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.
New Cleveland Hospital Tops Out
The construction of the 11-story hospital is part of MetroHealth’s $1 billion plan to modernize its buildings and properties.
CMBS Delinquency Rate Declines Again, Trepp Finds
The Trepp CMBS delinquency rate for August dropped to 9.08 percent from 9.6 percent in July.
Construction Financing and the COVID-19 Challenge
Project sponsors should expect tighter underwriting, higher cost of capital and more limited options.
Hines Global Acquires Silicon Valley Industrial Portfolio
DRA Advisors sold the 417,000-square-foot Advanced Manufacturing Portfolio in Santa Clara for $107.1 million.
JV Sells Boston Office, Lab Complex for $330M
Newmark Knight Frank represented sellers Marcus Partners and The Davis Cos. and procured the buyer of the property, which includes the potential for additional life sciences development.
Miami-Area Office Building Lands $38M Refi
New York Life Real Estate Investors provided the loan for Encore Capital Management’s property within the mixed-use Plantation Walk development near Fort Lauderdale, Fla.
Blackstone Sells 1.2 MSF Warehouse Portfolio
The purchase of the eight-building collection of properties in the Greenville-Spartanburg market marks the buyer’s first acquisition in South Carolina.
Net Metering Dodges a Bullet, But More Challenges Loom
FERC unanimously rejected a petition seeking to end state and local jurisdiction over net metering programs, but solar advocates warn that future regulatory changes could increase rates for owners.
Zions Bancorporation Begins Construction of Utah Campus
The bank’s 400,000-square-foot technology and operations center will house more than 2,000 employees and target LEED Platinum certification.
Cambria Hotels Opens 2 New Properties
The latest additions to the upscale brand are in Ocean City, Md., and Rohnert, Calif., in Northern California’s wine country.