Pennsylvania
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more
Sinatra Pays $64.3M for Cocoa Apartments
Sinatra & Co. acquired the Cocoa Grand Apartments, its first multifamily asset in Cocoa, Florida, and its fifth asset in… Read more
Winstanley Acquires Former Save a Lot Distribution Center
Winstanley Enterprises LLC, among the largest regional owners and operators of commercial real estate in the Northeast, has acquired a… Read more
Nassimi Realty Acquires Midwest Shopping Centers Totaling 400K SF
Nassimi Realty, a New York-based real estate development company, announced the acquisition of two retail properties: Lake Plaza in the… Read more
PCCP Furnishes $61M Construction Loan for Trenton-Area Spec Industrial
PCCP, LLC has provided a $60.8-million senior construction loan to Lincoln Equities Group for the speculative development of a 420,024-square-foot,… Read more
The Banking Sector Status: Strong? Or in Trouble?
In this third article of a four-part series, Connect CRE reached out to economic experts for information about lenders and… Read more
Fully Occupied Neighborhood Center Changes Hands in Fairfield County
Heritage Plaza, a newly renovated, 26,403-square-foot neighborhood shopping center located at 28 CT-39 in New Fairfield, CT, has sold for… Read more
Royal Farms to Expand with Gas Station, Convenience Store in Greenbelt
Royal Farms, a privately owned chain of convenience stores headquartered in Baltimore, plans to open a new location in the… Read more
Temple U Student Housing Scores $285M Refi
Walker & Dunlop, Inc. has closed a $285,500,000 refinancing for Vantage and The View at Montgomery in Philadelphia. The two student… 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
Värde Provides $185M Refi for 20-Property Self-Storage Portfolio
Värde Partners, a global alternative investment firm, has provided a $185 million loan to refinance a multi-state self-storage portfolio to… Read more
Thornton Tomasetti Adds New VP to Boston Office
Thornton Tomasetti has added Jonathan Hill as vice president in its Boston office. Hill, a building envelope specialist with nearly… Read more
MAG Capital Partners Completes Industrial Sale-Leaseback
MAG Capital Partners acquired two industrial facilities in Western Pennsylvania in a sale-leaseback-structured transaction with HuFriedyGroup, a global manufacturer of… Read more
Indy-based Milhaus Breaks Ground on Apartments in Pittsburgh
Milhaus, a multifamily developer, owner and operator, has partnered with real estate investment firm BAM Capital to break ground on… Read more