Chicago

The New York City-based firm that specializes in corporate sale-leasebacks, built to suits and purchases of single-tenant net lease properties, reports today that it has made approximately $119 million in new acquisitions/investments.

“Because the space and layout of these plans more closely resemble a single-family home, we're seeing strong interest from buyers in their mid-30s who are on their second home purchase,” says Jeff Benach, principal of Lexington Homes.

Mag Mile Capital was able to secure the 10-year, fixed rate loan at a 5.75% interest rate and a 25-year amortization.

Chicago-based Capital One Healthcare provided debt financing for the loan portfolio valued at approximately $700 million.

Development amenities will include a curated library, fitness center, terrace pool, dog park, roof terrace and expansive communal gardens.

Hill is overseeing work on Dominion Energy Ohio's pipeline infrastructure replacement initiative, a $4 billion, 25-year program that will involve eventual replacement of more than 5,500 miles of DEO's 22,000-mile pipeline system.

JLL handled the $20.75 million sale of the class A, Cornerstone I at Cantera, a 152,520 square-foot suburban office property.

Beth Pinder has been named to lead CA Management Services, which will oversee operations across the real estate investment company's student and residential housing portfolios.