Wall Street Journal Homer City Redevelopment is planning to build a 4.5-gigawatt data center campus on the site of the former Homer City Generating Station in Homer City, Pa., about 50 miles east of Pittsburgh. The site previously held Pennsylvania’s [...]
Yield Pro A venture of Discover Multifamily and Rainier Cos. has bought the 1001 Ross mixed-use complex in downtown Dallas. Discover Multifamily, of Richardson, Texas, and Rainier, of Dallas, purchased the property from Beachwold Residential of New York, which had acquired [...]
Crain’s New York Business Malachite Group has paid $18.4 million, or $573.08/sf, for the 32,107-square-foot retail property at 72 Nassau St. in Manhattan’s Financial District. The Mineola, N.Y., investor bought the property from Hidrock Properties of New York and financed [...]
REBusiness Online Lotte Global Logistics has agreed to fully lease a 227,420-square-foot industrial property within the two-building I-35 Convergence Park in Denton, Texas. The Irving, Texas, logistics company is leasing the building from Hunt Southwest of Dallas. Colliers brokered the [...]
Multi-Housing Property A venture of Milhaus and Parse Capital has broken ground on The Slate, a 306-unit apartment property in Springdale, Ohio. Milhaus, of Indianapolis, and Parse, of Scottsdale, Ariz., are building the property at 505 West Crescentville Road, about [...]
CMBS issuance in the U.S. continued ballooning during the first quarter, as 40 private-label deals totaling $36.93 billion had priced. That compares with the $30.85 billion of issuance in last year's fourth quarter and is more than double the $17.85 [...]
Amerant Bank has provided $42.3 million of financing for the construction of the 95-unit Ella Miami Beach residential condominium building that a venture of Constellation Group, Boschetti Group, and Vietmar is building in the Atlantic Heights neighborhood in Miami’s North [...]
Philadelphia Business Journal Welltower Inc. has paid $27.4 million, or $142,708/unit, for Anthology Senior Living, a 192-unit seniors-housing property in the Philadelphia suburb of King of Prussia, Pa. The Toledo, Ohio, REIT bought the building from CA Ventures of Chicago. [...]
Commercial Property Executive Transwestern Investment Group has paid $36 million, or $386.01/sf, for Copper Point, a 93,262-square-foot medical office building in Gilbert, Ariz. The Houston company purchased it from RX Health & Science Trust of Chicago – formerly known as [...]
Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Moody’s Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 5.73 30.00 2.43 AAA Aaa AAA J-spread A-2 120.50 30.00 4.70 AAA Aaa AAA [...]
