Pennsylvania
Cordish, FanDuel Partner on Casino Sports Betting
The Cordish Companies and FanDuel Group formed a strategic partnership to bring FanDuel’s fantasy and sports betting operations to Cordish’s… Read more
NKF, Walker & Dunlop Arrange $388M Refi in Philly
On behalf of a joint venture between Nightingale Properties and Wafra Capital Partners, NKF and Walker & Dunlop arranged the… Read more
Fannie Mae Green Loans Finance Philly-Area Multifamily Buy
Hunt Real Estate Capital provided $19.7 million in Fannie Mae Green Rewards loans to finance the acquisition of a three-property multifamily… Read more
RFP Calls for Philly Riverfront Development
The Delaware River Waterfront Corporation (DRWC) issued an RFP seeking teams to develop 11 acres of central Delaware River waterfront space… Read more
High Street Wraps Up Work on Pittsburgh Luxury Multifamily
High Street Residential and its project partner, Northwestern Mutual, completed construction on Glasshouse, a new luxury residential building in Pittsburgh’s South Shore neighborhood.… Read more
Morgan Properties’ Jason Morgan: “No Better Asset Class” Than Workforce Multifamily
Among the secrets of success in commercial real estate investment is finding a vehicle that works. In the case of… Read more
NHL’s Penguins Reach New Agreement on Pittsburgh Redevelopment
The Pittsburgh Penguins reached a new agreement with the city and the Urban Redevelopment Authority of Pittsburgh on the long-delayed redevelopment of… Read more
Meridian Arranges CMBS on York, PA Shopping Center
Meridian Capital Group, together with an affiliate of CBRE, arranged $9.8 million in acquisition financing for Two Guys Commons, an… Read more
PREIT/Macerich JV Unveils Philly’s Fashion District
A joint venture partnership between PREIT and Macerich will launch Fashion District Philadelphia, a redevelopment of the former Gallery Mall… Read more
Master Lease Figures in Philly Development Opportunity
Rittenhouse Realty Advisors is marketing a development opportunity under a master lease at 1620 Sansom St. in Philadelphia’s Rittenhouse Square… Read more
RAIT Financial Seeks Ch. 11 Protection
Philadelphia-based RAIT Financial Trust has filed for Chapter 11 protection at U.S. Bankruptcy Court in Delaware. The mortgage REIT has… Read more
Urban Air Slates Third Metro Pittsburgh Location
Dallas-based Urban Air says it will open a 61,539-square-foot indoor trampoline/recreation and entertainment center in the Westmoreland County community of… Read more
Rubenstein Acquires One of Philly Region’s Largest Office Parks
Rubenstein Partners closed on its acquisition of Chesterbrook Corporate Center, a 1.1- million-square-foot, 14-building Class A office park in the… Read more
GIANT Supermarket Will Occupy Two Levels at Luxury Philly MXU
Supermarket chain GIANT Food Stores will occupy 65,160 square feet across two floors at PMC Property Group’s River Walk along… Read more
CushWake Arranges Refi for Luxury Philly Apartments
Cushman & Wakefield advised Ivy Realty and DW Partners in obtaining a $27.5-million refinance on 1600 Callowhill St., a newly-built rental… Read more
Hunt Provides Fannie Mae Refi on Philly-Area Apartments
Hunt Real Estate Capital provided a Fannie Mae conventional multifamily loan of $35.8 million to refinance Center Square Towers, a mid-rise apartment… Read more
CommonGrounds Comes to Philly with 1700 Market Lease
Flexible workspace provider CommonGrounds Workplace is expanding to Philadelphia, signing a long-term lease for 62,461 square feet at 1700 Market… Read more
Retailer GNC to Shutter up to 900 Stores
Pittsburgh-based health and wellness retailer GNC has announced plans to close as many as 900 stores. The plans were revealed… Read more
Pantzer Grows Philly Holdings with Toll Brothers Project
Pantzer Properties has acquired Toll Brothers’ recently developed Riverworks apartment complex in Phoenixville, PA for $77.8 million, the Philadelphia Business… Read more