News

In connection with the development of Live! Casino Pittsburgh, Stadium Casino will renovate a 100,000-square-foot area at the Westmoreland Mall. The casino will feature 750 slot machines and will open with 30 table games with an anticipated expansion to 40 tables.

The 65,000-square-foot store will be located in the first of two towers under development at 60 North 23rd St. by PMC Property Group.

The lease extension transaction comes after Denholtz Properties completed last year a $500,000 capital improvement project at the two-story, 54,599-square-foot Class-A office building.

The redesign of The Green which will feature more than 2,000 individual plants, 20,000 pounds of natural, locally sourced stone, and 2,000 square feet of sodded lawn

The gaming board report later notes that the amount of profit relative to total development costs, inclusive of licensing and reconciliation fees, would be at best result in a 1% or 2% return annually, which is not an acceptable rate of return for a casino developer on a greenfield project.

Charlotte, NC-based Grandbridge Real Estate Capital facilitated the closing of an $88,342,000 refinance loan secured by The Atlas Apartments.

Together, Hurwitz and Okun have represented a portfolio of approximately 2.5 million square feet of office space throughout South Florida.

Taurus Investment Holdings has acquired the Mezzo at Tampa Palms in the exclusive Tampa Palms community from Preston-Giuliano Capital Partners in a deal that calculated out to $173,529 per unit.