Finance

KBR Tower in Houston

W.P. Carey to Exit Office Sector

The REIT is spinning off part of its portfolio into a separate entity and selling the rest.

Fed Holds Steady—for Now

The central bank has paused its interest rate hikes, though its war on inflation is far from over.

Totaling 111,129 square feet, the building at 2947 Brick Church Pike is one of the four properties included in the industrial portfolio. Image courtesy of CommercialEdge.

EverWest Secures $61M for Industrial Portfolio

The properties are nearly 100 percent occupied.

The Fed’s Next Move: CRE Experts React

Veterans see opportunities for long-term success if the industry can weather the pain in the near term.

Mercy Health Eastgate Medical Center in Cincinnati is part of Kayne Anderson's health-care portfolio. Image courtesy of CommercialEdge

Kayne Anderson Buys $1.3B MOB Loan Portfolio

JLL Capital Markets represented the seller, Synovus Bank.

At full build out, Cherokee Commerce Center 85 will encompass 3.6 million square feet. Image courtesy of Ware Malcomb

$415M Industrial Park Secures Phase 1 Financing

Upon completion, Glenstar’s development will feature 3.6 million square feet.

PGIM Real Estate Executive Director Trent Brown

Alere Property Group Lands $455M Refi for SoCal Portfolio

The industrial assets comprise 3 million square feet.

240 Bedford Ave

Brooklyn Retail Property Lands $90M Refi

Apollo Global Management provided the financing.

8West

Atlantic Cos. Lands $59M Refi for Atlanta Asset

Proceeds retire a maturing construction loan.

Michael Klein, Senior Managing Director, JLL

Brennan JV Lands Financing for Industrial Outdoor Storage Buy

American Truck & Trailer sold the property in a sale-leaseback deal.