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PLYMOUTH MEETING, PA-The four-year revolving line of credit has a one-year extension option and is priced at Libor plus 80 basis points based on the REIT's current credit ratings with S&P, Fitch and Moody's.
MIAMI-Solana Beach, CA-based Senior Resource Group enters Florida with the acquisition of Carlisle-brand senior independent and assisted living properties aggregating 660 units in Naples and Palm Beach. The price tag is undisclosed.
ALLENTOWN, PA-This lease for more than a third of the 594,923-sf facility marks the Reno, NV-based third-party logistics supplier's first East Coast distribution center. Asking rental rates for distribution space here is $4.35 per sf.
ALLENTOWN, PA-This lease for more than a third of the 594,923-sf facility marks the Reno, NV-based third-party logistics supplier's first East Coast distribution center. Asking rental rates for distribution space here is $4.35 per sf.
DESTIN, FL-Locally based Legendary Inc. begins the opening phase of its mixed-use HarborWalk Village. Emerald Grande contains 281 condo units in one four-story and two 13-story buildings. It will sell a mix of whole and fractional ownership.
MIAMI-The Paris-born former women's wear manufacturer who transformed Clinton Hotel on South Beach plans a similar renewal of the Carlton. He paid $9.4 million for the Art Deco landmark and will invest about $9 million more.
PLYMOUTH MEETING, PA-By overwhelming margins, shareholders of both REITs approve Brandywine's $3.3-billion acquisition of Dallas-based Prentiss Properties. This takes Brandywine's portfolio to 49 million sf with a total market capitalization of about $6 billion.
PLYMOUTH MEETING, PA-By overwhelming margins, shareholders of both REITs approve Brandywine's $3.3-billion acquisition of Dallas-based Prentiss Properties. This takes Brandywine's portfolio to 49 million sf with a total market capitalization of about $6 billion.
ALLENTOWN, PA-As the Dec. 28 deadline for Pennsylvania gaming license applications nears, the state's largest gaming-industry player makes an offer on a slots parlor site next to Queen City Municipal Airport.
ALLENTOWN, PA-As the Dec. 28 deadline for Pennsylvania gaming license applications nears, the state's largest gaming-industry player makes an offer on a slots parlor site next to Queen City Municipal Airport.