Deals
BKM Adds Light Industrial Portfolio to Phoenix-Area Holdings
All three industrial properties feature a host of value-add opportunities.
Extra Space Storage Buys Honolulu Property for $29M
In a $29 million deal, the Utah-based REIT acquired the Diamond Head Self Storage facility in Honolulu.
American Healthcare REIT Buys in Sacramento as Market Heats Up
Sacramento is heating up in terms of its residential market, and investors are hoping improvement will translate to the commercial side.
CRE Merger Mania Continues with JBG-NYRT Deal
New York REIT Inc. is set to acquire the majority of JBG’s properties, together with its management business.
NRIG-West Completes Tacoma Retail Center Deal
Given the property characteristics, the price reflects how much the Pacific Northwest has heated up.
Downtown Seattle Hotel Sold by Owning REIT
The asset ended the past 12 months at strong occupancy, and a high ADR.
Boston Properties Makes Splashy Entrance into Metro LA
The company is shelling out more than $500 million to acquire a 49.8 percent interest in Santa Monica’s Colorado Center.
Trophy Office Tower Trades in Sizzling Miami
Sumitomo’s acquisition of the Miami Tower is the latest in a series of high-profile deals in the bustling South Florida office market.
Spruce and Investec Close $120M Loan for US Home Solar Financing
The $120 million loan demonstrated market interest in Spruce’s business and growth.
Starwood, Brookfield Sell German Hotel Portfolio
The joint venture partners will hand over a 4,131-key portfolio to FDM Management.