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Blackstone Makes $4.6B Deal in Las Vegas
The private equity giant’s REIT formed a joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay.
Hines Completes First Closing of $1.4B European Fund
Thirteen institutional investors made equity commitments totaling approximately $709 million to a core plus/value-add investment vehicle that will have leveraged buying power of roughly $3.3 billion.
ElmTree Funds Sells $900M Net Lease Portfolio
The firm sold the 18-property portfolio located in markets across the U.S., including Texas, Missouri and Alabama, to a global asset manager.
Mark Zandi on the Real Estate Economy in 2020
The chief economist at Moody’s Analytics believes the office market should start discounting for progressively slower job growth. Here’s what else he said about the year ahead.
North American CRE’s Outlook for 2020
Transwestern Commercial Services and Devencore’s 2020 sentiment survey unveils the expectations for the industry’s performance this year.
Top Facilities Management Trends
Aramark’s new report highlights areas where technology, people and operations intersect.
Kathy Farrell Says Truist Will Be a Lending Force
Kathy Farrell, head of CRE lending at the bank that resulted from the merger of BB&T and SunTrust, talks capital markets and strategy.
8 Tips to Turn Class B, C Offices More Energy Efficient
The latest Urban Land Institute report details low-to-no-cost measures to maximize these buildings’ performance.
Black Salmon JV Obtains $45M Loan for Orlando Tower
JLL Capital Markets arranged the financing for a 21-story office building in the city’s central business district.
Skanska Lands $48M Connecticut University Contract
The company will build a new home for the university’s health and human services departments.