Finance
RER Sentiment Index: CRE Industry Still Looks Good—For Now
Industry executives remain cautiously optimistic about commercial real estate in 2016.
Digital Realty Picks Up Euro-Portfolio for $874M
Following last year’s major expansion, Digital Realty Trust has acquired eight data centers from California-based Equinix.
Healthcare REIT Acquires CHI Medical Office Facilities for $324M
Physicians Realty Trust shelled out $324 million to acquire 26 medical office facilities.
Red Rock Resorts Bets on Palms Casino Resort in Las Vegas
Red Rock Resorts subsidiary Station Casinos LLC has reached a definitive agreement to acquire the upscale resort.
Newmark Holdings Grabs Long Island City Office Asset
A joint venture between Newmark Holdings and Olmstead Properties paid $60 million for an office tower in Queens.
Watt Companies Names New Chief Financial Officer
Brian Burdzinski brings valuable experience both within the company and elsewhere to his new C-suite role.
CIT Survey: CRE Execs Divided About Outlook for 2016
The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.
HCP to Focus on High-Growth Sectors after Spinning-Off HCRManorCare
Five years after acquiring HCR ManorCare and its $6.1 billion portfolio, HCP decided the challenges facing that part of the industry were holding back growth of its core healthcare sectors.
Colliers Arranges $133M Refi for Historic Boston Office Building
The funds for the 11-story Park Square Building in the Back Bay were secured through Aareal Capital on behalf of Capital Properties.
Chicago Skyline Changer to Get Underway
Magellan Development Group, together with China-based Dalian Wanda, will break ground this summer on what will become the Windy City’s third-tallest building.