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.
MetLife CRE Lending Tops $14B in 2015
MetLife Inc.’s real estate investment group hit $14.3 billion in CRE lending in 2015, a record for the insurance giant.
Johnson Controls-Tyco Merger Disrupts FM Sector
The facilities management giants announced their merger, which will move Johnson Controls to Ireland and create an industrial powerhouse.
Legg Mason Diversifies Revenues with Clarion Partners Buy
Legg Mason’s $585 million purchase of Clarion Partners “will diversify Legg Mason’s assets and revenue stream to benefit our shareholders,” according to the company’s CEO.
New Alliance to Serve Hotel Sector’s Capital Market Needs
Interstate Hotels & Resorts has formed a strategic alliance with Hospitality Funding to better serve its clients pursuing hotel projects.
DLA Piper Adds Space in Manhattan
The global law firm signed a 15-year, 200,000-square-foot lease extension at 1251 Avenue of the Americas, with plans to build new office space across five floors.
High-Altitude Resort to Get High-Quality Upgrades
The Vail Cascade Resort and Spa in Vail, Colo., is getting a major facelift with a $35 million renovation and repositioning by Laurus Corp. and Ethika Investments.
W.P. Carey Picks Up Third Hotel in Germany
W.P. Carey Inc. purchased a majority stake in the Wyndham Stuttgart Airport Messe hotel, located near one of Germany’s busiest airports.
RPAI Tallies Impressive Totals for 2015
Retail Properties of America Inc. ended 2015 strong, with total investment activity of $979.5 million and and capital markets activity of more than $1 billion.
Colliers Grows U.S. Practice with Purchase of London Firm
Colliers International’s acquisition of leading London property firm Hatton Real Estate will strengthen its investment and office agency practice in the U.K.
Pru-Led JV Buys OC Office Campus
Prudential Real Estate Investors and McCarthy Cook & Co. have acquired MetroCenter at South Coast, an 800,800-square-foot office campus in Costa Mesa, Calif.