CRE i Ohio Hall of Fame profile: JLL's Joe Messina Each year, Midwest Real Estate News runs its Midwest Commercial Real Estate Hall of Fame issue, highlighting the careers of the most successful CRE pros in the region. This year, we are also running those profiles online. Today, we look at the busy career of Joe Messina, managing director with the Cleveland office of JLL.
Finance i Ohio Greystone adds financing vet to Cleveland office Greystone continued to expand its affordable housing finance division with the hire of Brian Jones as a managing director. Based in Greystone’s Cleveland, Ohio, office, Jones has more than 20 years of finance experience, particularly in affordable and seniors housing financing across local and national markets.
Finance i Ohio Dougherty closes refinancing for trio of apartment communities in Cleveland Dougherty Mortgage recently closed a Fannie Mae loan for the refinancing of the West 116th Portfolio, consisting of three market-rate multifamily apartment properties totaling 43 units in Cleveland, Ohio.
Industrial i Ohio Friedman sells net-leased industrial properties in Cleveland and Detroit Friedman’s investment advisory team brokered the sale of two long-term net-leased industrial properties in Detroit and Cleveland.
Multifamily i Ohio CRE vet joins Cleveland office of Goodman Real Estate Michael Weiss has joined the Cleveland office of Goodman Real Estate Services Group as senior director.
CRE i Ohio Hall of Fame profile: Colliers' Thomas Gustafson Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, highlighting the careers of the top CRE pros in the Midwest. This year, we are also running these profiles online. Today, we look at the career of Thomas Gustafson, national director of the self-storage practice group with the Cleveland office of Collier…
Net Lease i Ohio Quantum Real Estate Advisors closes $1.6 million sale in Cleveland Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant building at 3040 Fulton Road in Cleveland.
Office i Ohio NRP Group moves headquarters to Halle Building in downtown Cleveland The NRP Group, a developer, builder, and manager of multifamily housing, has relocated its headquarters to the Halle Building at 1228 Euclid Ave. in Downtown Cleveland. The company moved from its former offices in Garfield Heights, Ohio.
Finance N Illinois Rush Street Capital expands with the hire of two new associates Chicago-based financial firm, Rush Street Capital, has expanded its team by hiring two new associates, Patrick Kelly and James Sheehan. Both associates joined the firm in August 2018, and will work out of the Chicago headquarters location at 125 S. Clark Street.
CRE i Ohio Cleveland office of NKF adds pair of CRE vets Commercial real estate veterans Judy Simon and Lindsay Hach have joined the Cleveland office of Newmark Knight Frank.
Multifamily Midwest The cheapest apartment rents? You can find them in the Midwest It’s not easy to afford apartment rents in the most desirable parts of big cities like New York, San Francisco and Chicago. But a new study from AppFolio shows that renters seeking space in the Midwest havce plenty of options if they’re looking for cheaper apartment units.
Office N Illinois Thor Equities begins construction on Fulton Market retail and office mixed-use Thor Equities has commenced above-ground construction of 905 W. Fulton Market in Chicago. Developed by Thor and designed by Hartshorne Pluckard Architecture, the building will encompass approximately 108,650 square feet of prime retail and office space. The project is scheduled to be completed in early 2019.
Hospitality i Ohio Marcus & Millichap sells 92-room hotel in Ohio Marcus & Millichap recently sold the Comfort Inn & Suites West Chester, a 92-room hotel in West Chester, Ohio. The property sold for $6.2 million.
Retail N Illinois Beerhead Bar & Eatery plans Wrigleyville debut The American craft beer bar franchise, Beerhead Bar & Eatery, has finalized an agreement to make its Chicago debut as part of the much anticipated Addison & Clark complex in the Lakeview neighborhood. Across the street from Wrigley Field, Beerhead will begin serving its more than 500 brands of beer to baseball fans and Wrigley-goers in the …
CRE i Ohio REJournals' Cleveland CRE Summit: Celebrating a booming market More than 150 of the top commercial real estate pros in the Cleveland market headed to Windows on the River in Cleveland last week for REJournals' fourth annual Cleveland CRE Summit.
Finance i Ohio Bellwether's Jeff Musser: It's still busy out there The multifamily market has been strong for a long time. And in a bit of good news? The financing requests for this market sector aren’t slowing soon, according to industry veteran Jeff Musser, vice president of the Cleveland office of Bellwether Enterprise Real Estate Capital.
Office i Ohio CBRE adds office pros to Cleveland office Andrew Coleman, first vice president, and his associate, Stephen Morris, have joined the Cleveland Advisory & Transaction Services Office Agency team at CBRE.
Industrial i Ohio Finding industrial space in Cleveland no easy task The Cleveland industrial market is a hot one today, with vacancies under 5 percent in most submarkets. This is a good news. But it also presents certain challenges. Midwest Real Estate News recently spoke with David Stover, principal and executive managing director with Cleveland’s Hanna Commercial Real Estate, about this strong and steady sector.
Multifamily i Ohio Cleveland's multifamily boom not slowing yet The Cleveland-area multifamily sector continues to exceed expectations when it comes to vacancies, asking rents and plans for new apartment towers. Best of all? Two of the busier brokers working this market say that the city’s multifamily market isn’t showing any signs of slowing.
Finance i Ohio Rose Community Capital secures $16 million loan for Cleveland apartments Rose Community Capital has secured a more than $16.1 million Section 221(d)4 Substantial Rehab loan for Fenway Manor, a 143-unit affordable housing project in Cleveland, Ohio.