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Most Sectors Near Peak, But Crash Unlikely: RCLCO
A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.
UC Funds Launches New Product
In a constrained lending environment, non-traditional lenders are offering increased flexibility. Daniel Palmier, president & CEO of UC Funds, explains what factors sponsors should consider when looking for a financing partner.
Demographic Shifts Pick Up Speed in Orange County
Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand in Orange County, pushing up rents and keeping occupancy over 96 percent.
Northwestern Mutual’s New HQ Opens in Milwaukee
The 1.1 million-square-foot project on Lake Michigan will house about 2,400 employees, relocating them from the company’s downtown and Franklin campuses.
LG Electronics Breaks Ground on 1MSF TN Factory
The highly automated facility will produce front- and top-load washing machines, turning out a new appliance every 10 seconds, while the change between models will be performed in less than four minutes.
SL Green, Vornado Snag $1.2B Refi for Manhattan Tower
The new loan on the 280 Park Ave. office building, now 97 percent leased following its emergence from a sweeping $150 million renovation, replaces the $900 million refinancing secured in 2016.
doTerra Expands Corporate Campus in Utah
The essential oils company continues its growth in Pleasant Grove with a new office building, a medical clinic and an expanded manufacturing facility. Plans also call for the creation of 950 jobs over the next three years.
NKF Adds Net-Lease Vets to Team
The company has appointed Ken Hedrick as executive managing director, while Jerry Hopkins and Andrew Ragsdale will become senior managing directors.
SSGT Invests in Massachusetts
The 840-unit self-storage facility in Nantucket is 91 percent leased and is one of a host of assets the REIT has snapped up across the U.S. this year.
Large Houston Mixed-Use Portfolio Changes Hands
The H.I.G. Realty Partners joint venture acquired more than 2 million square feet of office space, as well as three adjoining retail centers.