Finance
Hersha Hospitality Refinances $300M Term Loan
The REIT took advantage of the interest rate environment to fix or hedge most of its outstanding debt in recent months, including refinancing two Manhattan hotels.
London Mixed-Use Tower Lands $121M Loan
LaSalle Investment’s Real Estate Debt Strategies III fund financed Manhattan Loft Gardens, a 42-story hotel and residential tower.
Vintage New Jersey Mall Eyed for 21st-Century Makeover
With a $73 million loan in hand, Advance Realty Investors will transform an early-1970s property into a modern open-air center.
East Bay Office Asset Scores $113M in Financing
The nine-story Perkins + Will-designed property that recently came online is fully leased to a life sciences tenant roster including six companies.
Los Angeles Industrial Asset Commands $104M
Westcore Properties sold a 543,000-square-foot facility in Santa Fe Springs, Calif. With this acquisition, the buyer’s industrial portfolio in the metro increased to 2.2 million square feet.
San Diego Office Portfolio Trades for $16M
JLL represented LBA Realty in the disposition of two single-tenant assets totaling 60,139 square feet.
How Trade Wars Affect CRE, the Economy
How do trade policies affect the real estate industry? Economist Hugh Kelly surveys lessons from economic history and looks ahead to the likely impacts.
Executive Q&A: Inland Group’s Joe Cosenza
Inland Real Estate Group’s Co-Founder Joe Cosenza on 50 years of industry change, today’s most attractive asset categories and why he’s not sweating all the recession talk.
Family Office Investment Strategies
The stewards of family wealth are raising their profile, snapping up trophy towers, Sunbelt communities and everything in between. What’s behind their often opaque investments?
Transactions: September 2019
A selection of noteworthy deals announced between 15 July – 22 August 2019.