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.
Thor Equities to Buy Paris Office Building for $56M
The asset, located in the popular Saint-Germain district, is considered an architectural landmark and is occupied by French bank Société Générale.
HBO Picks $350M Culver City Project for New HQ
The cable network will relocate its corporate home from Santa Monica to Ivy Station, a transit-oriented development in the West Los Angeles area.
JLL Secures $67M for Downtown Manhattan Mixed-Use
Developers East End Capital and K Property Group are moving forward with construction of the 63,000-square-foot office and retail property, with financing from Capital Source and Canyon Partners Real Estate.
JV Lands $165M Refi for Denver Mixed-Use Project
McWhinney, Grand American Inc. and Sage Hospitality are using the long-term debt arranged by HFF to refinance the construction loan for Dairy Block in the LoDo district.
JV to Develop Major Industrial Park in SC Opportunity Zone
EJF Capital and North Signal Capital teamed up to develop as much as 4 million square feet in the master-planned RiverPort property, located roughly 10 miles from the growing Port of Savannah in Georgia.
The Rising Prominence of CRE CLOs
Commercial real estate CLOs enjoyed a banner 2018 as year-over-year volume nearly doubled. Deal size has also been increasing, but some uncertainty surrounds the vehicles’ prospects for 2019.
Seattle Office Towers Trade in Record-Breaking $740M Deal
USAA Real Estate and Touchstone’s sale of the Troy Block marks the largest single-asset real estate transaction in the city’s history.
Cousins, TIER REITS to Merge in $7.8B All-Stock Deal
The deal, expected to be completed in the third quarter, would create the preeminent Sun Belt office REIT, with 21 million square feet of Class A trophy office properties in hot markets like Austin and Atlanta.
New York Life REI Originates $94M for Bay Area Office Asset
The 20-year mortgage will be used to finance the redevelopment of Westlake Realty Group’s nine-story, 118,000-square-foot headquarters in San Mateo.
Costly Upgrades Loom for US Transmission Grid
Infrastructure and distribution upgrades needed to handle increased electrification demands could cost up to $90 billion by 2030 and several times more by 2050.