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International Trade Creating New Opportunities in Industrial Real Estate
News 7 hours ago
International Trade Creating New Opportunities in Industrial Real Estate

New demand for industrial real estate is emerging as international trade continues to morph in response to various trends, according to the 2020...

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NYC Cancels Large-Scale Events Through Sept. 30
News 8 hours ago
NYC Cancels Large-Scale Events Through Sept. 30
Source Connect Media

Large events requiring a city events permit will be canceled through Sept. 30 as the city works to prioritize open spaces for public use, Mayor...

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Riverwalk Resumes Normal Operating Hours
News 8 hours ago
Riverwalk Resumes Normal Operating Hours
Source Connect Media

Chicago’s Riverwalk returned to normal operating hours on Friday, opening for both recreation and business from 6 a.m. to 11 p.m. Vendors will also...

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Clune Construction Promotes 5 to VP in Chicago
News 8 hours ago
Clune Construction Promotes 5 to VP in Chicago
Source Connect Media

Clune Construction has promoted five team members in its Chicago office to VP. Among them, they have 114 years’ construction experience. They...

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Carmel Partners Delays Preleasing for Cumulus Tower
News 8 hours ago
Carmel Partners Delays Preleasing for Cumulus Tower

The Cumulus, one of the region's most anticipated projects, will start preleasing Sept. 1 for the ARQ, the project's 31-story multifamily building....

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Clients Turn to JLL for Workplace Safety Process
News 8 hours ago
Clients Turn to JLL for Workplace Safety Process

How to safely return employees to the office is a topic on many minds. Jones Lang LaSalle Inc., one of the largest brokerages in the world, is...

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Sharp Drop in Office Leases Raises Concern
News 8 hours ago
Sharp Drop in Office Leases Raises Concern

The pandemic took a huge toll on office leasing in Los Angeles County in the second quarter. Activity plunged 52%compared to the first quarter of...

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Koreatown Luxury Project Secures $15 Million Loan
News 8 hours ago
Koreatown Luxury Project Secures $15 Million Loan

A project in Koreatown has received a $15.2 million construction loan. The project, which is expected to be completed in June 2022, is being...

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Brasa Capital Closes $100 Million Credit Vehicle
News 8 hours ago
Brasa Capital Closes $100 Million Credit Vehicle

Century City-based Brasa Capital Management has closed its first credit vehicle, Brasa Credit I, allowing the company to provide up to $100 million...

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Pembrook Finances Staten Island Apartment Buy
News 8 hours ago
Pembrook Finances Staten Island Apartment Buy
Source Connect Media

Pembrook Capital Management LLC is providing a $12.4-million loan for the acquisition and rehabilitation of 100 Belmont Pl. and 101 Daniel Low Terr...

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Counselors of Real Estate See Sweeping Changes in Space Use Ahead
News 8 hours ago
Counselors of Real Estate See Sweeping Changes in Space Use Ahead
Source Connect Media

Many new space-related ideas, solutions and procedures have been born through the COVID-19 pandemic and will remain a part of society even after...

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Killeen Storage Facility Trades in 1031 Exchange
News 8 hours ago
Killeen Storage Facility Trades in 1031 Exchange
Source Connect Media

Sperry Commercial’s Joe Garrett arranged the sale of The Attic Self Storage, a 45,100-square-foot facility in Killeen. The sale price wasn’t...

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Stonemont Launches Spec Build in McKinney
News 8 hours ago
Stonemont Launches Spec Build in McKinney
Source Connect Media

Stonemont Financial Group recently began construction on two Class A industrial buildings in McKinney, marking the firm’s second venture in the...

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Landmarked Bronx Church Files Plans for MXU
News 8 hours ago
Landmarked Bronx Church Files Plans for MXU
Source Connect Media

Saint James Episcopal Church in the Bronx has filed plans with the New York City Department of Buildings for a 102-unit mixed-use project, Crain’s...

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CBRE Arranges $24M to Refi 142-Unit Affordable Housing Community in Vail
News 8 hours ago
CBRE Arranges $24M to Refi 142-Unit Affordable Housing Community in Vail
Source Connect Media

Denver-based Coughlin & Company secured a $23.52-million loan to refinance Middle Creek Village, a 142-unit multifamily property in Vail, CO. The...

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Ready Capital Completes $609M of Securitizations
News 8 hours ago
Ready Capital Completes $609M of Securitizations
Source Connect Media

Ready Capital Corporation completed two commercial real estate loan securitizations, totaling $609 million, in the second quarter. Proceeds were...

