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.
BGC Acquires Berkeley Point, Minority Stake in New CRE Biz
The company and its affiliate Cantor Fitzgerald paid $875 million to purchase the capital solutions provider, and invested an additional $100 million in finance and investment business CF Real Estate Finance Holdings LP.
Newmark Knight Frank to Buy 6 IRR Offices
This acquisition will continue an expansion of the company’s valuation & advisory practice that has been ongoing for at least a year.
Downtown San Diego Tower Trades for $110M
Rockwood Capital is the new owner of 600 B St., a 24-story, 360,000-square-foot Class A office high-rise that covers one city block in the downtown area.
Creative Office Project Breezes Through Brooklyn
The Hudson Cos. began construction on the Breeze, a three-story project totaling 100,000 square feet of office and retail space at 315 Meserole St. in East Williamsburg.
Duke Makes Big Strides at Lehigh Valley Park
Lehigh Valley in Pennsylvania continues to attract industrial tenants, as Duke Realty Corp. leased its recently delivered warehouse and started construction of a new industrial property in the same logistics park.
Most Sectors Near Peak, But Crash Unlikely: RCLCO
A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.
Northwestern Mutual’s New HQ Opens in Milwaukee
The 1.1 million-square-foot project on Lake Michigan will house about 2,400 employees, relocating them from the company’s downtown and Franklin campuses.
The MOB Cure: CBRE Report
Although the niche faces uncertainties surrounding federal health care policy, the demographics behind medical office building demand offer strong reasons for optimism.
AY to Oversee Sale of Major NC Master-Planned Community
The previous ownership had invested more than $100 million in improvements, including infrastructure such as roads, water, sewer, power, natural gas and fiber-optic service.
Blackstone to Buy Energy MLP Specialists
The group is acquiring Harvest Fund Advisors, an independent investment management firm with more than $10 billion in assets under its umbrella.