CALMWATER CAPITAL PROVIDES ACQUISITION AND REDEVELOPMENT LOAN FOR PNC PLAZA BUILDING IN DOWNTOWN COLUMBUS
Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. The sponsor plans to redevelop the property, located at 155 E. Broad St., into a mixed-use property comprising residential, office and hotel space. More...
Before the Ohio General Assembly adjourned its session last month it handed landlords a big win with the passage of legislation aimed at curbing harassment-for-profit by local fair housing organizations.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000.
Following Veterans Day, U.S. Sen. Sherrod Brown (D-OH) announced $33,408 in federal funding to provide rental assistance paired with health services for homeless veterans in Akron as part of the U.S. Department of Housing and Urban Development-Veterans Affairs Supportive Housing (HUD-VASH) voucher program. Brown is ranking member of the Banking, Housing, and Urban Affairs Committee
U.S. Sen. Sherrod Brown (D-OH) today announced $1,650,000 in federal funding for Erie County to remove lead and other health hazards in local homes to protect children and families from the life-long health effects of lead exposure. The U.S. Department of Housing and Urban Development (HUD) funding will address lead hazards in 80 housing units to provide safer homes for low and very low-income families with children. The Health Department will work with the Lorain County General Health District to facilitate the program.
Groffre Investments has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former J&L Steel Lagoons property in Louisville.
The Transit Tech Ohio project has been awarded a $6.8 million Transportation Investment Generating Economic Recovery (TIGER) grant. The money will be used to help rural transit agencies purchase hardware and software that allows them to schedule and dispatch transit vehicles.
U.S. Congressman Pat Tiberi (R-OH), a member of the Ways and Means Committee, today announced that a Central Ohio organization will receive New Markets Tax Credit allocations from the Department of the Treasury Community Development Financial Institutions Fund.
Congressman Tim Ryan is announcing that $45 million in federal funds has been allocated to the Development Fund of Western Reserve Inc. to support economic development projects that will create quality jobs and provide commercial and community goods and services to residents throughout the organization’s 18-county service area in Northeast Ohio
During its monthly meeting, the Ohio Tax Credit Authority reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Together the projects are expected to result in more than $89 million in new payroll and $150 million in investment across Ohio.
State Senator Tom Patton (R-Strongsville) today announced $600,000 in new state funding for Cleveland State University's cutting-edge project to develop and manufacture ultraconductive copper wire.
State Senator Troy Balderson (R-Zanesville) today applauded the announcement that BASF Corporation is considering Pickaway County to expand its operations, potentially creating 48 new full-time jobs.
During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $21 million in new payroll, and spur nearly $111 million in investment across Ohio.
Ohio Treasurer Josh Mandel’s office hosted a Center for Public Investment Management (CPIM) conference today at the Cuyahoga Valley Career Center. CPIM provides local government investment officers with continuing education training as they work to safeguard taxpayer dollars.
State Senator Troy Balderson (R-Zanesville) welcomed news that PTT Global Chemical (PTTGC) and its Japanese-based project partner, Marubeni Corporation, have selected a potential site in Belmont County for construction of a world-scale petrochemical complex.
CPIM provides local government investment officers with continuing education training as they work to safeguard taxpayer dollars.
Sen. Brown Announces Nearly $450,000 to Spur Economic Development and Manufacturing Innovation in Lima
Sen. Sherrod Brown announced that the U.S. Department of Commerce’s (DOC) Economic Development Administration (EDA) has awarded $449,950 to the Ohio Energy and Advanced Manufacturing Center in Lima for a Center for High Strain Rate Forming Commercialization.
WASHINGTON, D.C. - August 21, 2013 - (RealEstateRama) -- A former foundry site, active from 1897 until 1981, has been investigated and cleaned to commercial or industrial standards thanks to the voluntary efforts of the city of Dayton. The nearly 8-acre NIBCO property, located at 1800 McCall St., is now ready for redevelopment.
Cleveland Midtown District Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action...
WASHINGTON, D.C. - May 24, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner and developer, a brownfield in the Midtown District has been investigated and remediated under Ohio EPA’s Voluntary Action Program(VAP), and is attracting new business.
Northbrook, IL - May 9, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a net leased Family Dollar property located at 300 State Street in Jeffersonville, Ohio for $768,000.
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