Healthcare i Ohio Cushman & Wakefield sells medical center building in Cleveland market Cushman & Wakefield has arranged the sale of Seventh Avenue Medical Center in Chardon, Ohio, a Cleveland suburb.
Finance i Ohio KeyBank provides $15 million in financing for Cleveland multifamily project KeyBank Community Development Lending & Investment provided The Finch Group $15.5 million in total financing to support Glenville Circle North, a major project that is part of the ongoing “transformation” initiative in Cleveland.
CRE Midwest Peak Construction expands national team Des Plaines, Illinois-based Peak Construction Corporation announced the addition of two new project engineers to their operations team, Ahmed Salih and Jason Bruce.
Finance i Ohio Bellwether Enterprise names SVP in Cleveland Bellwether Enterprise Real Estate Capital LLC named Tony Love senior vice president in the Cleveland office, the headquarters of the company’s 30 offices nationwide. Love will work as part of the Affordable Group, employing his years of experience with FHA underwriting and HUD programs.
Office i Ohio Health technology firm moving to Cleveland-area's Pinecrest development Royal Philips, a health technology company, has signed a lease in the Offices at Pinecrest, a regional mixed-used development from Fairmount Properties and joint venture partner DiGeronimo Companies, which opened this spring on the east side Cleveland suburb of Orange Village, Ohio.
Retail i Ohio CBRE listing former Sears properties in Cleveland market CBRE is listing two former Sears properties in the Cleveland area, one in Mentor, Ohio, at the Great Lakes Mall, and a second in Middleburg Heights at Southland Shopping Center.
Finance i Ohio KeyBank provides $39 million for Cleveland apartments KeyBank Real Estate Capital and KeyBank Community Development Lending and Investment have provided a total of $39.4 million in financing for the redevelopment and preservation of Commodore Apartments in Cleveland.
Net Lease i Ohio Marcus & Millichap sells net-leased Arby's in Cincinnati Marcus & Millichap sold an Arby’s 2,890-square-foot net-leased property in Cincinnati. The asset sold for list price, $1.238 million.
Office i Ohio HFF negotiates sale of key office tower in downtown Cleveland Holliday Fenoglio Fowler, L.P. recently negotiated the sale of 1111 Superior Avenue, a 559,299-square-foot Class-A office tower in Cleveland.
Finance i Ohio Uber Capital Group provides $8 million in financing for Ohio Home Depot Joel J. Gorjian, founder and chief executive officer of the commercial real estate financial advisory and mortgage origination firm Uber Capital Group, LLC, has sourced an $8.3 million non-recourse bank financing for the Home Depot site at the Severance Town Center in Cleveland Heights, Ohio.
Finance i Ohio Berkadia provides $37 million in financing for Cleveland redevelopment Berkadia provided $37.9 million in financing for The Euclid Grand, a mixed-use historic redevelopment in downtown Cleveland that will feature 239 apartment units, 196 parking spaces and 21,000 square feet of retail.
Net Lease i Ohio Boulder Group closes $2.8 million CVS sale in Ohio The Boulder Group completed the sale of a single-tenant net-leased CVS Pharmacy property at 3825 Monticello Blvd. in Cleveland Heights, Ohio, for $2.8 million.
Legal Midwest National security concerns can block or unwind your real estate deal Recent federal legislation aimed at reforming the review process of the Committee on Foreign Investment (“CFIUS”) and expanding the authority will bring more real estate transactions within CFIUS’s reach.
CRE i Ohio Midwest Commercial Real Estate Hall of Fame: Bock & Clark's Hengle Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, honoring the top real estate professionals working throughout the Midwest. This year, we are also running these profiles online. Today, we look at the busy career of Laura Hengle, director of marketing with the Akron, Ohio, office of Bock & Clark Corporation.
Finance i Ohio KeyBank provides $6 million in financing for historic Cleveland building KeyBank Community Development Lending & Investment has provided $6 million in construction financing to Woda Cooper Communities for the acquisition and substantial rehabilitation of the Stuyvesant Motor building in Cleveland.
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.