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.
Dallas-Area Infill Industrial Portfolio Sells
JLL Capital Markets brokered the deal on behalf of buyers Birtcher Anderson and Belay Investment Group and also arranged the acquisition financing.
Under Pandemic Pressure, Capital Markets Adapt
A special report from Marcus & Millichap suggests that, despite all of the pandemic’s disruption to the CRE sector, the capital markets side is adapting quite well.
Elion Partners Expands West Coast Last-Mile Portfolio
The company’s $83 million acquisition comprises logistics assets in the San Diego, Bay Area and Seattle metros. Separately, Elion also acquired a last-mile property in Florida.
Life Company Commercial Mortgage Returns Stabilize: Trepp
Credit concerns continue to dampen appreciation, according to the firm’s latest index.
Ford Unveils Plans for 30-Acre Detroit Redevelopment
The 1.2 million-square-foot “mobility innovation district” is centered on the former Michigan Central train station near downtown and will eventually accommodate 5,000 employees.
Flex Office Providers Optimistic: Savills
Although concerns over the short term remain, 76 percent of respondents to the firm’s survey showed confidence in the sector for the next 12 months.
Hotel Properties Remain Under Pressure: CBRE
New York City, Boston and San Francisco saw the steepest RevPAR drops, according to the firm’s third quarter report.
AllianceBernstein Launches European Debt Platform
The launch is a partnership with Lacarne Capital and aims for both direct lending and secondary participations in a variety of commercial real estate investments across Europe.
IPA Finds Optimism Amid Retail Weakness
Year-end retail sales could top 2019’s, according to Institutional Property Advisors.
Ventas, GIC Form JV to Develop Life Science Space
The joint venture encompasses four projects under development in two states, representing a combined investment of $930 million.