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.
Office Asset Near O’Hare Lands $148M Refi
Angelo Gordon and Glenstar Properties’ Chicago property recently underwent a major renovation.
Archway Capital Launches $150M Distressed Lending Program
The firm cited increasing borrower demand for debt and equity in complex transactions.
Florida’s Largest Warehouse Commands $127M
Cushman & Wakefield arranged the sale on behalf of Reich Brothers and secured acquisition financing.
Boston Properties, CPP Investments, GIC Form Co-Investment Program
The platform, initially funded by the three partners at $1 billion, will target office properties in major U.S. markets.
Mohr Capital Starts Reno-Area Industrial Facility
The 596,000-square-foot building is the developer’s first project in Nevada.
JV Gets $296M Refi for Downtown Chicago Office Tower
JLL’s Capital Markets group secured the loan on behalf of Hines, American Realty Advisors and Diversified Real Estate Capital.
How CRE CLOs Are Bouncing Back
Volume has already topped 2019’s record high of $19.2 billion, according to Kroll Bond Rating Agency.
Rubicon Point Closes $232M Commingled Fund
Current allocations include two projects in the Bay Area and one in the Puget Sound region.
OPI Pays $550M for Pair of Office Buildings
Located in Chicago and Atlanta, the Class A properties feature blue-chip tenant rosters.
How Positivity Is Building in CRE Circles
As the recovery continues, both the CRE Finance Council Index and RCLCO Market Sentiment Index rise to levels not seen in several years.