Curtis Center Sells for $125M, to Get Apts.
PHILADELPHIA-In the latest of a series of high-profile deals to design mixed-use residential centers in transit-oriented areas, Keystone Properties and Mack-Cali Realty will create luxury apartments within the iconic Curtis Center office building here.
CINCINNATI—Forest Fair Village did not work out as retail space, but for an affordable price, medical, light industrial or other users can take it over.
TORONTO and DALLAS—Starwood Capital’s revised offer of US$16.25 for Milestone Apartment REIT trust units follows pushback from institutional unitholders.
IRVINE, CA—Average wage increases outpaced single-family rent hikes in 67% of the markets studied by ATTOM Data Solutions, a metric that the firm’s Daren Blomquist calls “a recipe for sustainable growth.”
WALNUT CREEK, CA—In this EXCLUSIVE commentary, one finance expert takes a closer look at the bread and butter of the CRE industry, which he says are the small and local real estate investment and development firms.