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.
ING Finances Sony Building Purchase
The new owner of the 37-story tower in Manhattan’s Plaza District is looking to add value by rebranding, renovating and reconfiguring the existing space.
MGM to Buy Boyd’s Half of Borgata in Atlantic City
MGM Resorts is shelling out $900 million to acquire Boyd Gaming’s 50 percent interest in the Borgata Hotel Casino & Spa.
Spanish Hotelier to Establish Beachheads in US
Iberostar is entering the U.S. hospitality market with hotels in New York City and Miami.
Boston Properties Makes Splashy Entrance into Metro LA
The company is shelling out more than $500 million to acquire a 49.8 percent interest in Santa Monica’s Colorado Center.
The Conditions of the Ares Capital-American Capital Deal
The $3.4 billion deal between American Capital Ltd. and Ares Capital Corp. is conditioned on the successful sale of American Capital Mortgage Management LLC to American Capital Agency Corp.
Atlanta Tower Lands High-Profile Tenant
The Metro Atlanta Chamber is relocating Downtown later this year.
Hilton’s Latest Brand to Join D.C.’s Pike & Rose Development
The Canopy by Hilton Washington, D.C. Bethesda North is the latest brand to join Federal Realty’s mixed-use development.
Digital Realty Picks Up Euro-Portfolio for $874M
Following last year’s major expansion, Digital Realty Trust has acquired eight data centers from California-based Equinix.
Related Midwest to Develop Massive Downtown Chicago Site
Related Midwest is teaming up with the previous sole owner to turn a 62-acre South Loop site into a mixed-use development.
PREI + (PREI) = PGIM Real Estate
Due to great international growth, Prudential Real Estate Investors will soon operate under one brand at a global level.