Gail Kalinoski
Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor’s degree in journalism from Pace University.
Portland Mixed-Use Project Moves Ahead With $460M Loan
George Smith Partners secured the financing for BPM Real Estate Group from an affiliate of Mosaic Real Estate Investors. The 35-story development will bring a five-star hotel, office, residential and retail space.
Starwood Capital JV Buys 650 KSF Office Campus
The company has teamed up with Trinity Capital Advisors and Vanderbilt Partners to acquire and renovate Park Point at Research Triangle Park in Raleigh, N.C.
Luxury Hotel Joins New Rochelle’s Renewal
The $64 million TRYP by Wyndham is part of the city’s 12 million-square-foot revitalization and will be the largest hotel built in Westchester County, N.Y., in two decades.
Upbeat Outlook for Office Investment: Report
The Mid-Year Office Investor Sentiment Report by Real Capital Markets finds investors are looking to make deals, with $200 billion in dry power yet to be deployed in commercial real estate.
Levcor Refinances Houston Entertainment Center
JLL’s Capital Markets team secured the $68 million loan, which will recapitalize existing debt. LoanCore provided the non-recourse, floating-rate financing.
Short-Term Rentals Costing States Millions: Report
A study commissioned by the American Hotel & Lodging Association contends that Airbnb’s agreements with state and local jurisdictions will cost millions in lost tax revenue.
Situs, American Mortgage Consultants to Merge
The agreement between the two firms will combine their commercial and residential real estate services, as well as their technology offerings to clients across the globe.
Onni Group Lands $550M Loan for Miracle Mile Asset in LA
The Canada-based company bought 5700 and 5750 Wilshire Blvd., also known as Wilshire Courtyard, from Tishman Speyer for $630 million.
Dallas Office Campus Changes Hands
The nearly 170,000-square-foot property is located across from the Dallas Midtown redevelopment site at the Valley View Mall, where two major mixed-use projects are planned.
BB&T, SunTrust Take Big Lease at Charlotte Trophy Tower
With a merger in the works, the financial institutions commit to more than half of Cousins Properties’ 970,000-square-foot Hearst Tower. Also included in the deal: an option to buy the property.