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COLLEGE PARK, MD—Prince George's County has secured its first EB-5 investment, which will help finance the mixed-use Metropolitan at College Park project here.
PHILADELPHIA—Locally-based coffee retailer La Colombe has secured $28.5 million worth of private investment, which will help finance plans to open approximately 100 new cafes across the United States over the next five years.
ATLANTIC CITY, NJ—In court papers filed Wednesday, attorneys representing Revel Casino Hotel stated that Florida-based developer Glenn Straub has made a $90-million cash bid for the shuttered property.
CHEVY CHASE, MD—The site is in the process of building up its database of pre-qualified accredited investors and hopes to make its first offering this year, Dee Hunter tells GlobeSt.com's Erika Morphy.
NEW YORK CITY—Since being launched a year ago, R3 Funding has arranged more than $150 million in originations and provided $450 million in workout advisories. Founder Ray Potter gives GlobeSt.com the hows and whys.
MALVERN, PA—Liberty Property Trust has begun development of eight industrial projects totaling 2.2 million square feet so far in the third quarter. Liberty says the starts represent a projected total investment of $150 million. Liberty also said it completed two large leases totaling 1.2 million square feet in industrial properties in Pennsylvania.
NEW YORK CITY—The developer of a Marriott Courtyard property—slated to sit at the corner of West 34th street and 10th avenue—received an assist from the builder of the Hudson Yards complex and a partner.
MIAMI—Kayne Anderson's Al Rabil tells GlobeSt.com's Jennifer LeClaire about massive growth and the inevitable construction boom in one commercial real estate niche in part one of this <b>EXCLUSIVE </B> interview.