Finance

Tenants That Answer Retail Owners’ Prayers

Religious organizations can be promising candidates to backfill big-box spaces, and financial institutions are fueling this trend, reports Centennial Bank’s David Druey.

CRE Lending Picks Up Speed

A midyear update on financing trends from CBRE Capital Markets. Brian Stoffers, global president of debt and structured finance, weighs in.

Talonvest Arranges $15M Acquisition Loan

The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.

Trammell Crow to Develop 700 KSF Baltimore Distribution Facility

Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.

Metro Miami Office Tower Sells for $19M

The Capstone Group acquired the 11-story, Class A building in West Palm Beach, Fla. Cushman & Wakefield assisted the seller and procured the financing for the buyer.

Federal Reserve Cuts Rates for 1st Time Since Recession

The quarter-point decrease is an attempt to boost lagging growth. Will it help or harm commercial real estate?

Global Mutual Buys Triangle Office Park for $81M

BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.

Sector-by-Sector Real Estate Review

Commercial real estate investors hope for the best as downturn looms.

Singapore-based investors were highly active in U.S. commercial property markets last year, including CapitaLand, which scooped up a 3,787-unit multifamily portfolio for a total of $838 million last September. The 16 communities acquired by the real estate firm in the western U.S. include (from top): Marquessa Villas, a 336-unit community in Corona, Calif., and Stoneridge at Cornell, a 233-unit asset in Portland, Ore. Images courtesy of CapitaLand Ltd.

Foreign Investment Moves Beyond the Gateways

Lofty prices and compressed yields are causing global buyers to prospect in other lucrative, business-friendly states such as Texas and Florida.

Institutional Insights: Return to Core Values

As market volatility mounts, these investors are shifting their property type and geographic exposures and taking advantage of the latest proptech innovations.