Greg Isaacson
Greg Isaacson is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. He has been writing about the real estate industry in the U.S. and Asia Pacific since 2014. Connect with him on Twitter: @gregisaacson
South Florida Hotel Project Scores $72M Loan
Menin Development is building a 141-key hospitality property to be operated by Hilton in Delray Beach. Madison Realty Capital provided financing.
Billionaire Buys Former McDonald’s HQ Campus
The quick-service restaurant chain sold the 80-acre site in Oak Brook, Ill., to John Paul DeJoria, following the company’s move to downtown Chicago last year.
JV Obtains Mezzanine Loan for Brooklyn Project
Bluestone Group has provided $8 million in financing for the mixed-use property that Cornell Realty Management and LIVWRK are co-developing in Williamsburg.
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
Flood Buzz Devices Detect Water Leaks
Archetype’s products emit loud alarms to protect facilities from water intrusion, which can cause extensive structural damage and costly mold problems.
Ashford to Pay $275M for Hotel Management Platform
The Dallas-based company has agreed to purchase the platform from Remington. The business provides services for two Ashford-advised REITs and oversees nearly 90 hospitality properties.
Fallon Co. Pre-Leases 125 KSF for Raleigh Tower
Pendo, a tech startup, will move its headquarters to the Class A office building, part of the Fallon Co.’s planned mixed-use development in downtown Raleigh.
CenterPoint Expands NJ Manufacturing Building
The developer broke ground on its first vertical construction project in the state, a 73,000-square-foot expansion of a facility in Somerset.
Amazon-Leased Logistics Hub Completed in Phoenix
Graycor delivered the roughly 569,000-square-foot, Class A facility that the e-commerce giant will use as a fulfillment center. The building is part of a master-planned bulk distribution park.
HFF Advises CNL on $1.25B Portfolio Sale
HFF Securities Senior Managing Directors Steve Hentschel and Ted Flagg, along with HFF Managing Directors Evan Kovac and Ben Appel, as well as Directors Andrew Milne, Zach Drozda and Anthony Frogameni, represented the seller.