Globest Sectors

The Phoenix 312-unit high-rise tower secures a $81.5 million bridge loan to replace senior construction debt.

Millennials are driving demand of shared co-living spaces on one end of the spectrum and high-end apartment living on the other.

Blu Harbor, a 402-unit multifamily community in Redwood City, has sold for $325.6 million to GID, a Boston investment firm, by the partnership of Pauls Corporation and Fortress Investment Group.

Good Sportsman Marketing has leased the entire space in Building A of Parc SouthWest or approximately 180,497 square feet, and Building B will be fully occupied by three tenants.

The facility, which will serve families in a traditionally low-income neighborhood, will open next year in Avenue Center, a community resource center across from Moody Park that is being developed by Avenue.

The firm will oversee West Tennessee Healthcare’s portfolio of clinics, medical office buildings and operational facilities.

Investors are converting office and light industrial properties into medical office to keep up with demand.

In connection with the development of Live! Casino Pittsburgh, Stadium Casino will renovate a 100,000-square-foot area at the Westmoreland Mall. The casino will feature 750 slot machines and will open with 30 table games with an anticipated expansion to 40 tables.