Finance
Sonnenblick-Eichner Lines Up $27M for Santa Monica Retail Project
The development is taking shape in a pedestrian-only area.
McCormack Obtains Refi for DFW Industrial Asset
Protective Life Insurance Co. provided $20.5 million for the 334,750-square-foot building.
Fed Pauses on Raising Interest Rates, For Now
More increases could be ahead later this year, according to the central bank.
Birtcher Lands $49M for Inland Empire Development
The industrial project is set to come online in the first quarter of 2024.
PGIM JV Obtains $180M Loan for New Jersey Project
This suburban Philadelphia logistics facility is scheduled for delivery in the fourth quarter.
Innovo Property Group Lands $354M for Queens Industrial Project
Goldman Sachs provided part of the equity financing.
CRE Expects a Rate Hike Pause. Here’s What It Means.
The Fed’s next move depends on economic data, experts say.
Costello Expects CRE Debt to Outperform GFC
MSCI Real Assets’ chief economist tells NAREE conference to look for challenges in 2023 and 2024.
Kentwood Ventures Lands $38M for Phoenix Project
JLL Capital Markets arranged the equity financing and construction loan.
Kennedy Wilson Sells $2B Construction Loan Portfolio
The deal represents most of a package the firm acquired from a regional bank last month.