Philadelphia
Meridian Capital Arranges Acquisition Loan on Suburban Philly Offices
Meridian Capital Group arranged $59 million in acquisition financing for One Tower Bridge, a high-rise office tower located in the… Read more
Arden Logistics Parks Expands Industrial Portfolio in Charlotte, NC with Acquisition of Northridge Business Center
Arden Logistics Parks (ALP), a logistics operating platform launched by the Arden Group, has acquired Northridge Business Center. The four-building,… Read more
Cordish Companies to Take Louisiana’s Diamond Jacks Casino “Live!”
The Cordish Companies has acquired the abandoned Diamond Jacks Casino & Hotel in Bossier City, Louisiana from Foundation Gaming. Cordish… Read more
Hill Management’s Bel Air Plaza Adds Three Tenants
Hill Management Services, Inc. has attracted three new retail tenants to Bel Air Plaza, a 160,000 square foot neighborhood shopping… Read more
JV of Venture One, DRA Recapitalizes Industrial Portfolio for Nearly $369M
Rosemont, IL-based Venture One Real Estate has formed a joint venture with New York City-based DRA Advisors to take over… Read more
Hilco Redevelopment Partners Names Co-Founder as CIO
Hilco Redevelopment Partners (HRP), the real estate redevelopment unit of Hilco Global, has named Andrew Chused as CIO. Chused, a co-founder of… Read more
Hilco Redevelopment Partners Promotes Andrew Chused to CIO
Hilco Redevelopment Partners, the real estate redevelopment unit of Hilco Global, has promoted Boston, MA-based Andrew Chused to CIO. He… Read more
Winstanley Enterprises Appoints Alison Lies to EVP Role
Concord, MA-based commercial real estate development and investment firm Winstanley Enterprises has hired Alison Lies as EVP. In this role,… Read more
DC Region Among the Nation’s Most Expensive for Dedicated Desks
The coworking space industry is booming nationwide due to consistent demand. However, prices for the same services differ widely across… Read more
Study: The Latest Work From Home Trends
There’s been plenty of speculation about whether the work-from-home movement will continue. Bloomberg’s contention is that a weaker U.S. job… Read more
Berkadia Finalizes $40M Sale of Shovel-Ready Site Zoned for 36 Stories in Downtown Miami
Berkadia has arranged the $39.5-million sale of a one-acre, Opportunity Zone-designated site in the heart of Downtown Miami for a… Read more
CBRE Hotels Capital Markets Institutional Group Arranges $514M Sale of 65-Hotel Portfolio
Atlanta, GA-based CBRE Hotels Capital Markets Institutional Group has arranged the sale of a 65-property, 7,865-key hotel portfolio located across… Read more
Service Properties Trust Sells 65-Property Sonesta Hotel Portfolio for $514M
Newton, MA-based Service Properties Trust has sold a 65-property, 7,865-key hotel portfolio located across 27 states for a total consideration… Read more
Hersha Hospitality Trust Lets Go of Courtyard Boston South Boston Hotel
Hersha Hospitality Trust has sold the Courtyard Boston South Boston, a 164-key select-service hotel in Boston, MA. Alan Suzuki and… Read more
Fairstead, Intervest Capital Partners Pay $90M for Rockville Townhome Community
Fairstead and InterVest Capital Partners have paid $90 million to acquire the Villas at Rockville, a residential community in the… Read more
PREIT Brings Burlington Stores to Springfield Town Center, Hits Record Occupancy
PREIT has signed a lease with Burlington Stores for a new 30,000-square-foot store at Springfield Town Center in Springfield, VA… Read more
Northmarq Installs Company’s First Washington, DC-Based Investment Sales Team
Capital market resource Northmarq has added its first investment sales team to the company’s Washington, DC office. Christopher Doerr, William… Read more
Philly-Based Westover Enters Manhattan Multifamily Market with East Village Acquisition
Philadelphia-based apartment property owner/manager Westover Companies has made its first investment foray into Manhattan, acquiring The Nathaniel in the East… Read more
KKR Adds Apartment Properties in Philly, Brooklyn for North of $500M
KKR fund KKR Real Estate Select Trust Inc. (KREST) acquired two Class A multifamily properties totaling 1,380 units in separate… Read more