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VICI Properties Provides $400M Mortgage to Caesars Entertainment
The loan between the two companies, which have numerous connections, is secured by the Caesars Forum Convention Center in Las Vegas.
Boutique Manhattan Office Tower Tops Out
Sweden’s Klövern AB partnered with New York City-based GDS Development for the 12-story project in Chelsea.
Women Shine in Real Estate: CREW Network 2020
The virtual convention from Sept. 15-17 brought together both newcomers and executives from across the industry.
Commercial Construction Could Be Rebounding: US Chamber
The new Commercial Construction Index from the U.S. Chamber of Commerce is still far below the first quarter.
Seefried Industrial Properties Delivers $237M Amazon Facility
The robotic distribution center stands 70 feet tall, allowing for 3 million square feet of fulfillment space.
REBNY Nominates Douglas Durst as Next Chairman
The chairman of Manhattan real estate heavyweight The Durst Organization would succeed Bill Rubin in the trade association’s top spot.
Retail-to-Logistics Conversions Won’t Be Quick or Easy: Prologis
The report also questions whether shopping center owners will want to forego retail rents for lower industrial rates.
CIM Group Debuts Gallery Tower in Las Vegas
The project marks the first ground-up hotel to be built in the downtown area in more than 10 years.
Aligned Closes $1B Credit Facility—With Green Strings Attached
The terms of the facility are pegged to the data center provider’s performance on sustainability metrics.
Lineage Logistics Raises $1.6B for Cold Storage Growth
An array of investors including Oxford Properties Group is banking on rising demand for food distribution.