Finance

Adam Glanzman and Adam Gallistel

CBRE Investment Management Names Co-CEOs

A CBRE IM veteran and a top executive from another major investor will team up to head the company.

Real estate firm Davis acquired WestHealth, a three-building, 201,000-square-foot outpatient medical center in Plymouth, Minn., for $72 million from Harrison Street Real Estate

These CRE Transactions Typify an Interesting 2024

These weren’t the biggest transactions, but we didn’t want the year to close without highlighting these impressive agreements and the dealmakers behind them.

One Madison Avenue, a 27-story office building in Manhattan

SL Green Secures $1.3B Mortgage Extension for NYC Tower

Wells Fargo led the loan facility consisting of 14 global banks.

701 Brickell. Image courtesy of JLL Capital Market

Transactions: December 2024

A coast-to-coast roundup of noteworthy office and industrial deals.

Wynwood Walk is a neighborhood retail center in Miami

Thor Equities Secures Loan for Miami Retail Center

ACRES Capital provided the financing.

Commercial mortgage delinquency rates in Q3 2024

Commercial Mortgage Delinquency Rates Increased in Q3

Delinquency rates for mortgages backed by office properties continued to increase during the third quarter, according to MBA. Read the report

stores at Woodland Mall

PREIT Gets $80M for Michigan Shopping Mall

Starwood Capital provided the refinancing.

Aerial shot of Gateway Center, a 272,300-square-foot regional shopping center in West Bloomfield, Mich.

CFM Properties Lands $39M for Detroit-Area Retail Center

Citibank and Red Oak Capital Holdings provided the financing.

535 Dowd Ave. in Elizabeth, N.J., is part of Seagis Property Group’s portfolio

Seagis Secures $102M for East Coast Industrial Portfolio

The properties were completed in 2023 and 2024.

Aerial shot of the Admirals Row inside the Brooklyn Navy Yard

Steiner Lands $149M for Brooklyn Navy Yard Property

Deutsche Bank provided the loan.