Finance
Baltimore’s Port Covington Ramps Up After Financing Boost
The $5.5 billion project is kicking off vertical construction on more than 1.1 million square feet of mixed-use space.
Cushman & Wakefield Closes $16M Bay Area Office Deal
The company’s Kalil Jenab, Ben Paul and Steven Jenab assisted the buyer, Graymark Capital, and will market the Palo Alto, Calif., property following building upgrades.
BentallGreenOak Sells DC Office Asset for $59M
The new owner secured a $41.3 million seller carryback loan for the acquisition of the 157,050-square-foot office building.
Lending Trends in Southern California: Q&A
Banc of California’s Jared Wolff and Hamid Hussain on navigating turbulent times.
Connecting the World in 2021 Through (Fin)Tech
The pandemic has shaken up the world and brought to the forefront dormant tech trends. Kosta Ligris, Co-Founder of Stavvy, talks about the health crisis’ role as an accelerant for innovation across industries.
Portland’s Internet Exchange Building Trades for $326M
The sale marks the highest-priced single-property transaction in the state since 2015.
InSite Property Group Pays $47M for Portland Storage Portfolio
Goldman Sachs originated a $200 million line of credit for the company’s current purchase and future acquisitions.
Office Deals Falter, Though the Suburbs Fare a Bit Better: NAR
Transaction volume is also down for industrial, but prices continued to improve, a new National Association of Realtors study shows.
OPI Picks Up Metro Charlotte Office Asset for $35M
Built in 2019, the Class A property is home to RoundPoint Mortgage Servicing Corp.’s headquarters.
Atkins Cos. Obtains $25M for New Jersey MOB
JLL Capital Markets secured the financing for Atkins Kent Medical Building in West Orange.