Cleveland
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.
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.
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.
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.
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