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Shutdown Hits Some Chicago CRE Sectors Harder Than Others
News 8 hours ago
Shutdown Hits Some Chicago CRE Sectors Harder Than Others
Source Connect Media

A regional roll call of Chicago’s commercial real estate sectors finds all feeling the impact of the economic shutdown amid the COVID-19 pandemic....

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Greenlight Communities Breaks Ground on 244-Unit MF in Mesa
News 8 hours ago
Greenlight Communities Breaks Ground on 244-Unit MF in Mesa
Source Connect Media

Scottsdale-based Greenlight Communities broke ground on Cabana on Power, a 244-unit multifamily development in Mesa. The site is located at 6151 S...

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Ziegler Provides $111M Financing on Austin Retirement Facility
News 8 hours ago
Ziegler Provides $111M Financing on Austin Retirement Facility
Source Connect Media

Boutique investment bank Ziegler recently closed on $110,875,000 Series 2020 Bank Bonds to finance an expansion at Westminster. The property is a...

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Q&A with Evergreen’s Steve Rappin on Managing a Multifamily Portfolio in a Pandemic
News 8 hours ago
Q&A with Evergreen’s Steve Rappin on Managing a Multifamily Portfolio in a Pandemic
Source Connect Media

By Paul Bubny For Chicago-based Evergreen Real Estate Group, the onset of the COVID-19 pandemic meant rapid adjustment to an unprecedented set of...

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Builderz Warehouse Breaks Ground on Phoenix Distribution Center
News 8 hours ago
Builderz Warehouse Breaks Ground on Phoenix Distribution Center
Source Connect Media

Builderz Warehouse is expanding its footprint in Phoenix with a new $5-million distribution center. The 40,000-square-foot facility will be built...

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Oil Field Supplier Inks Tomball Lease
News 8 hours ago
Oil Field Supplier Inks Tomball Lease
Source Connect Media

Lee & Associates – Houston represented Epic International, LLC in the lease of a 11,375-square-foot industrial property at 21227 Hufsmith-Kohrville...

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MedCore, TNRG Buy Seven-Market Seniors Housing Portfolio
News 8 hours ago
MedCore, TNRG Buy Seven-Market Seniors Housing Portfolio
Source Connect Media

Dallas-based MedCore Partners and Houston-based The National Realty Group, together with BMO Harris Bank and Locust Point Capital, acquired a 582...

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JVM Makes First St. Louis Acquisition
News 8 hours ago
JVM Makes First St. Louis Acquisition
Source Connect Media

JVM Realty Corp. recently acquired Ceylon Apartments, a boutique, luxury multifamily property in the St. Louis suburb of Clayton, MO, for an...

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Manhattan Investment Sales Take Steep Plunge in Q2
News 8 hours ago
Manhattan Investment Sales Take Steep Plunge in Q2
Source Connect Media

Manhattan saw an unprecedented halt in investment sales activity in the second quarter due to COVID-19, reaching its lowest level since Q3 2009,...

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Houston Office Vacancies Rise on Negative Absorption
News 8 hours ago
Houston Office Vacancies Rise on Negative Absorption
Source Connect Media

The exact numbers may vary, but second-quarter Houston office reports from NAI Partners, Madison Marquette and Colliers International are in...

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W&D Arranges Financing on Senior Care Facilities in IL, KY
News 8 hours ago
W&D Arranges Financing on Senior Care Facilities in IL, KY
Source Connect Media

Walker & Dunlop recently structured $10,744,000 in financing for Landmark of Laurel Creek, a 106-bed skilled nursing facility in Manchester, KY,...

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Onni Updates Design Plan for Times Mirror Square Redevelopment in L.A.
News 8 hours ago
Onni Updates Design Plan for Times Mirror Square Redevelopment in L.A.
Source Connect Media

Vancouver, Canada-based developer Onni Group updated its designs for Times Mirror Square, a proposed mixed-use high-rise development on a 3.6-acre...

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Whataburger Plans Expansion to New Markets with New Look
News 8 hours ago
Whataburger Plans Expansion to New Markets with New Look
Source Connect Media

San Antonio-based fast-food chain Whataburger said it would expand into new markets, starting with locations in Tennessee and Kansas City. The...

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Forrester Research Joins Merritt 7 Tenant Roster
News 8 hours ago
Forrester Research Joins Merritt 7 Tenant Roster
Source Connect Media

Forrester Research will soon occupy approximately 24,000 square feet at Merritt 7, a six-building, 1.4-million-square-foot office park owned by...

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