Business Specialties
CA Raises the Bar for Solar
Landmark regulations will affect multifamily development. The rules aim to cut the state’s carbon footprint but raise concerns about increased costs.
Banner Oak Closes 2 Funds Totaling $800M
The Dallas-based company’s latest investment vehicles are intended to provide equity capital to real estate operating platforms at both the enterprise and property levels.
Simon Property Turbocharges EV Efforts
The retail REIT is expanding its electric vehicle facilities with new charging stations at more than 30 properties.
Closeup on Corporate PPAs
Customers should ensure that power purchase agreements for renewables address pricing risk, ScottMadden advises.
Louisiana’s Margaritaville Resort Casino to Sell for $376M
In separate transactions, VICI Properties will acquire the Bossier City, La., gaming destination’s real estate properties, while Penn National Gaming will purchase the operating assets.
Charlotte Office Park Scores $119M Refi
Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.
Capital Development Kicks Off 2.3 MSF Savannah Project
The $125 million logistics campus located about 10 miles from the busy Georgia port is set to include two buildings, the first of which is slated for occupancy by April 2019.
Industrial Dominates Net-Lease Sales
Despite a dip since the fourth quarter of 2017, the industrial sector led single-tenant sales volume for the third time in a row during the first quarter, reaching $5.5 billion.
Q&A: Inside Angel Oak’s Small-Balance Strategy
Ben Easterlin, managing director of Angel Oak Commercial Lending, discusses the capital markets landscape as well as the strategy behind the company’s acquisition of Cherrywood Mortgage.
It’s All About the Income
What should investors expect as the current cycle enters its ninth year? Ken Riggs, president of Situs RERC, discusses the outlook for risks and returns.