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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.
Marcus & Millichap Expands Canadian Presence
Brokerage firm Marcus & Millichap has opened its fourth location in Canada.
Lennar Takes Site in Little Italy for High-Rise
A vacant site that is scheduled to become a new residential high-rise was recently the object of a deal in Little Italy. The buyer was Lennar Multifamily Communities , LLC who paid seller Chhatrala 520 Ash St LLC a total of $12.8 million for the development site. According to the San Diego office of Colliers International, the off-market transaction was handled by Senior Vice President Victor Krebs on behalf of the buyer. The selling entity was not represented by a brokerage.
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