Pennsylvania
$125M Fannie Mae Financing Goes to Apts. in PA, KY
Greystone has provided $125,200,000 in Fannie Mae financing as part of a recapitalization effort for a $163,500,000 portfolio of multifamily… Read more
Data Center Partnership Makes First Acquisition
A day after Next Tier HD and RedBird Capital Partners announced an investment partnership to acquire mission critical and data… Read more
FCP Buys Philly Luxury Rentals for $118M from J.P. Morgan
FCP acquired Edgewater, a 286-unit luxury high-rise apartment community in Center City Philadelphia, for $117.9 million from institutional investors advised by… Read more
Ventas Adds Schools in PA, MO to University-Based Business
Ventas is adding four new developments totaling approximately $800 million to its university-based Research & Innovation (R&I) business, all in… Read more
JLL Team Markets O-Zone Site in Philadelphia’s Fishtown
JLL Capital Markets has been retained by Grand Street Development and Kamson Corp. to market what is reportedly the largest… Read more
Philly’s SugarHouse Casino Will Rebrand After Upgrades
Rush Street Gaming will rebrand SugarHouse Casino, Philadelphia’s first licensed casino, later this year after a series of property upgrades.… Read more
Dick’s Sporting Goods Loses Money After Changing Gun Policies
After the shooting at Marjory Stoneman Douglas High School in February of 2018, Ed Stack, CEO of retailer Dick’s Sporting… Read more
MLP Launches Co-working Platform for Tech, Life Science Sectors
MLP Ventures, which specializes in repurposing legacy corporate and government properties, has launched The Discovery Labs, a co-working ecosystem for… Read more
Wind Creek Pays $1.3B for Bethlehem Casino
Wind Creek Hospitality (WCH), an authority of the Poarch Band of Creek Indians, has finalized the purchase of the Sands… Read more
Liberty52 Supportive Housing Rises in Philly
Liberty Housing Development Corp. (LHDC) broke ground Friday on Liberty52: Stephen F. Gold Community Residences in Philadelphia. Rising on vacant… Read more
Urban Outfitters Tries On Clothing Rental Service for Women
Urban Outfitters Inc. plans to launch Nuuly, an online clothing rental subscription service for women. Set to debut late summer,… Read more
LG Realty Advisors Unveils Plans for Liberty East in Pittsburgh
LG Realty Advisors revealed plans for Liberty East, a mixed-use development project in Pittsburgh’s East Liberty neighborhood. The first phase… Read more
UPMC Breaks Ground on $400M Vision, Rehabilitation Tower in Pittsburgh
UPMC broke ground on a $400-million UPMC Vision and Rehabilitation Tower at UPMC Mercy in Pittsburgh. The facility, part of… Read more
Pittsburgh Student Housing Project Set to Open
Austin, TX-based Campus Advantage, in partnership with Chicago-based Pinecrest, is set to open The Bridge on Forbes, student housing project… Read more
Scott Martin Joins Avison Young in Philadelphia
Highly-regarded office and healthcare real estate specialist Scott Martin has joined Avison Young in Philadelphia. He becomes a Principal of… Read more
Caddis Enters Mid-Atlantic with Senior Living Development
Dallas-based Caddis plans to develop its first Heartis senior living community in Pennsylvania at 1667 Dobry Rd. in Yardley, roughly… Read more
Arch Street Claims 570K-SF Suburban Philly Assets for $173M
Arch Street Capital Advisors, LLC acquired a fully-leased, 568,658-square-foot office portfolio located in the greater Philadelphia MSA, on behalf of… Read more
3 CRE Q&A: Rethinking Today’s Retail Leasing Strategies
By Tony Banks, Wolf Commercial Real Estate, LLC/CORFAC International Q: With the retail sector facing high vacancies and low investor… Read more
Penn Medicine Launches $200M Outpatient Center
Penn Medicine broke ground on a $200-million Advanced Patient Care facility in Radnor, PA. Brandywine Realty Trust was selected by… Read more