Scott Baltic
Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect’s Newspaper. He earned a master’s in journalism from Northwestern University’s Medill School of Journalism and has a bachelor’s from North Park University.
Four Seasons’ Debut in New Orleans
Carpenter & Co. and Woodward Interests are converting the long-vacant World Trade Center New Orleans into a luxury hotel with upper floors for private residences.
Vornado JV Closes $800M Refi for Madison Avenue Tower
The new fixed-rate loan on the 600,000-square-foot Manhattan office building has a substantially lower interest rate and matures nearly 10 years later than the loan it replaces.
To Maximize Investments in Logistics Assets, Know the Terrain
Understanding the four main types of properties in the modern supply chain is essential to maximizing ROI, Prologis contends in a new report.
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.
Americold Realty Trust’s $308M Expansion
The REIT’s agreement to acquire Nova Cold Logistics, a Canadian cold-storage operator, coincides with Americold’s purchase of two facilities in the Mid-Atlantic region.
Selig’s $530M Mixed-Use Atlanta Tower Gets Funding
Cushman & Wakefield arranged construction financing and equity investment for the Midtown development, which will feature office, hotel and residential space.
Monmouth Lands Larger, Extended Revolving Credit Facility
The New Jersey-based net-lease industrial REIT negotiated a total of $300 million in unsecured credit, along with an accordion feature, extended maturities and interest-rate swap.
What’s Behind Stepped-Up Demand for MOBs
The health-care job market and industry consolidation are just two of the key forces shaping this vibrant sector, Marcus & Millichap reports.
Benjamin Moore’s Expansion in Dallas-Forth Worth
The lease of a 238,000-square-foot facility in Lewisville, Texas, more than doubles the paint manufacturer’s presence in the metro.
CoreSite Boosts Borrowing Capacity to $1.2B
The multi-lender arrangement extends the data center REIT’s debt maturity profile and expands its credit facility.