Nuveen Green Capital and Brandywine Realty Trust announced the closing of $87.3 million in C-PACE financing, including $30 million of capital for future tenants at 3151 Market Street in Schuylkill Yards, a $3.5 billion master-planned development project in West Philadelphia. Financing is administered by the Philadelphia Energy Authority. The transaction represents the largest C-PACE financing...
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QuadReal Property Group has appointed Candice Todd to its board. Todd brings global financial expertise, performance and investment management experience and leadership in governance activities. She most recently served as managing director and CFO at Morgan Stanley Real Estate Investments. Yousry Bissada has joined HomeEquity Bank as president and CEO. Bissada has 30-plus years of...
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Lifetime Developments and DiamondCorp have launched construction of a major waterfront condominium project in downtown Toronto, pressing ahead with a large-scale build despite a broader slowdown in the condo market. The two developers have broken ground on Q Tower, a 60-storey residential building planned for 200 Queens Quay West that will deliver nearly 980 condominium...
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Calgary’s retail-property inventory expanded by nearly 700,000 square feet in 2025, reflecting a year of steady new supply amid tightening market conditions, says a new report from Barclay Street Real Estate. According to the company’s fourth-quarter 2025 market analysis, total retail inventory reached approximately 45.6 million square feet by year end, with new space delivered...
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A joint venture planning to build affordable housing in San Antonio has secured $107 million in financing for the project. Opportunity Home issued $64 million in bonds through a public facility corporation, Cedar Rapids Bank and Trust loaned the project $37 million and the City of San Antonio came up with $6 million in affordable...
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April Housing, Blackstone Real Estate’s affordable housing portfolio company, re-opened the West Virginia Park Apartments after renovating 204 units in an affordable housing community in Dallas, Texas. Originally built in 2004, the community now features modernized one-, two-, and three-bedroom townhome-style apartments, along with revamped amenities, including the clubhouse and pool. Renovations included: Renovated kitchens...
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AE Amer, a modular-built apartment developer, says it can build a 59-unit apartment complex in Greensboro in 60 days. AE Amer is building The Lubu, a new 59-unit multifamily community at 2603 W. Gate City Blvd. The 58,824-square-foot, three-story building has an estimated building cost of $9.4 million. The Triad Business Journal reports the company...
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Landmark Properties purchased a 22.35-acre land parcel near the University of South Carolina (USC). The land, located at 1401 Shop Road in Columbia, will be the site of The Walk on Shop Road, an 825-bed, 196-unit townhome-style student housing community located less than one mile from the USC campus and Williams-Brice Stadium. (photo) Sean Baird,...
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