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PHILADELPHIA-The funding comes in 250 points below construction capital for the 1,200-bed student housing complex near Temple University.
MANCHESTER, PA-Equilibrium Equities gets 33 acres for Heritage Business Park. The plan is to start work on a 200,000-sf building in Q3 2007.
CLEVELAND-Reisenfeld & Co. sells the 109,547-sf shopping center to an investor who exchanges his multifamily properties for a better cap rate.
RADNOR, PA-The REIT's operating partnership is selling $300 million of exchangeable notes and tickets $45 million for options.
PLAINFIELD, IN-MetroAir Three is the second building in the 56-acre master-planned industrial park under development by a McShane/Horn JV.
HARRISBURG, PA-In its opening round, the gaming control board issues five of seven Category 1 licenses earmarked for horse-racing tracks.
ARDMORE, PA-Strategic Realty Investments and Vaughan & Sons partner to develop the 28-unit Cambridge Square.
CHICAGO-Joseph Mikes moves up to director of development for the Central region while Chris McGrath takes the VP of development post.