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DULUTH, GA-In one of the largest multifamily sales transactions in the region so far this year, Atlanta-based Cortland Partners has purchased the Idlewylde apartments here for $63.5 million.
CHICAGO-Outgoing U.S. Transportation Secretary Raymond LaHood says a few final details need to be completed before the $100-million loan earmarked for the extension of the Riverwalk is finalized.
WASHINGTON, DC-MRP Realty and equity partner Rockpoint Group have put their mixed-use project—Washington Harbour—on the market for sale and have retained HFF to market the twin-tower high-rise project to investors.
NEW YORK CITY-A Chicago-based real estate investment firm—Harrison Street Real Estate Capital, has acquired more than 60 Long Island University Brooklyn graduate apartments for more than $60 million.
NEW YORK CITY-The city's Independent Budget Office reports that federal funds from FEMA and HUD will cover all of the city's Hurricane Sandy-related costs.
PHILADELPHIA-DeMedici Corporation II says it has signed a deal to acquire the former GlaxoSmithKline's North American headquarters at 16th and Vine for $29 million.