Business Specialties
CMBS Late Payments Starting to Mushroom
The scope of delayed payments is expected to increase for loans secured by certain asset types, according to data released by the CRE Finance Council.
Mid-America Real Estate Arranges Detroit-Area Retail Deal
Vice President Carly Gallagher Kelly, along with Principals Ben Wineman and Daniel Stern, assisted the seller.
Cushman & Wakefield Closes Suburban Philly Retail Sale
The 151,000-square-foot, fully leased Lawnside Commons changed hands for nearly $32 million.
Caesars Entertainment, VICI Properties to Sell Gaming Resort
Twin River Worldwide Holdings will acquire the New Jersey hotel and casino property following the closing of an all-cash transaction.
Velocis Expands DC-Area Portfolio With $71M Buy
The private equity management firm has purchased a 10-story building in Rosslyn, Va., marking its sixth property in the metro.
The William Warren Group Acquires Phoenix Storage Asset
Skymar Capital Corp. provided a $6.5 million acquisition loan for the purchase of the 740-unit facility.
Congress Approves $484B Coronavirus Relief Bill
The legislation is designed to supplement the $2.2 trillion CARES Act that became law at the end of March.
Transwestern to Lease Atlanta MOB Portfolio
The owner invested $12 million in the three-building, 370,000-square-foot property located within the Emory St. Joseph’s Hospital campus.
Coronavirus Puts Detroit Office Market to the Test
Colliers Senior Vice President Patrich Jett provides a detailed analysis of the metro’s recent evolution and discusses how the first month of lockdown impacted the market.
Easing the Stress for Owners and Tenants
Pebb Capital’s Todd Rosenberg and Ophir Sternberg of Lionheart Capital on the landlord-occupant dynamic, rent payment strategies, government support and other key issues.