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The 257-unit complex is more than 50 years old but sits in a desirable market.
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Hines Global Income Trust set a new local price per square foot record of about $727 with its purchase of a Montrose mixed-use property from its developer.
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Sears signed the cheap but lengthy lease at Mall of America in 1991.
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Mark Skender served as the company's CEO from 2014 to 2020 and its executive vice president from 1989 to 2014.
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Miami's largest under-construction development landed its first retail tenants.
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Median rents in the borough soared 6.4% higher than a year ago, with bidding wars upping the ante in a normally sleepy month for residential leasing.
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Roman Sinvyavskey faces up to five years in prison for operating short-term rentals on behalf of sanctioned Russian construction executives.
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Developers and officials say the city's housing construction is falling faster than other markets because of local policies that are pushing away investors.
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A Pennsylvania drug developer is investing in a 436-unit multifamily property in Houston in hopes of diversifying its revenue generation opportunities.
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The three properties sold to three different buyers.
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