Philadelphia
Rubenstein Partners Closes First Acquisition in Dallas Market
Rubenstein Partners, a Philadelphia-based real estate investment adviser for value-added office property equity and debt opportunities, announced the acquisition of… Read more
31-Unit Philly Apartment Building Sells for $10M
Rittenhouse Realty Advisors has sold a recently constructed, 31 unit apartment building located at 1216-1226 N 5th Street in the… Read more
RiverBrook Equities Acquires Williamsburg Hotel as Part of $30M Hospitality Portfolio Buy
RiverBrook Equities has acquired the Holiday Inn Express & Suites Williamsburg in Williamsburg, VA as part of a three-property portfolio… Read more
Thor Equities Plans Industrial Development in New Jersey
Global developer Thor Equities Group has acquired a property in the fast-growing Northern New Jersey submarket, the developer’s second acquisition… Read more
Silverstein Properties, Cantor Fitz in Philly Life Sciences Play
New York-based developer, owner and property manager Silverstein Properties, Manhattan-based investment bank Cantor Fitzgerald and Philly-based sustainable developer University Place… Read more
Ensemble/Mosaic and Oxford Properties Partner in Huge Philly Navy Yard Life Sciences Build
A joint venture of Ensemble Real Estate Investment and Mosaic Development Partners has partnered with Oxford Properties Group, entering into… Read more
Record 2021 Cross-Border Investments in U.S. Industrial Real Estate Assets, JLL Expects Continued Strong Foreign Interest
With more than $143 billion in transactions, investor demand in industrial assets in the U.S. soared to new heights in… Read more
iBorrow Lends $52m on Temple U. Student Housing
Direct lender iBorrow has provided a $52-million loan secured by The Edge Student Village, a 798-bed, 12-story building in Philadelphia. The property provides housing for students of Temple… Read more
Investcorp Grows U.S. Industrial Presence with $640M Deal
Bahrain-based Investcorp has acquired 64 industrial properties totaling approximately 5.6 million square feet across seven major US markets for an… Read more
Kids, Engineers Celebrate as LEGO Discovery Center Heads to Springfield
Philadelphia, PA-based PREIT’s Springfield Town Center has executed an agreement with Merlin Entertainments to open a LEGO Discovery Center in… Read more
Multifamily Finance Specialist BWE Closes $90M SoCal Deal
By Ted Jackson Bellwether Enterprise Real Estate Capital LLC (BWE) has closed a $90-million permanent placement loan on a big Southern… Read more
H5 Data Centers Acquires Seven Properties from vXchnge
By Ted Jackson Edge data center and carrier hotel provider H5 Data Centers has acquired data centers located in Nashville, Philadelphia, Pittsburgh,… Read more
Sterling Bay, Harrison Street JV on Philly Life Sciences Development
Chicago-based Sterling Bay and Harrison Street and New York-based life sciences development firm Botanic Properties have entered into a joint… Read more
NYC Lags Northeast in New Housing Approvals
New York City approved less new housing per resident than any other Northeast city in 2020, the New York Post… Read more
Sam Zell’s EGI Partners with East Coast Warehouse
Equity Group Investments (EGI), Sam Zell’s private investment firm, has made an investment in East Coast Warehouse (ECW), a leading… Read more
Taurus Completes $424M Recapitalization of 58-Building Industrial Portfolio
Boston, MA-based Taurus Investment Holdings, LLC, has completed the $423.5 million recapitalization of a 58-building industrial portfolio totaling 3,962,339 square… Read more
PCCP Lends $500M on Massive Philly Redevelopment
PCCP, LLC provided a $500-million loan to Hilco Redevelopment Partners (HRP) for the redevelopment of the former PES oil refinery in Philadelphia.… Read more
Square Mile Originates $195M for Philly Multifamily Acquisition
(Updated with additional information) Square Mile Capital Management LLC kicked off 2022 by originating a $195-million loan secured by 1500 Locust, a… Read more
Avison Young Hires Property Management Leader for Tri-State
Avison Young has hired Eric Stone as principal & regional director of Real Estate Management Services (REMS). Stone will be based out of the firm’s… Read more