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$94M David Whitney Building Redevelopment Brings Apartments, Hotel to Detroit...
By Eliza Theiss, Associate Editor David Whitney Building Historic Atrium The redevelopment of Detroit landmark The David Whitney Building is complete. Following an investment of $94.5 million, the now...
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Fillmore Center Awarded Repositioned Property of the Year by San Francisco...
By Alex Girda, Associate Editor The Fillmore Center in San Francisco was recently honored by the San Francisco Apartment Association. Laramar Management Services LLC, a subsidiary of the Laramar Group,...
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LTC Properties Opens 48-bed Memory Care Community in Aurora
By Eliza Theiss, Associate Editor Willowbrook Place Senior housing and health care property REIT LTC Properties has announced the opening of the $9.8 million Chelsea Place, a 48-unit memory care...
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Centennial Snaps Up Mount Juliet Community for $47.75M
By Eliza Theiss, Associate Editor Century Providence The former Aventura at Providence apartment community in Mount Juliet has joined Centennial Holding Co.’s portfolio. Renamed Century Providence, the...
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Bruno Picks Up Algiers Commercial Centers, Plans Further Development
By Eliza Theiss, Associate Editor Galridge Center II Joshua Bruno has been making quite the splash in the New Orleans real estate market, and especially Algiers. Last year, it snapped up several...
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SPOTLIGHT ON PHILADELPHIA: Euro Fashion Retailer Expands in U.S. with Sizable...
By Veronica Grecu, Associate Editor A European fashion retailer looking to expand overseas has officially entered the US market by leasing a 40-acre site in Pennsylvania’s Lehigh Valley industrial...
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BH Properties Buys Addison Complex, Plans Makeover
By Alex Girda, Associate Editor BH Properties has acquired the Addison Complex, an industrial facility from the VanMeetren Family Limited Partnership in a $2.8 million deal. Located at 5265-5685...
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Associa Brings Its Community Management Services to Tucson
By Balazs Szekely, Associate Editor Community association management firm Associa recently launched Associa Arizona. The newest location was opened in Tucson, on Jan. 26. Dallas, Texas-based Associa...
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Tempe Building Sets New ENERGY STAR Record
By Liviu Oltean, Associate Editor U.S. Airways Corporate Headquarters The U.S. Environmental Protection Agency has awarded the U.S. Airways/American Airlines building in Tempe its 15th consecutive...
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NorthMarq Refinances Five Bruno Apartment Communities
By Eliza Theiss, Associate Editor Riverview Apartments NorthMarq Capital’s Miami office has arranged refinancing for a New Orleans multifamily portfolio owned by Bruno Inc. through its affiliation with...
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Executive Spotlight: Gary Shaw, Arcadia Management Group
By Leah Etling, Contributing Writer Gary Shaw is the kind of real estate executive you want to bring to a backyard barbecue. He’s a self-deprecating family guy, who jokes that he was “suckered” into...
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4000 MacArthur Office Project in Newport Beach Trades Hands
By Alex Girda, Associate Editor A large office asset in Newport Beach was recently acquired by Hines for an undisclosed amount. The buyer worked with a subsidiary of a fund managed by Oaktree Capital...
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Veer Towers Hits $100M Milestone
By Alex Girda, Associate Editor Veer Towers recently hit a major milestone when the company marketing the condominiums at the CityCenter complex surpassed the $100 million mark in sales. Since assuming...
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Eller Capital Partners Acquires Value-Add Opportunity in Chapel Hill for $3.6M
by Adriana Pop, Associate Editor Eller Capital Partners has recently acquired the Colonial Arms Apartments on Hillsborough Street in Chapel Hill. The company paid $3.6 million for the 41-unit...
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Blackstone Buys Farms at Cool Springs for $82M
By Eliza Theiss, Associate Editor Farms at Cool Springs As yet another testimony to Nashville’s booming apartment market, the world’s largest real estate private equity firm, The Blackstone Group, just...
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JLL Wins Gargantuan Industrial Portfolio Management Assignment
Brenda Crisp JLL just landed a big one. The commercial real estate services firm has been selected by IDI Gazeley Brookfield Logistics Properties to manage a 47 million-square-foot portfolio of...
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Laurus Corp. Sells Repositioned Holiday Inn Express for $15.8M
By Eliza Theiss, Associate Editor Holiday Inn Express & Suites New Orleans Airport South Real estate investment and development firm Laurus Corp. has announced the $15.3 million sale of the Holiday...
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188-Key Aloft New Orleans Downtown Opens in Adaptive Reuse Project
By Eliza Theiss, Associate Editor Aloft New Orleans Downtown & The Strand Starwood Hotels & Resorts Worldwide Inc. announced the opening of the 188-key Aloft New Orleans Downtown, marking...
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Brackett, USAA RealCo Form Healthcare-Property Focused JV
By Keith Loria, Contributing Editor USAA Real Estate Co. and Brackett Flagship Properties have entered into a joint venture to acquire, develop, manage and lease healthcare-sector properties throughout...
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Waramaug LS Hotels Acquires 137-Key Doubletree Suites in Carmel
By Adriana Pop, Associate Editor The 137-key Doubletree Suites by Hilton Hotel in Indianapolis-Carmel has a new owner. Waramaug LS Hotels of Boca Raton, Fla. has recently purchased the three-story...
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