Southeast

Meritage states that it plans to fund the $100 million in the development of the 40 Wendy's restaurants through a combination of cash on hand and development credit facilities.

With 91% occupancy across 38 properties, “numbers tell the story and they do not lie.”

Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.

The venture capital firm filters out the best investment opportunities through several processes but also peruses cold leads.

The acquisition marks the company's fifth in the US in the past 12 months, with three sites under its belt in New York City, and a recent announcement that it had secured permits in Chicago for a 170,000-square-foot ground-up co-living project in The Chicago Loop.

The Miami firm has purchased 550 Biltmore, a 162,293-square-foot, Class A office building in Coral Gables. The deal calculated out to a purchase price of $336-a-square-foot, according to Cushman & Wakefield.

As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling.

The loans were originated by the firm's recently launched CrossHarbor Senior Debt Income Fund, which is based in Chicago. The fund partnered with National Life Group to provide Scannell Properties of Indianapolis with the construction financings.