Austin’s Endeavor Real Estate Group snags more prime property in Nashville
The pending land purchase represents the third Nashville deal since the company arrived in town less than three years ago.
Why JLL is betting on a hot Denver market for multifamily construction
Denver doesn't look like it's slowing down anytime soon, according to the experts at JLL.
Lakeview Green redevelopment loan heads to Birmingham City Council
The Lakeview Green mixed-use redevelopment project is one step closer to securing funding for its site in the Lakeview District.
The Birmingham City Council’s Economic Development Committee and Budget and Finance Committee recommended 1904 on 4th LLC, which is the lead developer on the project, receive a $1.5 million Birmingham Business Development loan. The item will go before the city council next in an upcoming meeting.
KRE Ventures is applying for the loan to help fund the new development…
The latest on OMSI’s ambitious Central Eastside expansion ambitions
The Oregon Museum of Science & Industry has long been one of the go-to destinations in Portland, particularly for families with small children. It's a scientific playhouse, the kind of place that keeps kids occupied with hands-on activities that don't involve staring at a screen.
That ethos — OMSI as a destination — that sits at the core of the organization's growth ambitions.
OMSI is getting ready to name a master developer to spearhead a project that will transform its 18-acres on the…
Amazon scouts asked HQ2 finalist city leaders about coping with affordability
With HQ2, Amazon seems interested in not only economic opportunities but how it can help cities grapple with serious issues like housing affordability, education and diversity.
Lakewood apartment community sells for $38.5 million
Ranch at Bear Creek has sold for $38.5 million, according to HFF, a New York-based provider of real estate and capital markets services.
It was purchased by Castle Lanterra Properties and sold by Aukum Group. HFF marketed on behalf on the seller.
The 201-unit community is located at 3324 South Field Street in the Bear Creek area of Lakewood. It was originally constructed in 1973.
The property features flat-style units and townhomes.
It has a recently renovated pool area, fitness center and…
How Harvey has impacted the industrial real estate market
Watching coverage of Hurricane Harvey from afar, many people’s perception was that the entire city of Houston was severely damaged. Indeed, thousands of Houston homes were flooded; some Houstonians are still displaced from their domiciles, and it’s nearly impossible to overstate the breadth of the devastation.
However, most commercial real estate, particularly in the industrial sector, was unscathed by the storm.
“Commercial real estate, in general, wasn’t affected that much by the hurricane,”…
Three Pittsburghers selected to national list of CRE executives
Three Pittsburghers have been selected to a national list of notable commercial real estate executives.
The Business Journals’ Influencers: Commercial Real Estate spotlights 100 executives having an influence on real estate and development in their respective communities.
Dennis Astorino, founder of DLA+ Architecture & Interior Design; Bill Bates vice president of real estate for Eat'n Park Hospitality Group and incoming president of American Institute of Architects Pittsburgh; and Michelle…
Top of the List: Biggest credit unions in KC
This week, the Kansas City Business Journal ranks Kansas City's top credit unions.
The accompanying gallery shows the top five on The List, ranked by assets. For the full List, subscribers can take a look at the weekly print edition of the Kansas City Business Journal. The List also includes address, phone number, volume of assets, total deposit volume, membership criteria and top local executive. (Subscribers also can view the Largest Credit Unions List and Top Savings & Loans Providers List ranked…
Cypress Pointe, Landmark Ridge apartments sold
Two Jacksonville apartment complexes with a combined 544 units have been sold in recent weeks.
The 350-unit Landmark at Crescent Ridge, located at 2001 Hodges Boulevard, was sold for $41 million dollars by Landmark at Crescent Ridge LP to Utah-based Peak Capital Partners. One- to three- bedroom apartments ranging from about $900 to $1,600 are leased at the property.
Cypress Pointe, which has 194 units and is located in Orange Park at 25 Knight Boxx Road, was sold for $29 million by Illinois-based…