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Transwestern has responded to a need for efficient and cost-effective living in Austin, demonstrated by the success of its first micro-unit project, the Indie, followed by Block 36 near the Sixth Street district.
Comments on the state of the market have centered on inflated pricing because of investor saturation, which many feel doesn't reflect the current market environment.
Shorenstein Properties has locked down a $350 million Barclays loan to finance a leasehold at 1407 Broadway, a 43-story property in Midtown, Manhattan.
The funding will allow Channellock to build a 35,000-square-foot addition to the company's existing 64,427-square-foot manufacturing facility in Meadville.