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.
First NNN Technology Trading Platform Debuts
Brokers + Engineers will launch with two products, one offering predictive pricing and a second providing 1031 advisory to exchangers, leveraging artificial intelligence, as it takes aim at the estimated $6.5 trillion net lease market.
SIOR Names New CEO
Association and industry veteran Jim Hirt comes to the Society of Industrial and Office REALTORS after more than five years as CEO of the American Society of Appraisers.
Allianz Takes Stake in Times Square Tower
The purchase from SL Green capped a year of investments in U.S. real estate that reached $3.5 billion for the company, which now has $16.3 billion in assets under management nationwide.
Griffin Closes Nashville’s Top 2017 Office Deal
An entity owned by Syed Shamim of Bahrain bought the 530,000-square-foot One Century Place. Transwestern will continue as property manager of the Class A building.
Griffin Sells DreamWorks Animation HQ for $290M
Newmark Knight Frank represented the seller but also arranged the financing for the buyer, LA Hana OW LLC, an entity of Hana Asset Management and Ocean West. The property is 100 percent triple-net leased through 2035 to the studio.
NY-Area Retail Centers Land $663M Refi
The refinanced portfolio comprises 98.1 percent leased retail centers anchored by grocery stores, including ShopRite, Aldi, Home Depot and more. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years.
Hotel Construction Pipeline for US, Africa, Middle East: STR Report
The hotel market data and benchmarking firm’s October 2017 Pipeline Report saw some slowing in the U.S. hotel construction, with cities like New York, Houston, Los Angeles and Seattle seeing year-over-year decreases in construction of hotel rooms.
Most Expensive High Streets in the World: C&W Report
The global real estate services firm released the 29th edition of its “Main Streets Across the World” report, which tracks 451 of the top retail streets, ranking the most expensive in 68 countries by their prime rental value.
CREW Network Impact Awards: Top Scores
CREW Network’s 2017 Impact Award winners have achieved success in their deals, communities and careers, drawing on creativity, commitment and strong relationships.
CIM Group to Expand With Purchase of Cole Capital
VEREIT may receive as much as $200 million, composed of $120 million in cash at closing and as much as $80 million in fees to be paid under a six-year service agreement based on Cole’s future revenues.