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.
Mall Owners Troubled but Unsurprised by Anchor Closures
Despite the sobering picture created by a long list of struggling retailers, the current disruption also reflects well-known retail cycles.
NexPoint Advisors Announces $900M Merger
The company has agreed to acquire self storage owner and investor Jernigan Capital in an all-cash transaction.
CMBS Delinquencies Appear to Stabilize—For Now
The latest report from the Kroll Bond Rating Agency on the $286 billion of commercial mortgage-backed securities it tracks indicates delinquencies could be leveling off.
Logistics Real Estate Set for ‘Brisk Recovery’ in Prologis Report
The outlines of a projected V-shaped recession for industrial real estate appear in Prologis’ latest survey of logistics end users.
Amazon to Open 7th Distribution Center in Tennessee
Along with a heavy investment in robotics, the facility will employ more than 1,000 associates.
Nonresidential Construction to Decline, AIA Report Says
Spending on nonresidential building, having already fallen over the last few months, is projected to decline through at least part of 2021, according to a new forecast from the American Institute of Architects.
New Jersey Industrial Park Lands $104M in Construction Loans
Cushman & Wakefield arranged the funding for Advance Realty Investors and Greek Development, which are planning a 3.2 million-square-foot project in metro Philadelphia.
Sterling Bay Lands $175M for Chicago Mixed-Use Project
The three-part financing package, which includes a crowd-sourced equity component, will enable the company to move forward with its multifamily, hotel and retail development at 300 N. Michigan Ave.
How COVID-19 Is Shaping Health-Care Real Estate: JLL
A new report from JLL highlights three trends in health-care real estate being accelerated by the response to the coronavirus.
JV Buys Broward County’s Largest Office Tower
Ten Capital Management and its co-general partner Somerset Properties are the new owners of a 400,000-plus-square-foot building in Fort Lauderdale, Fla.