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.
Berkadia Secures $107M for 7 M-F Properties in Las Vegas
A portfolio of seven multi-family properties in Las Vegas owned by Interwest Capital and Angelo, Gordon & Co. received $107 million in financing arranged by Berkadia Commercial Mortgage.
C&W Arranges Financing for 2.5 MSF Office, Retail Complex in Atlanta
Capital improvements will be made at Peachtree Center in downtown Atlanta, thanks to $182 million in financing obtained by Cushman & Wakefield for owner Banyan Street Capital and its foreign equity partner.
RCS to Acquire Cole Capital for $700M
American Realty Capital Properties is selling Cole Capital to sister company RCS Capital Corp. for at least $700 million in a deal described as “strategically and financially important to RCAP.”
Durst JV Invests $1.5B in Astoria, Queens
Best known for developing and managing Manhattan office towers, The Durst Organization is investing $1.5 billion in a residential and retail development at Hallets Point on the Astoria, Queens, waterfront.
First Potomac Buys 11 Dupont Circle
First Potomac Realty Trust is adding to its Washington, D.C., office holdings with the purchase of 11 Dupont Circle, a nine-story, 155,713-square-foot mixed-use building.
Ross Stores Buys 1372 Broadway from Starwood Capital
The off-price apparel retailer acquired the leasehold interest in the 572,000-square-foot office building in Midtown Manhattan.
Cassidy Turley to Merge with DTZ Consortium
Cassidy Turley has entered into an agreement with an affiliate of DTZ Investment Holdings to be sold to the consortium by the end of the year.
CBRE, Blanca Tapped to Lease Office, Retail at New 3 MSF TOD in Miami
CBRE and Blanca Commercial have signed on to lease the respective retail and office space at MiamiCentral, Miami’s first urban mixed-use transit-oriented development.
Boston Properties Sells Interest in Office Buildings to Norges Bank for $1.5B
Norges Bank Investment Management, Norway’s sovereign wealth fund, continues picking up prime office assets in the United States.
BREAKING NEWS: Washington Prime Group to Acquire Glimcher for $4.3B
The combined portfolio would have 119 retail properties with approximately 68 million square feet of gross leaseable area.