Saturday, April 11, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

DevelopmentMidwestOhioRetail

Topgolf Opens 65,000 SF Venue in Metro Cleveland

by Kristin Harlow

INDEPENDENCE, OHIO — Topgolf Entertainment Group has opened its newest Ohio location in the Cleveland area. The three-level, 65,000-square-foot venue will feature popular Topgolf games and technology as well as private event spaces. In addition to golf, guests will enjoy a chef-driven menu, drinks, big screen TVs and music. The Cleveland location is situated at 5820 Rockside Woods Blvd. More than 500 full- and part-time associates were hired in advance of the property’s opening. Topgolf also has locations in Columbus and Cincinnati.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMidwestMissouriRetail

NorthMarq Arranges $12M Refinancing for Retail Center in Chesterfield, Missouri

by Kristin Harlow

CHESTERFIELD, MO. — NorthMarq has arranged a $12 million loan for the refinancing of Hilltown Village Center in Chesterfield, a western suburb of St. Louis. Anchored by Schnucks grocery store, the 141,889-square-foot retail center is located at 101 Hilltown Village Center. Jeff Chaney of NorthMarq arranged the 15-year, fixed-rate loan on behalf of the borrower, RIJO Inc. A life insurance company provided the loan, which is amortized over 25 years.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Kiser Group Brokers Sale of 128-Unit Apartment Property in Aurora, Illinois

by Kristin Harlow

AURORA, ILL. — Kiser Group has brokered the sale of 2000 Illinois, a 128-unit apartment property in Aurora. The sales price was undisclosed, but the cap rate was 5.64 percent. Constructed in 1973, the property includes parking and an outdoor pool. In 2014, the seller entered into a land use restriction agreement with the Illinois Housing Development Authority that stipulated 25 percent of the units be income-restricted to 60 percent of the area median income for a 10-year period. Matt Halper and Danny Mantis of Kiser represented the undisclosed buyer and seller.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilyTexas

Fein to Develop 332-Unit Apartment Community at Springwoods Village in Metro Houston

by Taylor Williams

SPRING, TEXAS — Locally based developer Fein has acquired 17.4 acres in the northern Houston suburb of Spring for the development of The Canopy at Springwoods Village, a 332-unit apartment community. The property will be located within the 2,000-acre Springwoods Village mixed-use development, which is situated at the confluence of Interstate 45, Hardy Toll Road and the Grand Parkway. Designed by Steinberg Dickey Collaborative, the community will offer one-, two- and three-bedroom units ranging in size from 552 to 1,705 square feet. Unit interiors will feature stone countertops, tile backsplashes, custom cabinetry, stainless steel appliances and full-sized washers and dryers. Amenities will include a clubroom with a golf simulator and billiard and ping pong tables, a fitness center with yoga and spin studios, pool with tanning ledges and cabanas and a 1.5-acre lake with surrounding walking trails. The groundbreaking is scheduled for January 2020, and completion is slated for the fourth quarter of 2021.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyTexas

Truist Provides $39.1M Fannie Mae Acquisition Loan for Dallas Apartment Community

by Taylor Williams

DALLAS — Truist Financial Corp., the entity formed by the merger of BB&T and SunTrust, has provided a $39.1 million Fannie Mae acquisition loan for Reserve at White Rock, a 312-unit apartment community in Dallas. The Class A property was built in 2000 in multiple phases and offers one-, two- and three-bedroom units. Amenities include a pool, fitness center, social area with a lounge and kitchen, theater room, business center, outdoor grilling stations, conference room and a jogging trail. Evan Hom of Truist originated the loan, which carries a 10-year term, four years of interest-only payments and a 30-year amortization schedule, on behalf of a New York-based private equity firm. Reserve at White Rock was 95 percent occupied at the time of the loan closing.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilySeniors HousingTexas

Amtex Multi-Housing Breaks Ground on 225-Unit Seniors Housing Project in Austin

by Taylor Williams

AUSTIN, TEXAS — Amtex Multi-Housing LLC has broken ground on Limestone Ridge Senior Apartments, a 225-unit affordable housing project in Austin for seniors earning 60 percent or less of the area median income. Slated to be complete in fall 2021, the community will offer 223 one- and two-bedroom units plus a pair of two-bedroom units allocated for onsite managers. Amenities will include a resident clubhouse, pool, walking trails and a community garden.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Meritex Acquires 84,080 SF Industrial Complex Near DFW Airport in Irving

by Taylor Williams

IRVING, TEXAS — The Meritex Co. has acquired Jetstar 114 Business Center, a three-building industrial complex totaling 84,080 square feet in Irving. Developed in 1999 by Jackson-Shaw, the buildings are situated adjacent to Dallas-Fort Worth (DFW) International Airport and feature 18-foot clear heights and both dock-high and drive-in loading platforms. The property was fully occupied at the time of sale. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Supply Chain Operator Signs 62,261 SF Industrial Lease in Northwest Houston

by Taylor Williams

HOUSTON — JUSDA Supply Chain Management Corp. has signed a 62,261-square-foot industrial lease in northwest Houston. The company will occupy Building 1 at 8801 Fallbrook Drive, which is owned by Liberty Property LP. Joshua Brown and Reggie Beavan III of Newmark Knight Frank represented the tenant in the lease negotiations.

Continue Reading
FacebookTwitterLinkedinEmail
Tuscany-Village-Center-Greenwood-Village-CO
AcquisitionsColoradoOfficeWestern

PCCP Provides $51M Acquisition Loan for Tuscany Village Center Office Asset in Metro Denver

by Amy Works

GREENWOOD VILLAGE, COLO. — PCCP has provided a $51 million senior loan to America’s Capital Partners for the acquisition of Tuscany Village Center, an office property located at 6312 S. Fiddlers Green Circle in Greenwood Village within Denver’s Fiddler’s Green submarket. The seller, a local real estate investment firm, acquired the asset in 2016 and invested more than $6 million in renovations, including improvements to the atrium and common areas. At the time of sale, the property was 97 percent leased with stable cash flow from a rent roll of high-quality tenants with staggered lease expirations. Built in 1989 on 8.6 acres, the 257,875-square-foot Tuscany Village consists of two six-story towers connected by an open-space atrium lobby. Additionally, the property includes a three-level structured parking garage, an outdoor seating area with public Wi-Fi, a fitness center with locker rooms and showers, and a conference room facility.

Continue Reading
FacebookTwitterLinkedinEmail
Revival-Biltmore-Phoenix-AZ
AcquisitionsArizonaMultifamilyWestern

CBRE Arranges $31.2M Sale of Revival Biltmore Apartments in Phoenix

by Amy Works

PHOENIX — CBRE has brokered the sale of Revival Biltmore, a multifamily property located in Phoenix. LP.PBV-2911 East Indian School Road LLC acquired the asset from an undisclosed seller for $31.2 million in an all-cash transaction. Located at 2911 E. Indian School Road, Revival Biltmore features studio, one-, two- and three-bedroom units with modern amenities, including upgraded cabinets, flooring and fixtures, as well as stainless steel appliances. Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke of CBRE’s Phoenix office represented the buyer and seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts