Friday, August 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

CivicSoutheast

FIRST PROJECT UNDER WAY AT ST. ELIZABETHS EAST CAMPUS

by admin

WASHINGTON, D.C. — Ground has broken for the first project at St. Elizabeths East Campus, a 183-acre campus located in southeastern Washington, D.C. The Gateway Pavilion will be a $5 million outdoor space that will provide venues for casual dining, a farmers market, and cultural and entertainment events while the rest of the campus is under development. The D.C. Office of Planning & Economic Development has proposed several adaptive reuse projects for Phase I of St. Elizabeths including: 500,000 square feet dedicated to academic and innovation-minded companies; a 400,000-square-foot, mixed-use town center; approximately 100,000 square feet of trophy office space; and civic space.

Continue Reading
FacebookTwitterLinkedinEmail
MultifamilySoutheast

FORUM AWARDED APARTMENT DESIGN PROJECT

by admin

CLERMONT, FLA. — Altamonte Springs, Fla.-based Forum Architecture & Interior Design has been selected to design Phase II of The Glen at Cagan Crossings. The project will add six three-story buildings to the Clermont multifamily community, bringing its total to 792. Forum also designed Phase I of The Glen at Cagain Crossings. Phase II construction will begin this fall. The Glen is part of the Cagan Crossings mixed-use community, which contains retail, restaurants and residences. Cagan Management Group is its owner and developer.

Continue Reading
FacebookTwitterLinkedinEmail
MultifamilySoutheast

GRANDBRIDGE SECURES $13.59M MULTIFAMILY LOAN

by admin

DECATUR, GA. — The Atlanta office of Grandbridge Capital has arranged $13.59 million in acquisition and bridge financing for two apartment properties located in the Atlanta suburb of Decatur. The two garden-style communities total 332 units and are named Birch Grove Apartments and Sycamore Chase Apartments. Tom Walsh secured the financing on behalf of the undisclosed borrower, which intends to undertake a major renovation project.

Continue Reading
FacebookTwitterLinkedinEmail
MultifamilySoutheast

COCKE FINKELSTEIN COMPLETES LANE COMPANY ACQUISITION

by admin

ATLANTA — Cocke Finkelstein has completed its previously announced acquisition of the assets of Lane Co. The combined company, named CFLane, now has 30,000 multifamily units under management in the Southeast, Midwest and Texas. CFLane will remain headquartered in Atlanta. Cocke Finkelstein co-founders Byron Cocke and Brett Finkelstein now serve as co-CEOs, and Lane Co. founder George Lane serves as chairman of the board.

Continue Reading
FacebookTwitterLinkedinEmail
MidwestMixed-Use

$15M REDEVELOPMENT UNDERWAY IN SPRINGFIELD, MO.

by admin

SPRINGFIELD, MO. — Dalmark Development Group has plans to invest $15 million into the downtown Springfield Heer's building to convert the former department store into a mixed-use property. Jim Nichols, co-owner of Heer's Luxury Living and CEO of Dalmark Development Group, says while many of the details have yet to be ironed out, renovation plans include adding up to 90 market-rate rental apartments and 8,000 to 12,000 square feet of ground-floor retail space. Heer's Luxury Living LLC purchased the building from real estate investment group E and J HIDC LLC for an undisclosed amount. E and J HIDC LLC bought the building at an April 22 foreclosure auction for $960,000. Shawnee, Kan.-based Straub Construction Co. Inc. is serving as general contractor. The design team from St. Louis-based Rosemann and Associates will be led by Drury University graduate Jarret Cooper. Zac Nichols, a graduate of Missouri State University, is Dalmark's project manager. Construction is anticipated to take 12 to 14 months with an opening within the next 24 months.

Continue Reading
FacebookTwitterLinkedinEmail
MidwestRetail

MARCUS & MILLICHAP BROKERS $2.4M SALE OF RITE AID IN OHIO

by admin

WAVERLY, OHIO — Marcus & Millichap Real Estate Investment Services has arranged the sale of a 10,752-square-foot Rite Aid, located at 501 E. Emmit Ave. in Waverly for $2.4 million. Preet Sabharwal of Marcus & Millichap’s Manhattan office and Chris Thomson of Marcus & Millichap’s Ohio office represented the seller, a private investor. Michael Glass, also of Marcus & Millichap’s Ohio office, assisted in closing this transaction.

Continue Reading
FacebookTwitterLinkedinEmail
MidwestMultifamily

ANDOVER APARTMENTS IN TOLEDO SELLS FOR $3.7M

by admin

TOLEDO, OHIO — Commercial Property Advisors (CPA) has arranged the sale of the Andover Apartments in Toledo. The property’s occupancy rate was 82 percent at closing. Cary Belovicz of CPA’s Midwest office arranged the transaction between the seller, LB-RPR I Asset Holdings LLC, and the buyer, Andover Toledo LLC. CPA’s Midwest office deals exclusively in investment sales throughout the Midwest.

Continue Reading
FacebookTwitterLinkedinEmail
MidwestOffice

ATI LEASES 3,300 SQUARE FEET IN ILLINOIS

by admin

NORTHBROOK, ILL. — The Athletic and Therapeutic Institute of Naperville LLC (ATI) has signed a lease for 3,300 square feet at the Willow Festival Annex, located at 1122 Willow Road in Northbrook. ATI was founded in 1996 as a rehabilitation facility focused on capacity evaluations and work conditioning for worker’s compensation patients. Both Joe Parrot and Michael Gold of CRBE represented the landlord, IOFII Willow JV LLC, in this transaction.

Continue Reading
FacebookTwitterLinkedinEmail
MidwestRetail

MID-AMERICA REAL ESTATE REPRESENTS CVS IN 5,800 SF LEASE

by admin

ST. CLAIRE SHORES, MICH. — Mid-America Real Estate-Michigan, Inc. has arranged a 5,800-square-foot lease in a shopping center at 31240 Harper Avenue in St. Claire Shores. C.C. Roberts and Brad Rosenberg of Mid-America Real Estate-Michigan Inc. represented the landlord, CVS/pharmacy, in this transaction. The new tenant is Second Glance, one of the largest privately owned resale shops in Metro Detroit.

Continue Reading
FacebookTwitterLinkedinEmail
MultifamilyNortheast

CDT, PROTO ACQUIRE OCEAN TOWERS IN CONEY ISLAND

by admin

NEW YORK CITY — The Community Development Trust (CDT) has partnered with Proto Property Services (Proto) to acquire and rehabilitate Ocean Towers, a 360-unit property in the Coney Island section of Brooklyn. The $52 million purchase and rehabilitation of the property is being funded with $10 million of equity from CDT and Proto, along with a $35 million acquisition loan originated by Enterprise Community Loan Fund Inc. through the New York City Acquisition Fund. CDT is a private REIT that provides capital to the affordable housing sector. This is the REIT’s first acquisition in New York City. Proto, an affordable housing developer, will serve as the managing member, general contractor and property manager for the property. Ocean Towers was built in 1973 and is located at West 24th Street between Mermaid and Surf avenues.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts