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Cresset Partners and Diversified Real Estate Capital has closed its first Opportunity Zone fund at $465 million and launched its second fund with a $750 million target.
MacKay joined Cushman & Wakefield's board of directors in 2018. She was most recently a senior advisor to iStar, a New York City-based investment REIT that finances, invests in and develops real estate and real estate related projects.
Boston-based Plymouth Industrial REIT has acquired 1717 West Harvester Road, a 465,940-square-foot industrial facility in West Chicago from a large institutional investor.
The Real Estate Executive Council, a professional trade association for executives of color in commercial real estate, has appointed Ken McIntyre, founder and managing principal of commercial real estate finance advisory firm PassPort Real Estate, LLC, as the new interim chief executive officer.
Four of the U.S. Whirlpool sites are located in Ohio—Marion, Findlay, Ottawa and Clyde—and one is in Cleveland, TN. Two properties are in Fabriano, Italy.
Ferrara's new distribution complex is expected to be fully operational in the second quarter of 2021 and will bring approximately 500 jobs to the city.
The city would provide a $6.64-million Tax Incremental Financing loan for the plan to redevelop the 90-year old city-owned structure into an entertainment and dining complex in the Bridgeport neighborhood of Chicago.
The firm, which is headquartered in San Francisco, plans to rapidly hire 100 new employees for its 350 North Orleans office, with additional growth plans above and beyond.