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All Fund I investors have made commitments to Fund II, as did new investors, and at the final closing for Fund II, 40% of Fund II equity was committed to seed assets.
Since 2015, approximately 475,000 square feet has been renovated or added to the hospital. Including the new project, the hospital's capital investment will total approximately $422 million once the new outpatient center is completed in 2021.
Greenland Forest City Partners and the Brodsky Organization start construction of a massive, 859-unit, mixed-income project at 18 Sixth Ave. in downtown Brooklyn.
Leatherbee will join Trammell Crow officially on May 6. He most recently served as executive vice president and regional manager of Skanska USA Commercial Development's Boston office.
The three-story medical office building is located within Brandywine Crossing, a 230,925-square-foot shopping center featuring a Safeway, Costco, Target, Xscape Theaters and CarMax.
Realtors pointed to a 9.6% increase in active single-family home listings (97,195) as a positive sign going forward that will help keep the lid on rising home prices in the Sunshine State.