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Plymouth Industrial, Madison International Form $150M Equity JV
The partnership’s first investment will be a 28-property portfolio in Memphis, Tenn.
Manchester Financial Group Lands $212M for Navy HQ
The term loan replaces the construction financing on the newly completed office tower, which is part of a 3 million-square-foot mixed-use development on the San Diego waterfront.
Amid Office Changes, Workplace Strategies Are Evolving
Hybrid work models and a focus on data will be key going forward, according to experts at CoreNet Global’s Virtual Summit.
Allianz Real Estate Provides $150M Loan for Boston Tower
The borrowers will use the funds to refinance 265 Franklin, a 21-story office building in the city’s Financial District.
Top 5 Markets for Office Deliveries
The metros account for almost 30 percent of the square footage that reached completion over the first eight months of 2020.
CRE’s Bid-Ask Spread Widens: Moody’s
As buyers and sellers approach deals from widely divergent valuation standpoints, transaction velocity is stalling.
Blackstone to Pay $1.2B for Simply Self Storage
The company last traded in 2016, when Brookfield Asset Management acquired it for $830 million.
The Climate Factor in CRE Investment Strategy
As losses mount and premiums rise, risks posed by extreme weather are drawing heightened scrutiny from industry stakeholders.
LaSalle Launches Global Navigator Fund
The firm secured $320 million in founding capital commitments for its latest fund that will focus on the U.S., Europe and Asia.
Taubman Centers Sells 760 KSF Connecticut Mall
An arm of home furnishings maker Safavieh acquired Stamford Town Center from the REIT, with plans to revitalize the nearly four-decade-old property.