Business Specialties

Behind the Scenes of Pittsburgh’s Hazelwood Green

Project Director Rebecca Flora discusses how the sustainable mixed-use development along the city’s waterfront is a result of shifting office demand in the growing metro.

Starwood Capital Trades Nashville Hotel for $80M

Pacific Western Bank provided the buyer of the 296-key Embassy Suites with more than $60 million in acquisition financing.

David Pascale, Senior Vice President, George Smith Partners

Q&A: Keeping Your Head When Interest Rates Are Lowered

A watchful Fed is expected to cut rates again. Here’s what borrowers and lenders need to know, according to George Smith Partners’ David Pascale.

Park Hotels Lands $950M in Financing for Chesapeake Acquisition

The previously announced merger between the two REITs is expected to close by the end of the month.

Denver Mid-Rises Trade for $72M

DPC Cos. and Bridge Investment Group sold two 11-story buildings located within the Denver Tech Center.

REIT Closes $123M in Southern California Acquisitions, Sales

Rexford Industrial Realty has added five properties totaling nearly a half-million square feet to its portfolio in separate transactions, and partially financed the purchases with two dispositions.

Realty Income to Buy $1.3B Retail Portfolio

In addition to more than 450 single-tenant commercial assets, the buyer will pick up approximately $131 million of debt held by the seller.

Winner Announced for $260M Miami-Dade Courthouse Bid

The firm will be the design-build contractor in a public-private partnership delivering the project in early 2024, to replace the existing 1928 facility.

Brooklyn Industrial Asset Commands $81M

Terreno Realty expanded its presence in New York with the acquisition of the 192,000-square-foot asset in the East Williamsburg neighborhood.

Blackstone Sells Phoenix’s Largest Resort

Trinity Real Estate and Elliott Management have acquired JW Marriott Desert Ridge, a 396-acre luxury property.