Cleveland
Howard Hanna Taps New Ohio Manager
Meet Dawn Rose-Sohnly, the new manager of the company’s Toledo/Maumee, Ohio, office.
Wayne Homes Announces New Construction Manager
Meet Mark Spangenburg, Wayne Homes’ new construction manager in Belmont, Ohio.
Out-of-State Investor Buys 70 Units in East Cleveland
The 70-unit Parkview Estates Apartments in East Cleveland, Ohio was bought by Florida-based investors for $850,000, or $12,142 per unit.
Forest City Closes Sale of Military Housing Business for $208.8M
Hunt Companies acquired the military housing business from Forest City Realty Trust for $208.8 million.
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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