Marcus & Millichap closes sale of 140-room hotel in Cleveland market
Marcus & Millichap brokered the sale of the 140-room Hotel RL Cleveland Airport West in North Olmsted, Ohio. The property will undergo a full renovation…
Ohio
KeyBank Community Development provides $15.5 million construction loan for two-site affordable housing project in Toledo
KeyBank Community Development Lending and Investment provided a $15.5 million construction loan, a $3.18 million permanent loan and $17.7 million in low-income housing tax credit…
New construction slows but net absorption rises in Columbus industrial sector
A slowdown in construction activity? That's not unusual for industrial markets across the country. And it's what the Columbus, Ohio, market saw at the close…
Is demand for single-family rentals finally starting to slow? A new survey suggests this might be happening
Is demand for single-family rental homes starting to slow? The latest research from Rentometer suggests that it might be.
MAG Capital Partners acquires 158,484-square-foot food-processing facility in Cleveland market
MAG Capital Partners has acquired a 158,484-square-foot specialty food-processing facility in the Cleveland metropolitan area in a sale-leaseback transaction with Produce Packaging, Inc. Situated in…
Lee & Associates names principal in Columbus office
Lee & Associates promoted Alex Kuniega to principal at the company's Columbus, Ohio, office. Kuniega, who joined Lee & Associates in late 2018, specializes in industrial leasing and…
Clear Height Properties, MLG Capital sell 290,573-square-foot industrial building in Columbus
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital have sold a 290,573-square-foot industrial building at…
Yardi Matrix: Demand will remain high for multifamily units in 2025, but don’t expect a surge in rents or sales
The multifamily housing sector is expected to experience steady, if unspectacular, growth in 2025, according to Yardi Matrix's Winter Multifamily National Report. While rents are…
A look ahead: CRE pros predict increased sales, development activity for Columbus in the coming months
Sure, the Columbus, Ohio, commercial real estate market has seen development and sales activity slow in 2024. But this market didn’t see slowdowns that were…
Cottonwood Group provides $56 million in financing for data centers in Ohio, Arizona and Virginia
Cottonwood Group closed $56 million in financing for three data center land developments in Arizona, Ohio and Virginia. This strategic investment underscores Cottonwood’s bullish outlook…