Investment
Blackstone to Pay $1.2B for Simply Self Storage
The company last traded in 2016, when Brookfield Asset Management acquired it for $830 million.
The Climate Factor in CRE Investment Strategy
As losses mount and premiums rise, risks posed by extreme weather are drawing heightened scrutiny from industry stakeholders.
Taubman Centers Sells 760 KSF Connecticut Mall
An arm of home furnishings maker Safavieh acquired Stamford Town Center from the REIT, with plans to revitalize the nearly four-decade-old property.
Exeter Property Group Pays $85M for Pennsylvania Warehouse
In 2018, the seller financed the 1.2 million-square-foot development with a $48.8 million loan from Regions Bank.
Anchor Health Buys Memphis-Area MOB Portfolio
Trumbull Laboratories anchors the two-building, 78,690-square-foot property in Germantown, Tenn.
Iron Mountain Extends Global Connectivity
The company’s partnership with global IP connectivity supplier Telia Carrier makes its data center platform even more valuable to customers.
Hines JV to Build 1st Phase of 16 MSF Project in Italy
The company and partner Cale Street are investing $590 million in the mixed-use development in Milan.
Suburban Orlando Storage Facility Trades for $9M
Valley National Bank originated a 10-year, $8 million loan for the purchase of a 770-unit property.
Manufactured Housing Properties Selects Director of Capital Markets
Mollie Boyce has more than 20 years of experience in raising investment capital in the alternative and private equity spheres.
Shorenstein Sells Portland Office Campus for $130M
RBC Capital Markets provided the joint venture buyer with a $100 million line of credit for the purchase.