Regions
$111M JV to Develop Major Mixed-Use Project in Chicago
Guggenheim Real Estate selected two partners to renovate a two-tower community and expand the site into a large mixed-use project in the Illinois Medical District.
On the Market: 5 Interesting CRE Listings for the Week of 8/8
This week’s listings include a sprawling luxury property in Sherman Oaks, Calif., and a unique vintage community in Pittsburgh.
Mercer Island Apartment Development Starts Pre-Leasing
The 209-unit community from Legacy Partners is scheduled for completion later this year.
RMK Management to Handle Luxury Chicago Community
The LEED-targeted property is being constructed by TJM Development, with pre-leasing slated to begin this fall.
Hines, Welltower Tap Sunrise Senior Living for NYC Project
Sunrise Senior Living was chosen to operate an upcoming senior living community under development by Welltower and Hines in Midtown Manhattan.
Yardi Matrix: Portland’s Promise
Broad-based job growth and a constant influx of Millennials have propelled
apartment rent increases in Portland to among the highest in the nation.
Metro Salt Lake City Apartments Sell for $52M
Marcus & Millichap arranged the deal in Utah’s capital city, which has seen considerable population growth since 2010.
Toll Brothers JV Brings Luxury to Boston Suburb
The 249-unit upscale Parc Westborough community is now officially open and leasing.
Yardi Matrix: Richmond’s Rise
The capital of Virginia remains a steady market, having hit cycle-wide records this year for delivered units, rent growth, transaction volume, home prices and job gains.
High-End Housing Debuts Near U of Illinois Campus
Bainbridge Cos. and an affiliate of Blue Vista Capital Management teamed on the 181-unit project in Urbana, Ill.