Finance

Dilweg Cos. Cashes In on Sarasota Office Sale

A joint venture purchased the 247,947-square-foot property and plans to invest up to $10 million in upgrades.

Qualified Opportunity Zone Fund Closes at $465M

Cresset Partners and Diversified Real Estate Capital are riding the wave of the successful capital raise with the launch of a follow-on vehicle.

Should the Rising Deficit Worry CRE Executives?

The climbing deficit was a frequent topic at the National Association for Business Economics annual economic policy conference.

It’s Not Just the Economy, Stupid!

Moody’s Chief Economist Mark Zandi debated with political commentator Charlie Cook about whether financial or emotional concerns will determine the outcome of the 2020 election.

One Marina Park Drive. Image courtesy of JLL

Transactions: March 2020

A selection of noteworthy deals announced between Dec. 2, 2019 and Jan. 22, 2020.

Crowdfunding Picks Up the Pace

Platforms that allow retail investors to participate in the market are experiencing steady growth but have yet to weather a market slump.

Kara McShane

A Conversation With Wells Fargo’s New Head of CRE

Veteran finance executive Kara McShane discusses her goals at the nation’s top CRE lender.

Image via Pixabay.com

Economist’s View: Investment Is About Expected Returns

A drop-off in business confidence is an indicator of an uncertain future, notes economist Hugh F. Kelly.

JPMorgan Chase to Restrict Fossil Fuel Project Funding

The announcement follows similar pledges made by several European banks and by Goldman Sachs, which was also the first U.S. bank to announce limits on fossil fuel funding.

NKF Arranges $30M Refi for Inland Empire Retail Center

Vice Chairmen Dustin Stolly, Jordan Roeschlaub and David Milestone secured the five-year, floating-rate loan from CIT Bank.