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CHICAGO—The aging of the baby-boom generation has developers hunting for sites that won't be stuffy, isolated seniors homes, but instead provide amenities and access to family and friends.
FORT WORTH--The Shops at So7 and So7 Parkside Urban Apartments in Fort Worth have been sold. On behalf of CDK Realty Advisors representing an institutional client, JLL Capital Markets announced the sale. Tabani Group purchased the property for an undisclosed amount. Starwood Mortgage Capital provided the financing for the purchase.
HOUSTON--Crow Holdings Industrial (CHI) has announced that Dawn Food Products and Eleganza Tiles will lease more than 133,840 square feet of class A industrial space at CHI's 24-acre Apex Distribution Center in northwest Houston.
LONDON—The 10-year, fixed-rate loan from affiliates of AIG Asset Management Europe completes approximately $1.37 billion in refinancing by the UK-based REIT.
NEW YORK CITY—The balance between new supply and net absorption is poised to change over the next few quarters, says Ryan Severino at Reis, although continued strong demand will help maintain rent growth.
SPRINGFIELD, MA—The economic impact generated by the construction and in 2018 the operation of the China Railway Rolling Stock Corp.'s rail car manufacturing plant will be tremendous for Western Massachusetts in the years to come, according to a broker who helped the firm find the plant site here.
BOISE, ID—The stock offering would mark the grocery retailer's first step in exiting years of institutional ownership under investors including Cerberus Capital Management and Kimco Realty Corp.
DALLAS—Denver-based Amstar, on behalf of one of its public retirement system clients and in conjunction with its partner, The Hanover Co., announced today the sale of Hanover Cityplace, a 396-unit luxury apartment community in Uptown Dallas. The buyer and sale price were not disclosed.