the Jack Cincinnati Casino in Cincinnati for roughly $745 million in cash. The… 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
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
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
Washington Prime Adds JV at Polaris Fashion Place to Sears Redevelopments
Washington Prime Group said it plans to redevelop the Sears at its Polaris Fashion Place mall in the REIT’s hometown… Read more
Pace Funds Homewood Suites, Hilton Garden Inn Development in Ohio
Pace Equity funded the largest new Property Assessed Clean Energy (PACE) construction project in Ohio, a highly-sustainable new Homewood Suites… Read more
Welltower Claims 12-Market Hammes MOB Portfolio for $400M
The Hammes Medical Office Portfolio, a 979,000-square-foot, geographically-diverse collection of 23 Class A medical outpatient properties, has traded hands for… Read more
Fairmount, DiGeronimo Secure $171.5M Refi for Cleveland-Area MXU
A partnership between Cleveland-based Fairmount Properties, the DiGeronimo Companies and an unnamed Northeast investment manager received $171.5 million in refinancing for… Read more
Bellwether Surpasses $7B in 2018 Lending
Cleveland-based Bellwether Enterprise Real Estate Capital LLC closed more than $7 billion in estimated loan volume and a servicing portfolio… Read more
Berkadia Arranges $100M Refi for Cleveland Office Tower
Ohio-based The Wolstein Group secured $100 million in financing for Ernst & Young Office Tower, a 23-story office property in… Read more
PGIM Expands in Cleveland, Adds Veteran Originations Team
PGIM Real Estate Finance expanded in the Midwest, adding a new originations team led by Bruce Gerhart and David Strachan.… Read more
Westmount Claims 1.4M-SF Midwest Portfolio
Dallas-based Westmount Realty Capital, LLC acquired a 1.43 million square-foot industrial portfolio in Chicago, Cincinnati and Columbus, OH. Comprised of 12 buildings… Read more
Arcapita Acquires Cleveland Industrial Portfolio
Arcapita acquired a seven-property industrial real estate portfolio in Cleveland from an affiliate of Minneapolis-based Biynah Industrial Partners LLC for an… Read more
HFF Arranges $414.5M Recapitalization for 20 Retail Centers
HFF arranged a joint venture between Cincinnati, OH-based Phillips Edison & Company, Inc. (PECO) and its affiliate in facilitating the… Read more
JLL to Acquire Value Recovery Group’s Federal Advisory Division
Chicago-based JLL is acquiring the Federal Advisory and Scully Capital Services Inc. divisions of Columbus, OH-based Value Recovery Group (VRG),… Read more
American Landmark Sells 1111 Superior Ave. in Cleveland
New York-based Zamir Equities LLC acquired 1111 Superior Avenue, a 559,299-square-foot Class A office tower in Cleveland, OH from American… Read more