Business Specialties
Portman, Georgia Tech Announce Major Mixed-Use Project in Atlanta’s Tech Square
The High Performance Computing Center, or Coda, is a $375 million development currently underway at Atlanta’s Tech Square.
GE Capital, Western Alliance Finalize Hotel Finance Loan Portfolio Sale
Western Alliance Bank has completed the acquisition of GE Capital’s Franchise Finance U.S. hotel business.
W. P. Carey Closes Major Sale-Leaseback Deal
The net lease REIT has expanded its industrial portfolio with the closing of a $217 million sale-leaseback deal with Fronterra Building Products.
Hilton Worldwide Announces CEO, CFO of REIT Spin-Off
Hilton’s new real estate investment trust will take shape later this year with Thomas Baltimore Jr. and Sean Dell’Orto at the helm.
Pharma Company Plans $200M Manufacturing Expansion in Waco, Texas
The expansion will add 322,000 square feet of manufacturing space to the major pharmaceutical company’s existing facility, and contribute $840 million to the Central Texas economy.
HFF Lines Up Financing for Suburban Philly Shopping Center
In a deal facilitated by HFF, The Hampshire Cos. and MCB Real Estate received a $21.7 million acquisition loan for Drexeline Shopping Center in Drexel Hill, Pa.
How Developers Can Secure Loans in a Tight Lending Environment
CPE sat down with Dekel Capital Founder Shlomi Ronen at the 2016 ULI Spring Meeting to discuss how developers can stand out in the stricter lending environment.
78 Kmart and Sears Stores to Close in July and September Nationwide
Nearly 80 Kmart and Sears stores will shut down this summer.
Capella Washington, D.C., Hotel Sells for $65M, Gets New Brand, Management
Now rebranded as the Rosewood Washington, D.C., the 49-key ultra-luxury Georgetown hotel will be managed by Rosewood Hotels & Resorts.
Economy Watch Weekly: CRE Lending, Development to Pick Up
Economy Editor Dees Stribling brings some good news for the commercial real estate industry, with industry reports pointing to an increase in construction lending and activity later this year, for the week ending April 22, 2016.
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