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.
JLL Spark Forms $100M Global Venture Fund
The new vehicle will focus on tech startups that help JLL investor and occupier clients or that invent new technology-enabled business models in the company’s traditional service areas.
CLG Hedge Fund Originates $105M Construction Loan for TX Hotel
The Sam Moon Group broke ground on the Hyatt Regency Stonebriar, an 18-story, 303-key hotel that will be built on to the Stonebriar Center mall and feature a conference center and public library.
LaSalle Makes Major Double Acquisition from Aviva Investors
The deal is expected to close later this year and will make the firm one of the five largest global non-listed indirect real estate investment managers.
Columbia Property Sells Manhattan Office Asset for $333M
NYU Langone Medical Center has a 30-year triple net lease for the 390,000-square-foot building, which was recently converted for use as a multispecialty ambulatory care facility.
Cammeby’s Completes Office-Retail Building in Brooklyn
The 161,000-square-foot property is 50 percent leased and is part of the larger Neptune/Sixth project that will feature more retail and apartments in a nearby 42-story tower.
Retail Investment to Gain Momentum After Sluggish Start to 2018
JLL largely attributed the drop in investment to caution and the perception that current retail returns are not commiserate with current valuations.
Coretrust Picks Up 640 KSF Pasadena Office Campus
The company paid $260 million for Corporate Center Pasadena and is set to invest more than $90 million to upgrade and reposition the four-building asset.
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.
Stable Industrial Investments Spur Sale-Leaseback Deals
A Marcus & Millichap report found that the new federal tax laws that favor leasing over owning also contribute to a growing number of industrial sale-leaseback transactions.
Irvine Co. Boosts SoCal Grid With Electric Hybrids
A 21-building Orange County portfolio will contribute as much as 10 megawatts during peak demand.