Pittsburgh
CMBS Loan Delinquencies Tick Upward for Third Consecutive Month
CMBS loans rated by Kroll Bond Rating Agency (KBRA) saw an eight-basis point increase in delinquencies during December 2022. The… 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
Tishman Speyer, Mitsui Fudosan JV for Industrial Development, Acquisitions
Tishman Speyer and Mitsui Fudosan America (MFA) have formed a new programmatic joint venture dedicated to the acquisition, development, redevelopment and… Read more
Easterly Government Properties Nears Full Disposition of 10-Property Portfolio for $205M
Washington, DC-based Easterly Government Properties, Inc. — a real estate investment trust focused primarily on the acquisition, development and management… Read more
Apple Hospitality REIT Spends $85M for Marriott Hotels in Louisville, Pittsburgh
Richmond, VA-based Apple Hospitality REIT, Inc., has acquired the AC Hotel by Marriott Louisville Downtown in Louisville, KY for $51… Read more
AC Hotel by Marriott Louisville Downtown Sells to Apple Hospitality REIT for $51M
Richmond, VA-based Apple Hospitality REIT, Inc., has acquired the AC Hotel by Marriott Louisville Downtown in Louisville, KY for $51… Read more
Puttshack Completes $150M Growth Round with Blackrock Funds
Chicago-based Puttshack, an upscale tech-infused mini golf experience with global food and beverage, has completed a $150-million growth capital round… Read more
Pearlmark Provides Mezz Loan for Pittsburgh Multifamily Acquisition
Chicago-based Pearlmark closed on a high-yield investment for the acquisition of Lawrenceville Apartment Assemblage, a 59-unit multifamily real estate property… Read more
Nuveen Global Cities REIT Adds 10 U.S. Healthcare Properties for $300M
Nuveen Global Cities REIT, Inc. (GCREIT) recently closed on the acquisition of a 10-building healthcare portfolio in the Atlanta, Pittsburgh,… Read more
Alternative Asset Classes Prove to be an Attractive Haven for Capital
A recent capital markets report from Colliers finds that alternative assets, once on the periphery of commercial real estate investors’… Read more
Sealy & Co. Expands into Two New Markets, Des Moines and Pittsburgh
Dallas-based industrial real estate specialist Sealy & Company has entered into two back-to-back transactions totaling 369,812 square feet of Class… Read more
Life Sciences Growth Extends Beyond the Coastal Research Hubs
A new analysis from CBRE identifies the 25 top U.S. life sciences labor markets, ranging from established hotbeds like Boston to emerging hubs like… Read more
Tishman Speyer to Lead Redevelopment of Massive Hazelwood Green in Pittsburgh
In one the nation’s largest urban redevelopment efforts ever, global developer Tishman Speyer has been chosen as master developer for… Read more
Report: Austin Ranks as 4th Most Popular Metro for Millennial Homebuyers
A recent report from LendingTree found that Austin ranked as the 4th most popular metro in the nation for millennial… 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
Highwoods, Brand Properties JV to Develop $79M Office in Buckhead
Highwoods Properties, Inc., and Brand Properties, LLC have formed a joint venture to construct 2827 Peachtree, a 135,000-square-foot, multi-customer office… Read more
With Emerging Energy Sources Come Emerging Energy Hubs
As renewables and alternative sources grow their share in the mix of total energy production, new real estate hub markets… 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
Billion-Dollar Disasters Spur Mitigation Funding
The announcement this week that the de Blasio administration would allocate $110 million to addressing sea-level rise and storm surge that together pose a threat… Read more