Business Specialties
Calif. Wind Energy Fuels 1.2M Homes
Turning to the wind, the Environment California Research & Policy Center has revealed significant growth in the state’s wind power sector.
Thor to Grow its Harlem Holdings
Thor Equities has agreed to buy two adjacent mixed-use buildings for $75.5 million.
Warm Climate: Refinancing Conditions Favor Borrowers in 2016
With maturity looming for a hefty chunk of the commercial real estate debt originated during the market peak a decade ago, the demand for refinancing will continue unabated in 2016. According to the CRE Finance Council, some $700 billion of loans will come due in 2016 and 2017, on the heels of $700 billion in 2014 and 2015.
Brennan Investment Boosts its Orlando Presence
The industrial real estate investment firm just snapped up a 254,900-square-foot portfolio.
SoHo Building Receives $100M Refi Loan
A six-story office and retail building is set to be repositioned and upgraded with the help of a generous loan.
Healthcare Program Acquired by Kaiser Permanente
Kaiser Permanente and Group Health Cooperative have agreed on a deal to merge healthcare programs.
U-Haul Storage Facility Opens in Williamsport
U-Haul’s sustainability initiatives bring a new storage facility at 238 Penn St. in Williamsport.
ThePad on Harvard Soon to Add Retail, Hotel
A $35 million transit-oriented development is expanding with a hotel and retail space near the College Park, Ga. MARTA Station and Hotel Indigo.
Stone Mountain Portfolio Commands $135M
A joint venture between Ackerman & Co. and Investcorp has acquired a 4.1 million-square-foot industrial portfolio.
Charlotte’s Toringdon Office Park Sold for $114.4M
Stockbridge Capital Group/Trinity Capital Advisors recently sold the 519,698-square-foot Toringdon Office Park in the desirable Ballantyne submarket.