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Philly Council Approves $6.8B Budget, Advancing Mayor's $2B HOME Initiative
Mayor Cherelle Parker's signature HOME Initiative got a major boost after marathon council sessions.
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Mayor Cherelle Parker's signature HOME Initiative got a major boost after marathon council sessions.
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Alterra Property Group's 299-unit conversion project at 1701 Market St. in Center City is set to welcome its first tenants in May.
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The list of interested parties is rapidly growing as investors and sponsors look for creative ways to get ahold of liquidity.
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Patrick’s Elegant Living occupies 45K SF in a standalone building across the street from Tysons Corner Center.
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Multifamily construction has slowed dramatically in the city, with last year's 1,502 market-rate apartment starts down from the 2022 peak of nearly 7,000.
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The new 60K SF facility is set to open next summer.
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MEAG has bought a build-to-rent asset at The Liberties as German investors refocus on the Irish capital and residential investment picks up.
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Read about a major refi, several new hires and other deals in Chicago this week.
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The REIT this month gave a notice to tenants at 432-unit apartment building The Batley saying it intends to sell the building.
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It cost twice as much to build a project in New York than in does in Tampa, which is still the 22nd-most-expensive city in the U.S. for commercial development.
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