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COLUMBIA, MO—Investors continue to show a great deal of interest in luxury student housing communities and Fannie Mae is very willing to extend acquisition loans.
WASHINGTON, DC—The company has a national pipeline with some $1 billion worth of projects underway. Newly-appointed head of National Real Estate Development Daniel Killinger explains why DC is high on his list.
CHICAGO—The Chicago-based developer has helped transform the Fulton Market area and will use the proceeds to retire existing debt and fund other project costs.
PHILADELPHIA, PA—Colliers International has arranged a long-term, 24,000-square-foot lease for the newest outpost of national gym brand DavidBartonGym at The Drexel Building, located at 1435 Walnut Street in Philadelphia. The gym will open its first location in Pennsylvania in summer 2015.
FLORHAM PARK, NJ – HFF has arranged a $221.8 million financing for Paramount Realty Services, for a 96-percent-occupied portfolio consisting of 30 retail centers, office and medical office properties totaling approximately 2 million square feet in Pennsylvania and Maryland.
MOORESTOWN, NJ—Architecture still has an imbalance in the proportion of women to men in the profession, but things are improving, says Kimberly Bunn, AIA, newly elected president of the New Jersey chapter of the American Institute of Architects. Bunn is just the fourth woman to hold the post, although there have been more women in the national office. Hear our exclusive audio interview with Bunn.
CHICAGO—“In all but a very few markets, the absorption continues to surpass the construction or the new supply,” Cushman & Wakefield's John Morris says in a new podcast.
FREEHOLD, NJ—Sears Holdings Corp. announced two more lease transactions with European fashion retailer Primark at the Danbury Fair Mall in Danbury, CT and at the Freehold Raceway Mall here.
SAN ANTONIO--The Kalikow Group, on behalf of KEP Luckey Ranch Global Associates, has announced the closing of the sale of a 239-acre residential land parcel to LGI Homes at the master-planned 2,400-home, 610-acre Luckey Ranch project in San Antonio.