Barbra Murray

Sentinel, Paragon Merge Into New CRE Firm

The two practices united to create CREDE, which will provide services across all asset classes.

New Details Revealed for $7.5B Las Vegas Smart City Project

Bleutech Park Properties’ mammoth development aims to become the first net-zero, smart, connected and safe city in the world.

NYC Architect Tapped for $313M Detroit Adaptive Reuse

Bedrock selected ODA New York for the mixed-use redevelopment of the historic Book Tower property.

Saltbox to Debut Novel Shared Workspace Concept in Atlanta

The new startup, which has just closed a round of venture funding, will open its first co-warehousing location in November.

New Low for Quick-Service Restaurant Cap Rates

The e-commerce-resistant QSR category logged a significant year-over-year decrease in acquisition yields, according to The Boulder Group’s new report.

REIT Closes $123M in Southern California Acquisitions, Sales

Rexford Industrial Realty has added five properties totaling nearly a half-million square feet to its portfolio in separate transactions, and partially financed the purchases with two dispositions.

Aimbridge Hospitality, Interstate Hotels to Merge

The combined company will be a global force in third-party management, providing services to a portfolio of more than 1,400 properties spanning 20 countries.

Image via Pixabay

How Interest Rates Are Altering the CRE Outlook

A new report from UBS Asset Management’s Real Estate & Private Markets outlines the impact of economic trends on the industry.

Two Liberty Center. Image courtesy of JLL

Hines, Oaktree Capital Management Make $93M Arlington Deal

JLL represented Westbrook Partners in the disposition of the 178,700-square-foot building and orchestrated an acquisition loan for the buyer.

7990 Quantum Drive. Image courtesy of Phillips Realty Capital

Virginia Data Center Lands $67M Refi

Element Critical will use the proceeds to expand the facility, which is located in the world’s largest data center market.