Finance

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.

CIT Group Funds Portion of Industrial Portfolio

The firm’s real estate finance unit worked with BKM Capital Partners to provide financing and other services for the purchase of three properties in an 11-asset industrial portfolio.

Simpson Organization Scores $48M Recap for Atlanta Office Portfolio

The company acquired the two-building, 348,399-square-foot property in 2015 for $53.4 million.

Grocery store interior. Image via Pixabay

Slate Retail REIT Nails Down $858M Refi

The debt refinancing package will help the grocery-anchored investment specialist capitalize on a robust pipeline of acquisition opportunities.