Featured
WeWork Inks 236 KSF Lease in New York City
The coworking giant’s lease makes up nearly a third of CIM Group’s 1440 Broadway. WeWork will also get a private entrance and lobby at the building.
Long Island City Tower 1st Big Winner of Amazon Move
A report by global credit rating agency DBRS looks at the impact on CMBS and other commercial real estate implications of the e-commerce giant’s decision to locate one of its HQ2 sites in the submarket.
MGM Resorts to Receive $638M for Vegas Property Repositioning
MGM Growth Properties will pay the global entertainment company for the transformation of the former Monte Carlo Resort and Casino into the new Park MGM and NoMad Las Vegas hotels.
South Florida’s CRE Market: What to Expect in 2019
Colliers International’s Executive Managing Director Kenneth Krasnow addresses the region’s best performing sector and what will continue to drive growth in the next 12 months.
HFF Arranges $180M Loan for Class A Industrial Portfolio
A joint venture between Bixby Land Co. and an institutional partner used an initial $48.9 million in funding to acquire four buildings across California and Arizona.
Vantage Data Centers Expands into Canada
The Santa Clara, Calif.-based wholesale data center provider will add assets in Montreal and Quebec City when the $200 million acquisition of 4Degrees Colocation is completed.
White Oak Healthcare Buys $700M Loan Portfolio
Capital One Healthcare and its participant banks sold the group of skilled nursing and senior housing loans to the company.
JV Sells Office Asset Near Tampa for $40M
The St. Petersburg, Fla., property commanded twice the price paid by Convergent Capital Partners and Denholtz Associates only two years ago.
JV Sells $72M Long Island City Industrial Building
Less than two years after buying the asset, the joint venture between Metropolitan Realty Associates and TH Real Estate sold the property for a tidy profit.
AD1 Global Acquires $93M Hotel Portfolio
Seller Lingerfelt Commonwealth Partners spent $8.5 million on renovating the properties during its three-year ownership. The five assets are located in Orlando, Atlanta and Charlotte. N.C.