Investment
Crisis Moves Loan Servicers to Center Stage
The likelihood of widespread delays in loan payments is raising hard questions. Paul Fiorilla of Yardi Matrix surveys the issues to watch.
MAG Capital Partners Acquires Frozen-Pie Factory
The 20-year sale-leaseback of a frozen-pie manufacturing facility in Rochester, N.Y., provides the seller/tenant with capital for its ongoing expansion.
144 KSF Industrial Sale-Leaseback Closes in Metro Atlanta
Broadstone Net Lease Inc. acquired a distribution warehouse in Gainesville, Ga., from a food processing equipment manufacturer.
Marx Realty Buys Iconic Herald Building in DC
The New York City-based firm is planning a $41 million renovation and repositioning of the historic property.
Taurus Pays $75M for Boston-Area Office Asset
The building will undergo a green renovation courtesy of RENU Communities, a subsidiary of the new owner.
Global Economy Feels Coronavirus Burden
Although the global GDP registered a projected 1.1 percent decline during the first quarter, economists suggest that recovery is almost around the corner.
CBRE Spearheads Raleigh-Area Industrial Sale
Senior Associate Jimmy Poole negotiated on behalf of the seller in the 1031 exchange transaction.
Landmark Dividend’s $122M Landmark Acquisition
The company’s purchase of a three-building campus in Phoenix marks its expansion into the turnkey data center sphere.
Lexington Realty Sells West Virginia Amazon Property
The new owner secured a 10-year, $11.8 million acquisition loan from Wesbanco Bank.
Westcore Pays $12M for Phoenix Warehouse
The seller, a bedding company, signed a short-term leaseback agreement for the 148,700-square-foot facility.