Phoenix
Smith & Henzy Buy Boynton Beach Senior Housing
Smith & Henzy Affordable Group acquired a Boynton Beach senior housing community for $53 million. An affiliate of Related Group… Read more
Hines Enters BTR Market With Pineville Acquisition
Hines U.S. Property Partners (“HUSPP” or the “Fund”), the firm’s U.S. core-plus fund, has acquired Blu South, a build-to-rent (BTR)… Read more
We’re Looking for More of 2024’s Rising CRE Stars
Response to our call for nominations in Connect CRE’s eighth annual Next Generation Awards has been positive. However, we look… Read more
HUD Awards $17M in Grants for Chicago Apartment Energy Upgrades
The U.S. Department of Housing and Urban Development (HUD) announced $173.8 million in new grant and loan awards under its… Read more
Blackstone Sells Renton Hotel for $18M
A Hilton Garden Inn hotel was sold by a Blackstone Real Estate affiliated entity for $17.7 million. The buyer was… Read more
Former Chicago YMCA Redeveloped Into Lawson House Apartments
Holsten Development was joined by Chicago Mayor Brandon Johnson and city officials to celebrate the grand opening of an affordable… Read more
Blueprint Brokers Sale of Senior Housing Portfolio in Chicago Suburbs
Blueprint Healthcare Real Estate Advisors has negotiated the sale of three value-add senior housing communities in the western suburbs of… Read more
Streeterville Apartment Tower, Mixed-Use Development Opens
The Saint Grand, a co-development and joint venture between Mavrek Development, Double Eagle Development, Luxury Living, and GW Properties, began… Read more
Luxury Minneapolis Apartment Tower Welcomes Residents
A new luxury apartment tower in Minneapolis’ Downtown East neighborhood has opened. The 4th and Park Apartments, a 350-unit, mixed-use,… Read more
City Ventures to Break Ground on Townhome Redevelopment in Artesia
City Ventures, a builder of eco-forward, solar, all-electric homes, will break ground Wednesday on Eginhouse, a new live/work townhome redevelopment project… Read more
Barings Provides $78M Refi on Mission Valley Apartments
Barings said Tuesday that it had provided a $78-million loan to refinance The Townsend, a recently delivered, LEED Gold multifamily… Read more
Historic Boston Hotel Site Redevelopment Returns to Plan A
In a strategic move, developers Jas Bhogal and Thomas Calus have reapplied to the Boston Planning and Development Agency to… Read more
The Hampton Inn & Suites National Harbor Sold for $47M
The Hampton Inn & Suites National Harbor/Alexandria Area has been sold to Ashburn-based SAK Developers for $47 million. The hotel,… Read more
Industry Groups Challenge HUD on Changes to LIHTC Resident Criteria
A broad industry coalition on Tuesday challenged the U.S. Department of Housing and Urban Development’s (HUD) newly announced methodology for… Read more
Dallas Developer Plans Flip from Apartments to Hotel/Condos
Kaizen Development Partners worked out a deal with broadcaster KERA to build a 30-story apartment tower on the land owned… Read more
Phoenix Industrial Market Stays Hot
The Phoenix industrial market has stayed hot, with no signs of cooling off. Last quarter it delivered over 10 million… Read more
Creation Converting Tempe Call Center to Industrial Buildings
Creation has been given the okay by Tempe to tear down a former call center, and replace it with three… Read more
Brickell Hotel Changes Hands
The W Hotel Miami on Brickell Avenue has a new owner. The S. Florida Business News reports the BH Group… Read more
Related, GTIS Obtain $328M Brickell Construction Loan
Related Group and GTIS Partners have secured a $328 million construction loan to finance the development of Baccarat Residences Miami,… Read more