Finance
DLA Piper Report: CRE Execs in the Caution Zone
DLA Piper’s latest State of the Market Survey explains why investors remain cautiously optimistic about commercial real estate in 2016.
Hudson Yards to Have Big Impact on NYC Economy
Upon completion, the massive mixed-use project is expected to add nearly $19 billion to the city’s GDP, according to a new report released by Related Cos. and Oxford Properties Group.
PAC Acquires Grocery-Anchored Portfolio in the Sunbelt for $68.7M
Preferred Apartment Comunities of Atlanta paid nearly $70 million for six grocery-anchored shopping centers in the Sun Belt area.
HFF Facilitates Sale of Fort Lauderdale-Area Retail Asset
A 16.20-acre grocery-anchored retail center has changed hands in Plantation, Fla.
Equity Commonwealth to Sell Hoboken Office Asset for Tidy Sum
Equity Commonwealth will sell the 13-story tower to Mack-Cali Realty Corp.
Lone Star Closes Fifth CRE Fund with Money to Spare
The Dallas-based company closed its fifth commercial real estate fund with $5.5 billion in commitments.
Pontus Capital Secures $109M Loan for National Retail Portfolio
HFF managed to secure a $109 million acquisition loan for Pontus Capital to purchase a 61-asset retail portfolio in the Eastern U.S. and Northern California.
GE Capital, Western Alliance Finalize Hotel Finance Loan Portfolio Sale
Western Alliance Bank has completed the acquisition of GE Capital’s Franchise Finance U.S. hotel business.
W. P. Carey Closes Major Sale-Leaseback Deal
The net lease REIT has expanded its industrial portfolio with the closing of a $217 million sale-leaseback deal with Fronterra Building Products.
HFF Lines Up Financing for Suburban Philly Shopping Center
In a deal facilitated by HFF, The Hampshire Cos. and MCB Real Estate received a $21.7 million acquisition loan for Drexeline Shopping Center in Drexel Hill, Pa.