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4-Hospital Merger on South Side is Called Off
News 6 days ago
4-Hospital Merger on South Side is Called Off
Source Connect Media

Four South Side hospitals have called off plans to combine into a new system after state lawmakers failed to set aside funding for the project, the...

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REBNY, CUNY Partner on Virtual Internships
News 6 days ago
REBNY, CUNY Partner on Virtual Internships
Source Connect Media

The Real Estate Board of New York (REBNY), the City University of New York (CUNY) and Project Destined launched a paid, five-week virtual summer...

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CBRE Duo Will Spearhead Expansion Program for AAMCO
News 6 days ago
CBRE Duo Will Spearhead Expansion Program for AAMCO
Source Connect Media

AAMCO Transmissions and Total Car Care has retained CBRE to create and execute an expansion program throughout the country. CBRE’s East Brunswick,...

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Philip Miller Joins Greystone in Proptech Strategy Role
News 6 days ago
Philip Miller Joins Greystone in Proptech Strategy Role
Source Connect Media

Philip Miller has joined Greystone as a managing director in a newly-created role focused on developing proptech strategies across its unified...

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Caddis Names New Managing Partner
News 6 days ago
Caddis Names New Managing Partner
Source Connect Media

Dallas-based Caddis Healthcare Real Estate named COO Lance M. Hardenburg as the managing partner and CEO of the company. The healthcare investment...

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TX Factory Activity Declines Again, But at Slower Pace
News 6 days ago
TX Factory Activity Declines Again, But at Slower Pace
Source Connect Media

Texas factory activity declined again in May, though at a slower pace than in April, according to the Texas Manufacturing Outlook Survey, released...

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Jones Multifamily Plans MXU Development in Tempe’s Eastline Village
News 6 days ago
Jones Multifamily Plans MXU Development in Tempe’s Eastline Village
Source Connect Media

Jones Multifamily, LLC is seeking to develop a more than 200,000-square-foot mixed-use project on a four-acre site in Tempe’s Eastline Village....

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McKinstry launches “Return with Confidence” Service to Prepare Buildings for Reopening
News 6 days ago
McKinstry launches “Return with Confidence” Service to Prepare Buildings for Reopening
Source Connect Media

By Dennis Kaiser Workplaces and businesses across the country are turning an eye toward reopening buildings and facilities following COVID-19 shut...

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California Governor Continues to Transition Stay-Home Orders with New Modifications
News 6 days ago
California Governor Continues to Transition Stay-Home Orders with New Modifications
Source Connect Media

California Governor Gavin Newsom issued new guidance on Tuesday that allows barbershops and hair salons to immediately reopen in counties already...

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Decron Acquires MF Community in Fremont, CA for $72M
News 6 days ago
Decron Acquires MF Community in Fremont, CA for $72M
Source Connect Media

Decron Properties acquired Rancho Luna Sol, a 188-unit multifamily community in Fremont, CA, for $71.5 million. This is Decron’s first acquisition...

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SRS Real Estate Partners Expands into Las Vegas
News 6 days ago
SRS Real Estate Partners Expands into Las Vegas
Source Connect Media

SRS Real Estate Partners expanded its team with the addition of Frank Volk as managing principal. He will lead SRS’ twenty-seventh office and...

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Able Services’ Kelly on Vital Role Cleaning Coalition of America Now Plays
News 6 days ago
Able Services’ Kelly on Vital Role Cleaning Coalition of America Now Plays
Source Connect Media

By Dennis Kaiser San Francisco-based Able Services joined with six other organizations in the contract cleaning sector to establish the Cleaning...

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Dwight Capital Provides $102M Acquisition Financing for Maryland MF Portfolio
News 6 days ago
Dwight Capital Provides $102M Acquisition Financing for Maryland MF Portfolio
Source Connect Media

Dwight Capital has provided $102.2 million in HUD 223(a)(7) loans for a portfolio of four market-rate apartment complexes in Maryland. Daniel Malka...

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American Hotel & Lodging Association Introduces Industry-Wide Cleaning Guidelines
News 6 days ago
American Hotel & Lodging Association Introduces Industry-Wide Cleaning Guidelines
Source Connect Media

The Washington D.C.-based American Hotel & Lodging Association has introduced Safe Stay, the association’s enhanced industry-wide cleaning...

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Kimco Reduces Stake in Albertsons
News 1 week ago
Kimco Reduces Stake in Albertsons
Source Connect Media

Kimco Realty Corp. will partially monetize its investment in Albertsons Companies Inc. in conjunction with Albertsons’ $1.75-billion sale of...

