Retail sector keeps showing off its resilience
Retail sales continued to show resilience in April, driven by shoppers happy to spend their tax refunds, seasonal purchases and consumers' ongoing search for value,…
Midwest
Gantry closes $39.5 million loan for 207-unit apartment community in Woodbury
Gantry secured a $39.5 million permanent loan as construction takeout financing for the Edison at Woodbury apartments at 326 Karen Drive in Woodbury, Minnesota, a…
Cinnaire closes LIHTC equity fund to finance preservation of 2,259 affordable housing units in 10 states
Cinnaire closed a $307 million Low-Income Housing Tax Credit (LIHTC) equity fund— the second largest investment in the organization’s history. Cinnaire’s Fund for Housing Limited…
St. Louis’ Lawrence Group adds controller
St. Louis' Lawrence Group hired Katlyn Garcia as the firm’s new Controller. Garcia rejoins Lawrence Group after previously serving in the firm’s accounting department for…
Skender tops out at new Westfield police headquarters
Skender, serving as general contractor, along with developer Garmong, has topped out construction on the new Westfield Police Department headquarters, a $35 million facility designed…
Colliers adds vice president to Cleveland office
Jeremy Bates has joined Colliers | Cleveland-Akron as vice president. Bates brings more than 21 years of experience, advising retail clients on expansion strategies and…
Fading momentum? Not in Detroit, according to the Detroit Commercial Real Estate Mid-Year Forecast
The momentum continues in the Detroit-area commercial real estate market. That was the main takeaway from Michigan Real Estate Journal's 11th annual Detroit Commercial Real…
Mid-America brokers sale of 98,754-square-foot retail center in Louisville market
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Middletown Station, a 98,754-square-foot collection of seven multi-tenant and single-tenant outlot buildings that are strategically…
Newmark closes sale of 332,309-square-foot regional shopping center in Newport
Newmark arranged the sale of Newport Pavilion, a 332,309-square-foot grocery-anchored regional shopping center in Newport, Kentucky, directly across the Ohio River from downtown Cincinnati. Newmark…
The great mall divide: Coresight report finds that top-tier malls thrive while lower-tier properties struggle
Despite what you might believe from some of the headlines, the U.S. enclosed shopping mall isn't dead, with many of these retail spots thriving. But…