Affordable housing development opens near Seattle University
The 50-unit building was nearly 100% pre-leased before it opened with a residential mix that includes young health care workers, young professionals and students.
Real estate leaders convene to share affordable housing strategies
With financing barriers to affordable housing development, the $250 million that Microsoft partnered with the Washington State Housing Finance Commission to provide offers some relief. It's a no-cost line of credit that can be recycled into other projects as developers repay their debts.
Inside the Innovation: See the plans for Las Cruces’ $280M tech park
All in all, developments at Arrowhead Park could add up to $283 million, spanning 378,000 square feet.
Chick-fil-A’s Makiki location to open on Thursday
The restaurant will be the chain's third in Hawaii, with existing locations at Ala Moana Center on Oahu and in Kahului on Maui.
Wells Bank, Connections Bank will merge, adopt the same name
Wells Bank and Connection Bank are sister banks, but they will merge and begin operating under a single brand name.
Data-center operator QTS acquires hundreds of acres in South Carolina for $11M
Affiliates of QTS have acquired a total of roughly 400 acres in the South Carolina portion of Charlotte.
As Penn’s new Amy Gutmann Hall reaches milestone, Magill touts first-of-its-kind building as future ‘nexus point’
Amy Gutmann Hall will be a beacon of innovation “both in form and function” when finished, said Penn President Liz Magill.
Vanguard Group inks large office lease in Arizona
Malvern-based Vanguard Group confirmed it signed a hefty lease in north Scottsdale, taking over space previously occupied by one of Arizona's largest public companies.
Hedge funds want Mallinckrodt to avoid paying $1B in opioid settlements
Mallinckrodt, a specialty drugmaker whose U.S. unit is based in St. Louis, is reportedly in discussions with hedge funds about again filing for bankruptcy to cut off about $1 billion in payments meant to assist people with opioid addiction.
Central Pacific Bank announces second quarter financial results
“We're very pleased with our results for the second quarter and grateful for the support of our customers and the community,” CPB President and CEO Arnold Martines told PBN.