Ohio
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
Ivanhoé Cambridge, Oxford Properties JV Takes Stake in IDI Logistics
Ivanhoé Cambridge and Oxford Properties signed a 50-50 joint venture partnership agreement to invest in the recently-acquired Atlanta-based IDI Logistics… Read more
Related Midwest, Pizutti Team on West Loop Apartments
Related Midwest will team with Columbus, OH-based Pizutti to develop a high-rise residential tower in the West Loop, a Related… Read more
Hunt RE Capital Finances Three Deals from One Correspondent
Hunt Real Estate Capital has financed three multifamily assets that were brought to the firm by Chicago-based correspondent broker American… Read more
Video Platform Subleases Chipotle Offices in Flatiron District
Savills Studley has completed a sublease transaction for VidMob and Chipotle Mexican Grill at 126 Fifth Ave. in the Flatiron District. The… Read more
IDI Logistics Taps Tim Moore to Lead Newly-Formed Central Region
IDI Logistics named current SVP and Midwest Regional Director Tim Moore to lead the company’s newly-created Central Region. Based in… 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
Winsupply Adds Regional Distribution Center in Jacksonville
Winsupply Inc. plans to open a new regional distribution center in Jacksonville this year. The national distributor of construction and industrial… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read moreStag Industrial Sells 1.8M-SF, Six-State Portfolio for $114M
Boston-based Stag Industrial, Inc. sold a 1.8-million-square-foot industrial portfolio comprised of seven single tenant buildings in six states for $113.5 million.… Read more
Victory Capital Relocating HQ to San Antonio
Victory Capital announced its intention to move its corporate headquarters from the Cleveland, OH area to San Antonio, TX. Chairman… Read more
Ashtabula Tourism Growth Sparks “Destination Hotel” Project
The City Council of Ashtabula, OH has approved a 10-year, 75% tax abatement for the development of the city’s first… Read more
Evergreen Adds 9 Affordable Projects to Management Roster
Chicago-based Evergreen Real Estate Group has been retained to manage nine affordable housing communities totaling 1,071 units across Illinois, Kansas,… 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
Retail Segment Battered, But Weathers Storm
Given the many store closures across the U.S., minimal changes in vacancy rates show how the retail sector has withstood… Read more
Welltower in $1.25B, 55-MOB Deal with CNL Healthcare Properties
Toledo, OH-based Welltower Inc. agreed to buy a portfolio of Class A medical office and outpatient facilities comprised of 55… Read more
Red Capital Expands Small Balance Lending Platform in Orange County
Columbus, OH-based Red Mortgage Capital, LLC continues to grow its Small Balance Loan (SBL) Platform with the addition of Matthew McCreary… Read more
Austin Soccer Deal Finalized — At Last
The city of Austin and Precourt Sports Ventures finalized a lease and development deal for McKalla Place, a 24-acre, city-owned… Read more