Business Specialties
The Struggle Between Capital and Interest Rates
At DLA Piper Summit’s plenary session, industry veterans from Allianz Real Estate, Blackstone, USAA, Brookfield and Ventas reflected on the relationship between shrinking interest rates and the trainloads of capital looking for suitable opportunities.
Skanska Creates Tool for Calculating Embodied CO2 in Construction Materials
The EC3 tool was initially conceived by Skanska and developed with C Change Labs. Later, Skanska and Microsoft jointly seed-funded it as an open-source platform.
Financing Paves Way for 550 KSF Dallas Mixed-Use
JMJ Development landed a $32.5 million loan for the purchase of a 2.5-acre site where it plans to build a hotel and residential tower.
Donohoe Grows Hotel Management Portfolio by 1,106 Rooms
The company’s management portfolio is set to more than double in the next 36 months, reaching a total of 3,142 guestrooms across five states.
Natixis Introduces Green Weighting Factor
This makes Natixis the first bank in the world to adopt a tool that actively manages the climate impact of its balance sheet, going beyond reporting.
National Instruments Sells Austin Office Asset for $35M
The buyer is a discretionary institutional commercial real estate fund formed in 2012, represented in its first foray into the market by Madison Marquette.
First Ground-Up OZ Project Comes to Miami Design District
BH3 is set to develop a retail building on two adjacent parcels near Interstate 195, halfway between Miami International and Miami Beach.
Pennsylvania Distribution Center Commands $43M
Black Creek Group acquired the 456,810-square-foot asset in Shiremanstown. JLL assisted the seller in the disposition.
US Storage Centers Delivers Los Angeles-Area Facility
The firm has expanded its footprint with the completion of a 1,440-unit storage asset in Compton, Calif.
Skanska to Renovate University of Cincinnati College of Law
The construction company has signed a $32 million contract, with the project scheduled to kick off in July 2020 and be completed by late 2021.