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NMHC Says Renters Keep Paying, But Warns of Ongoing Hardships
News 1 week ago
NMHC Says Renters Keep Paying, But Warns of Ongoing Hardships
Source Connect Media

The National Multifamily Housing Council (NMHC)’s latest Rent Payment Tracker found 90.8% of apartment households made a full or partial rent...

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Hudson Valley on Track to Begin Reopening; LI May Be Next
News 1 week ago
Hudson Valley on Track to Begin Reopening; LI May Be Next
Source Connect Media

Gov. Andrew Cuomo said Saturday that New York City’s northern suburbs in the Mid-Hudson Valley were on track to begin reopening on Tuesday, and...

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Calare Acquires 25K-SF Industrial Facility in Stoneham
News 1 week ago
Calare Acquires 25K-SF Industrial Facility in Stoneham
Source Connect Media

Calare Properties has acquired 95 Maple Street, a five-acre industrial facility with a 23,000-square-foot warehouse and a 2,200-square-foot garage...

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GID Signs Luxury Wine Store to Waterline Square
News 1 week ago
GID Signs Luxury Wine Store to Waterline Square
Source Connect Media

Somm Cellars Wine & Spirits, a luxury wine store concept from renowned sommeliers Jason Jacobeit and Daniel Jung, has signed a retail lease at GID...

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Staten Island Ferry Restored to Half-Hourly Service
News 1 week ago
Staten Island Ferry Restored to Half-Hourly Service
Source Connect Media

Calling it a sign things are moving in the right direction, New York City Mayor Bill de Blasio said Thursday that half-hourly service would be...

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Lawmakers Remove Hurdle to Financing a Chicago Casino
News 1 week ago
Lawmakers Remove Hurdle to Financing a Chicago Casino
Source Connect Media

In a special session that also saw passage of a state budget, the Illinois Legislature voted over Memorial Day weekend to change the tax structure...

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CBRE Arranges $25M Sale of Westford Office Property
News 1 week ago
CBRE Arranges $25M Sale of Westford Office Property
Source Connect Media

CBRE has brokered the $25 million sale of 3 & 5 Carlisle Road, a 167,881-square-foot corporate center in Westford. The facility is currently fully...

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West Loop Apartments Trade at $508K Per Unit
News 1 week ago
West Loop Apartments Trade at $508K Per Unit
Source Connect Media

Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the West Loop. The 18-unit building at 25 N. Bishop St....

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Two Tenants Expands at Hunt Midwest’s SubTropolis
News 1 week ago
Two Tenants Expands at Hunt Midwest’s SubTropolis
Source Connect Media

Less than a year after locating in Hunt Midwest’s SubTropolis in Kansas City, MO, pharmaceutical company Nostrum Laboratories and online retailer...

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Walker & Dunlop Structures $10M Construction Loan for Hebrew Home Redevelopment
News 1 week ago
Walker & Dunlop Structures $10M Construction Loan for Hebrew Home Redevelopment
Source Connect Media

Walker & Dunlop has structured $10.1 million in construction financing for Spring Flats, the redevelopment of a historic property known as The...

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Ryman Cancels $275M Deal for Block 21 in Austin
News 1 week ago
Ryman Cancels $275M Deal for Block 21 in Austin
Source Connect Media

Citing the economic environment resulting from the COVID-19 pandemic, Ryman Hospitality Properties walked away from its $275-million agreement to...

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LPC Promotes Kirchmeyer to EVP of Mid-Atlantic
News 1 week ago
LPC Promotes Kirchmeyer to EVP of Mid-Atlantic
Source Connect Media

Multifamily developer and manager Lincoln Property Co. (LPC) has promoted Mark Kirchmeyer to Executive Vice President in the company’s Mid-Atlantic...

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Hunt Tops Off on El Paso’s WestStar Tower
News 1 week ago
Hunt Tops Off on El Paso’s WestStar Tower
Source Connect Media

Hunt Companies recently topped off construction of WestStar Tower in downtown El Paso, nearly two years after the groundbreaking on what will be...

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Embrey Secures Construction Debt for North Austin Apartments
News 1 week ago
Embrey Secures Construction Debt for North Austin Apartments
Source Connect Media

Embrey Partners has secured an undisclosed amount of financing from Vantage Bank to build 304 rental apartments in North Austin, near downtown and...

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Kiser Markets Condo Deconversion in Old Town
News 1 week ago
Kiser Markets Condo Deconversion in Old Town
Source Connect Media

LaSalle Towers, a residential condominium property at 1211 N. LaSalle Dr. in the North Side’s Old Town neighborhood, has been brought to market by...

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