Cleveland

BGL Completes Financing for Cleveland Waterfront Community

The independent investment bank advised The Landmark Cos. on the acquisition of Quay 55, a historic building that will undergo an ample transformation process and rebranding.

The Edge on Euclid Begins Leasing

The 262,000-square-foot luxury student housing community offers one- to four-bedroom units. The community is in close proximity to Cleveland State University Campus.

Landmark Lands Cleveland Lakeshore Community

Quay 55, a former warehouse converted to apartments, is now in the hands of an affiliate of Landmark Cos. Deancurt Realty Group sold the Lake Erie shoreline property after six years of ownership.

JVM Realty Renovates 4 Suburban Cleveland Communities

Makeovers are underway at the 366-unit Royal Oaks Apartments in North Royalton, the 300-unit Dover Farms in North Royalton, the 261-unit Butternut Ridge in North Olmsted and the 258-unit Hidden Lake Apartments in Stow.

Construction of $62M Cleveland Tower to Start in June

Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.

Huntington Commits $150M to Ohio Affordable Housing

The investment brings the bank’s investment, in partnership with Ohio Capital Corp. for Housing, to more than $500 million since 2010.

Berkadia Secures $50M in Financing for Cleveland Project

The company secured the loan from Related Fund Management for the development of Centric Apartments, a 272-unit community.

New $13M Condo Project Planned in Cleveland

Local investors are planning the construction of Quattro, a 26-unit condominium building in the Little Italy neighborhood.

Yardi Matrix: Cleveland’s Fundamental Promise

Multifamily fundamentals are strong in the City of Champions, with more than 11,500 multifamily units in different stages of development.

Cleveland’s $132M Rockside Road Project Gets Green Light

The development has received zoning approval, with plans including luxury apartments, retail, a hotel and more.