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.
London Hotel Portfolio Changes Hands for $1.3B
Queensgate Investments acquired the four upscale properties from Grange Hotels and has an agreement with Fattal Hotel Group, which will reposition and run the properties.
Inside JLL’s $2B Deal for HFF
The proposed deal is expected to help the buyer accelerate its plan to double its capital markets business, as well as boost its debt advisory business in Europe and the Asia Pacific region.
Blackstone Sells Downtown Philadelphia Hotel
A new owner has emerged for the 757-key property, which will regain the Sheraton brand following a $28 million renovation as part of a new franchise agreement with Marriott International.
Mack-Cali to Sell Suburban Office/Flex Assets for $488M
The office and multifamily REIT plans to sell 56 properties in Westchester County, N.Y., and Fairfield County, Conn., to an affiliate of the Robert Martin Co.
Madison International Grows Footprint in Poland
The company has acquired a majority interest in Capital Park SA, a major investor and developer that trades on the Warsaw stock exchange.
CBRE Ranks Top Life Sciences Markets
The report names the leading clusters for manufacturing, testing and R&D in the fields of biotechnology, pharmaceuticals and medical devices.
Berkadia Acquires CPCP, Launches Structured Capital Group
Central Park Capital Partners, led by Noam Franklin, has diverse domestic and international finance relationships and is part of Berkadia’s strategy of becoming a one-stop shop.
Lincoln Property, Angelo Gordon Acquire SoCal Office Portfolio
The collection of six Class B properties totals nearly 400,000 square feet and comprises assets in four Orange County, Calif., communities.
Top Concern for CRE Execs: Interest Rates
Executives also worry that a recession may be on the way, according to Seyfarth Shaw’s fourth annual Real Estate Market Sentiment Survey.
Hines Buys German Office Portfolio for $341M
The purchase, which includes 13 buildings and totals more than 295,275 square feet, marks the fund’s second acquisition of its kind in Stuttgart.