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Warner Bros. to Move Into 2 New LA-Area Office Buildings
The company’s 800,000-square-foot lease with Worthe Real Estate Group and Stockbridge Real Estate Fund is part of a complex set of deals that will play out through 2023.
MOB Portfolios Change Hands for $90M
In three separate deals, CBRE has facilitated the sale of 23 medical office buildings, 13 of which are situated in the Chicago area.
Industrial CRE Yield Compression Continues Globally
In a new study of 63 markets around the world, CBRE finds that 47 of them experienced a year-over-year decline in logistics real estate yields in 2018.
MRP Realty Recapitalizes Downtown Philadelphia Portfolio
The company has partnered with Goldman Sachs to refinance a collection of three office buildings and a large parking garage.
Homewood Suites By Hilton Debuts in Colorado Ski Country
The 84-key property is located in the Rocky Mountains, a few miles from downtown Steamboat Springs and Steamboat Ski Resort.
Pier 57 Owners Obtain $375M Refi
RXR and Youngwoo are the recipients of the refinancing package, as they move to complete the renovation of the Manhattan property, with Google as their prime tenant.
Landmark Indiana Plant Closes $260M Financing
Brightmark Energy’s facility in Ashley, Ind., will hold the distinction of being the first plastics-to-fuel plant in the U.S.
New York Life REI Provides $915M for Industrial Portfolios
Singapore-based Mapletree Investments’ 17.2 million-square-foot collection of assets, consisting of 100 buildings across the U.S., served as collateral for the fixed-rate financing.
Meridian Capital Arranges $100M Refi for Manhattan Office
Princeton International Properties owns the 25-story building in the borough’s Financial District. The property includes more than 18,000 square feet of retail space.
Growth Potential in New Construction for PACE Industry
With energy consumption, carbon emissions and climate change becoming more pressing issues, many panelists at PACENation Summit in Austin were optimistic about C-PACE’s future.