Done Deals: Endurance sells 5-building industrial portfolio; NoLibs project secures $55.7M construction loan
A roundup of recent real estate news and transactions across the Philadelphia region.
Opening soon: Bonchon, ‘crunch out loud’ Korean fried chicken
The local franchisee, Loay Abdallah, looks to open a second location in East Memphis by the end of 2024.
Top executive Tim Mislansky focuses on Wright-Patt Credit Union employees, members
When Tim Mislansky visits employees at Wright-Patt Credit Union member centers, he asks a simple yet evocative question: Has anyone had a member cry in their office? Not for something bad, but because the credit union said “yes” to something they didn't think was possible – like getting a loan to buy a car or send a child to college. Such empathy with members – how the credit union refers to its customers – is at the core not only of Wright-Patt Credit Union, but also Mislansky, the credit union’s president and CEO. That’s why Mislansky is the Dayton Business Journal’s Executive of the Year for 2023.
Kaiser Permanente paid $44M for a site near its North San Jose facility that was planned for an office building
Hudson Pacific Properties had planned to build a 350,000-square-foot office building on the property but never broke ground.
Mass General Brigham to build AI products with Australian health tech company
MGB and Annalise.ai plan to build AI radiology imaging tools, which can quickly scan X-rays and CT scans to alert clinicians to any health complications faster.
Crane Watch: From massive industrial developments to new hotels, major projects moving forward across the region
A few of the region's major projects have come into greater focus in recent weeks, while the steady pace of new residential, hospitality and health care proposals continues.
Corcoran Pacific Properties announces new ownership structure
Founded in 2005, One Ohana Corp., formerly The Elite Cos., operates as Corcoran Pacific Properties, a franchisee of Corcoran Group, LLC.
Veritas surrenders 300-unit San Francisco residential portfolio to Prado Group
Prado bought mortgages affiliated with the portfolio from Veritas's original lender earlier this year. Now it's officially taken ownership of the residential properties tied to those loans.
Japanese bakery opens in Ward Village
A bakery with a presence in California and Japan held its soft opening in Honolulu this month.
Japan-based kitchen store opens in Ward Village
A Japan-based modern kitchen decor and accessories store recently opened in Honolulu and is the brand's only location in the state.