Philadelphia
Luxury Medspa Opening Newest Location in Indiana
A new luxury wellness and skin rejuvenation center is slated to open in Indiana, serving Granger and neighboring communities in… Read more
Affinius Capital Originates $150M Loan for 1.8M-SF Industrial Portfolio
Affinius Capital LLC has originated a $150 million loan on a cross-collateralized industrial portfolio consisting of six Class A assets… Read more
Metra Receives $100M Fed Grant for New Railcars
Chicago’s commuter train operator is one of three organizations selected to receive funds under the Federal Transit Administration (FTA) Rail… Read more
Alterra IOS Expands into Inland Empire
Alterra IOS has acquired a strategically located industrial property located at 1369-1379 W. 9th St. in Upland. Deals terms were… Read more
The Goldie Initiative Expands Mentorship, Scholarship Program
The Goldie Initiative has expanded its mentorship and scholarship program in the U.S. Northeast region. The Chicago-based organization kicked off… Read more
Goldie Initiative Expands to Northeast Region
The Goldie Initiative has expanded its mentorship and scholarship program to the U.S. Northeast region. The initiative, aimed at preparing… Read more
Underwriting Metrics Improve for Prime Multifamily
Prime multifamily metrics continued increasing in the fourth quarter of 2023, CBRE said Friday. Unlevered IRR targets, going-in cap rates… Read more
Equus Pays $220M for Six-Property MF Portfolio
Equus Capital Partners, Ltd. said Thursday that an affiliate completed the acquisition of Project Big Timber, a six-property, garden-style multifamily… Read more
Avison Young Acquires Madison Marquette’s Retail Services
Avison Young has signed a venture agreement to acquire Madison Marquette’s retail property management, retail marketing, retail leasing and specialty… Read more
MLG Capital Buys Suburban Apartment Complex for $73M
MLG Capital, a Wisconsin-based real estate investor, paid nearly $73 million for Meadows at River Run, a 374-unit complex located… Read more
Examining Current and Future R&D/Lab Space Trends
Life sciences/research and development real estate experienced a reset in 2023, according to JLL. Still, demand will likely rebound in… Read more
Rockefeller Group JV to Develop Logistics Project in Philly
A joint venture of Rockefeller Group and PCCP, LLC has purchased a fully entitled 50.44-acre site located at 15000 Roosevelt… Read more
GREP Leases 860K-SF Small-Bay Industrial Space
Greek Real Estate Partners (GREP), a New Jersey-based industrial real estate firm, has secured over 860,000 square feet in small-unit… Read more
PREIT Files for Prepackaged Chapter 11 Bankruptcy
Philadelphia-based shopping center PREIT said Monday it had filed a voluntary Chapter 11 petition in U.S. Bankruptcy Court for the District of Delaware.… Read more
Rite Aid to Close More Seattle-Area Bartell Drugs Stores
Following the recent Chapter 11 bankruptcy filed by Rite Aid Corporation, several Puget Sound Bartell Drugs stores are facing closures.… Read more