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.
Lionstone Investments Closes Latest Value-Add Fund at $745M
Surpassing its initial target, the company re-engaged the investors from its previous fund and added new overseas partners.
Matter Real Estate’s $400M Las Vegas Project Begins to Rise
Nevada’s first project built to WELL Certification standards will bring half a million square feet of office space and more than 800 residential units.
Velocity Financial Lands $375M in New Funding
The financing consists of a $175 million term loan and a $200 million warehouse facility.
STAG Industrial Boosts Credit Facility Capacity by $250M
The REIT, which specializes in single-tenant industrial properties, also refinanced a $300 million unsecured term loan.
Brookfield Properties Plans Inland Empire Industrial Project
The company has acquired 16 properties in Southern California over the past 12 months.
LCN Closes Latest Sale-Leaseback Funds at $1.3B
The North American and European equity commitments are the company’s largest yet.
Ventas Nails Down $2.8B Unsecured Credit Facility
The accordion feature extends the company’s borrowing capacity to $3.75 billion.
Ares Closes $667M CRE CLO
The closing comes amid signs that collateralized loan obligation volume could rebound significantly this year, though it may remain well below the level recorded in 2019.
CapRock Closes $250M Industrial Value-Add Fund
Including co-investment vehicles, the commitments enable the company to acquire as much as $1 billion in assets.
Where Office Sales Volume Shot Up Last Year: IRR
Only a relative handful of metro areas are in an expansion mode, according to a new report from Integra Realty Resources.