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Wednesday, August 5, 2020
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Quaker Arts, an apartment project that caters to arts community, gains financing

Alliant Capital has closed financing for  Quaker Arts.  The project will feature 53 family units for tenants whose income is between 30 and 80 percent of the Area Median Income (“AMI”). Preference will be given...
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Jos. Bank and MBNA’s heyday

Good afternoon, News that the California company that owns Jos. A. Bank and Men's Wearhouse filed for Chapter 11 protection brought to mind tales from the glory days of MBNA. You might remember MBNA had a...
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Sussex County buys land in Inland Bays watershed

Sussex County has purchased several acres of land in the Inland Bays watershed to protect it from future development, preserving it as open space. County Administrator Todd F. Lawson announced during the County Council meeting...
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Offices reopen but working from home remains widespread in Wilmington & suburbs

A survey from The Wilmington Alliance and the commercial real estate firm of  Newmark Knight Frank indicates that office tenants have no major short or long term plans to reduce their occupancy levels The report...
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Luxury apartment project at Bancroft Mills site to open early next year

More than 300 luxury apartments are coming to the former site of Bancroft Mills in Wilmington early next year. Capano Management announced that The Falls will consist of more than 340 units, with the opening...
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Transportation Infrastructure panel makes project recommendations

The Transportation Infrastructure Investment Fund (TIIF) Council  has made its first recommendations for project funding to Secretary of Transportation Jennifer Cohan and Secretary of State Jeffrey Bullock. Recommended recipients of funds  include Incyte Corp.,which plans...
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Galman opens first phase of renovated apartment complex in Newark

Following a  $41 million acquisition of  Newark properties, The Galman Group announced Monday it has completed the first stage of its planned $30 million investment in the residential communities at the Lehigh Flats and...
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Brooks Brothers files for bankruptcy protection in Delaware

Brooks Brothers filed for Chapter 11 protection in U.S. Bankruptcy Court, Wilmington. The company is looking for a buyer for the iconic men's and women's wear brand that has seen demand for its suits plunge...
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Personnel file: DuPont, WSFS, Cinnaire, Botanic Gardens, Beebe, BHHS Fox & Roach, ...

DuPont appoints diversity chief DuPont announced that Kimberly Markiewicz has been appointed Vice President, Diversity, Equity & Inclusion (DE&I). She will report to Darrell Ford, Chief Human Resources Officer. In this role, Markiewicz will advance DuPont’s...
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State foreclosure, eviction prevention programs announced

Gov.  John Carney, Attorney General Kathy Jennings, Delaware State Housing Authority (DSHA) Director Anas Ben Addi and Justice of the Peace Court Chief Magistrate Alan Davis announced a joint effort on foreclosure and eviction...