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BOCA RATON, FL—The Whispering Palms Apartments and Del Rio South Apartments developments here have traded for a combined sales price of nearly $7 million.
NEWARK, NJ—C&I Properties, the owner of 2 Gateway Center here, reports it has created an iPad app designed to help real estate professionals and businesses owners calculate the level business incentives they could secure under the state's recently enacted Economic Opportunity Act of 2013.
PHILADELPHIA—A breakthrough has been reached in settlement talks on the controversial $6.4-billion expansion plan at Philadelphia International Airport.
WASHINGTON, DC—The JBG Cos. have filed for permits to demolish approximately half of the 1300 block of U Street to make way for its planned eight-story mixed-use development here.
WILMINGTON, DE—The Wilmington Renaissance Corp. is scheduled to unveil today its ambitious public-private partnership to redevelop the Quaker Hill section of the city.
BOSTON—Capital One Bank has provided a $45-million, three-year term loan to Shorenstein Realty Investors Eight, LP to refinance existing debt on 399 Boylston St.
ISELIN, NJ—Locally-based Sitar Realty reports it has recently brokered eight commercial lease transactions totaling more than 31,000 square feet in New Jersey and Connecticut.
MEMPHIS, TN—Flush from first quarter results that met or exceeded analyst expectations, Eric Bolton, chairman and CEO of Mid America Apartment Communities Inc. believes the company is on solid ground for NOI growth this year.
NASHVILLE, TN—Despite an increase in revenue and leasing on track with expectations at its healthcare properties, J.J.B. Hilliard, W.L. Lyons, LLC (Hilliard Lyons) remains neutral on Healthcare Realty Trust's shares.
LEVITTOWN, PA—Levittown Partners, LLC, the new owner of the former Giant supermarket in Bucks County, is redeveloping the 40,045-square-foot building into a new shopping center