Allison Landa
Sterling to Raise $730M in Capital
The agreement is part of Sterling’s major recapitalization plan.
Smooth Ride: Ed Padilla Leads NorthMarq Capital’s Steady Growth
This year Ed Padilla marks his 10th anniversary as CEO of NorthMarq Capital, the Minneapolis-based real estate investment bank that has climbed to the elite ranks of real estate mortgage banking on his watch.
Economist’s View: Get Ready for a Robust Job Recovery
We believe the United States will gain 3 million to 3.5 million jobs a year in each of the next three years.
Sustainable Building Gains Ground in CRE
Is building green the path to greater profits? That’s the question developers continue to ask themselves when evaluating whether to go after Leadership in Energy and Environmental Design certification. Increasingly, the answer is yes.
Lab Supplies Provider Picks Fresno Area for New 500,000-SF West Coast Distribution Center
The company’s new facility will be operational in 2012.
HFF Arranges $79M Refinancing for Miami’s Shops at Sunset Place
The open-air Miami mall is located near U.S. Route 1 in the city’s southern area.
Morrows Tapped as Executive VP, Co-Director of Leasing for RFR Realty
He will share responsibility for overseeing RFR’s six million-square-foot commercial leasing portfolio with fellow executive vice president and co-director of leasing Richard Farley.
Land Purchase Paves Way for Rock Gaming’s $600M Cleveland Casino
Rock’s deal with Forest City involves 16 acres of land downtown in the city’s entertainment district including a parcel adjacent to Tower City Center–where Forest City owns two million square feet of commercial space–as well as a segment of the Riverview parking lot.
General Growth Says Blackstone Plans $500M Investment
General Growth filed for bankruptcy in April 2009. At the time, it listed assets of $29.6 billion and debts of $27.3 billion. Earlier this year a consortium of Blackstone, The Fairholme Fund and Pershing Square Capital Management said they would provide as much as $8.5 billion to finance the company’s bankruptcy emergence.
Supergen Inks 30,000 SF Lease Renewal at Dublin Corporate Center
The center is managed by Tishman Speyer, which said the lease renewal will retain the company’s headquarters at the office campus through year-end 2015.