Fishers, Indiana-headquartered First Internet Bank has hired J. Blake Sanderson as first vice president of commercial real estate acquisition, development and construction. In his new role, Sanderson will work to further expand relationships and a portfolio currently...
One of the largest construction loans in recent years has been arranged for a 100-acre artificial intelligence (AI) data center in Utah. The Wall Street Journal reports JPMorgan Chase and Starwood Property Trust are lending $2 billion for the data center campus in...
One of Connecticut’s most iconic historic buildings has been listed for sale at $4.95 million. The 70,000-square-foot Waterbury Union Station building serves as the headquarters for the Republican-American newspaper. The Hartford Business Journal reports the listing...
The delinquency rate for commercial mortgage-backed securities (CMBS) dropped for the second consecutive month after six months of increases, according to data from Trepp Inc. February’s overall delinquency rate decreased 26 basis points to 6.30%. One year ago, the...
The real estate development firm Webstar Technology Group (OTCQB: WBSR) has partnered with Nelson Worldwide Architects to design its proposed $650 million Bear Village mixed-use family resort destination in Commerce, Georgia. According to the companies, the 120-acre...
The real estate investment trust Highwoods Properties Inc. (NYSE: HIW) has acquired Advance Auto Parts Tower, a 20-story, Class AA office tower located in the North Hills Best Business District of Raleigh, North Carolina. The 346,000-square-foot, LEED-gold certified...
