Cleveland

News

Hunt Real Estate Capital Provides $33M to Refinance a Dayton, OH, Multifamily

Steve Lubetkin |

“The borrower has more than 40 years of real estate development, acquisition, disposition, and management expertise,” says Hunt's Greg Cazel.

Westchester County IDA Looks to Grant Incentives for $95M Multifamily Project

John Jordan |

The development plan calls for a total of 303 units that will consist of a mix of one- two- and three-bedroom apartments. A total of 19 units would be affordable to those making 60% of average median income.

Features

ReNew REIT Gets $159M From KeyBank to Acquire Senior Housing, Including 3 in PA

Steve Lubetkin |

The acquired properties total 813 units including independent living, assisted living and memory care in Michigan, Pennsylvania (pictured) and Virginia.

Glimmers of Hope for Affordable, Workforce Housing

John Salustri |

A handful of state and national initiatives point the way toward filling a serious housing need. It’s just a start, but a start after all, says KeyBank’s Rob Likes.

News

Industrial Commercial Properties Adds Kern and Hill, Two Seasoned Executives, to Leadership Team

Steve Lubetkin |

Kern will oversee the company’s asset management practices and play a lead role on transactions and development projects. Hill will be responsible for ICP’s financial planning and accounting practices, as well as its relationships with lending institutions, investors and the financial community.

News

Silverpeak, Legacy, Oaktree Acquire Ohio Data Centers

Steve Lubetkin |

Brad Lebovitz, managing director at Silverpeak, says the acquisitions introduce Silverpeak to edge markets where the firm sees limited supply.

Research

Cleveland Office Market Sees Lowest Vacancy Rate in 17 Years

Katie Hinderer |

“We see the Cleveland office market remaining fairly flat this year."

News

HFF Refinances $171.5M Mixed-Use Development

Katie Hinderer |

The 58-acre Pinecrest consists of 400,000 square feet of retail space, two Class A office buildings totaling 160,000 square feet, 87 high-end luxury apartments, and a 145-key AC Hotel by Marriott.

News

Gorjian Completes 27th Property Purchase in 12 months

Katie Hinderer |

“This latest acquisition brings our national ownership interest portfolio to 60 properties totaling 7 million square feet.”

News

Hill International Renewed for Cleveland Pipeline Program Management and Inspection Services

Steve Lubetkin |

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.