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BETHLEHEM TOWNSHIP, PA—In the two years since breaking ground, The Kushner Real Estate Group and The Silverman Group have transformed a former farm site into the largest privately owned mixed-use development in Pennsylvania, with shops and restaurants, and they've just completed leasing in the third building of luxury apartments in the community.
HOUSTON—Hines' multifamily platform was launched in 2011, with an investment of $3 billion in the product type and 10 completed apartment communities representing 2,687 units.
ROCHELLE PARK, NJ—Case Real Estate Capital's new joint venture with a New York-based real estate credit fund is already bearing fruit, according to Sandy Herrick, founder and managing principal of Case. The partnership recently acquired about $3 million in bank loans covering a condominium apartment properties and a non-performing loan secured by a private estate in New Jersey, and has other deals in the pipeline.
NEWPORT BEACH, CA—The launching of TwinRock Capital comes in anticipation of a market correction, as parent firm TwinRock Partners takes a long-term outlook to ride out cycles and headwinds, principals Alex Philips and Aizaz Shaikh tell GlobeSt.com <b>EXCLUSIVELY</b>.
BOSTON—Cottonwood Management, LLC tells Globest.com that it plans to bring its massive mixed-use plan at the Seaport District to the Boston Redevelopment Agency next month for final approval.
ST. LOUIS—The recovery of the auto industry has helped drive strong demand in the region, and after a tremendous 2015, the new year is also off to a great start.
SAN DIEGO—Developers are beginning to show interest in building spec office, not just build-to-suits, in the Downtown San Diego market, Downtown San Diego Partnership CEO Kris Michell tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.
PHOENIX—Valley Partnership provides education and networking opportunities for commercial real estate professionals and has named Carrie Martin as its vice president of membership and events.
SADDLE BROOK, NJ—Industrial property availability in New Jersey dropped to 7.8 percent, a six-year low, in the fourth quarter of 2015, while industrial market experienced a strong finish to 2015 as it continued the recovery toward pre-recessionary levels.