KeyBank Invests $28.7M in Senior Housing

KeyBank’s investment in Cambray Courts Apartments will help redevelop the community into 71 units of much-needed affordable housing for seniors in St. Lawrence County, N.Y.

Flats at East Bank in Cleveland

Development Team Offers Win-Win Deal to Prospective Tenants in Cleveland

Flats at East Bank, one of downtown Cleveland’s luxury apartment developments, has launched an original incentive program, offering new residents a paid vacation during next summer’s RNC.

Commodore Place Apartments in Cleveland’

Nonprofit Developer Maintains Affordable Rents in Cleveland

Mission-driven Community Builders has acquired the Commodore Place Apartments in Cleveland, which will continue to operate as a mixed-income housing community.

Residences at 1717

Conversion of Historic Building Awarded LEED Silver

Another green building in Cleveland has earned LEED Silver certification.

Devonshire REIT Buys Mentor’s Great Lakes Plaza for $8M

Another Cleveland-area shopping center has changed hands. A few weeks ago, Starwood Capital Group has completed the acquisition of two Northeast Ohio shopping centers, as part of a seven-property portfolio for which the Greenwich, Conn.-based investment firm has paid $1.6 billion to the Sydney, Australia-based Westfield Group. Now, Devonshire REIT, Inc. Has announced it has closed the purchase of Great Lakes Plaza.