Investment
Branch Properties Snags 2 KY Shopping Centers
In a deal brokered by Mid-America Real Estate Corp., Weingarten Realty sold Tates Creek Centre and Millpond Center, two Kroger-anchored retail assets in Lexington.
Forest City Sells Pittsburgh Mall
The nearly 900,000-square-foot regional mall is part of a larger, 10-property retail portfolio, as the firm continues to shed its shopping center assets.
VA Office Asset Trades, Awaits Conversion
Avison Young brokered the sale of a recently rezoned property in Tysons, Va., which will serve as a self-storage facility.
Northwood Buys NYC Office Tower for $305M
The seller, Chinese conglomerate HNA Group, reportedly faces a looming liquidity crisis and is looking to dispose of $16 billion in assets worldwide.
Luxury Sarasota Resort Commands $171M
Ashford Hospitality Prime has agreed to purchase the 266-key Ritz-Carlton hotel, reflecting the REIT’s strategy of acquiring institutional-quality assets in high-growth markets across the U.S.
HFF Arranges $160M Sale, Loan for Philly Office Tower
Acting on behalf of Equity Commonwealth, the firm arranged the disposition of the 826,000-square-foot building at 1600 Market St., and secured acquisition financing for the buyer, an affiliate of American Real Estate Partners.
Gramercy Sells $43M FL Office Portfolio
Plantation Corporate Center I and II comprise just under 240,000 square feet of rentable space and are leased through 2021.
2018 MBA CREF/Multifamily Housing Conference Coverage
Mortgage Bankers Association members convened in San Diego to learn and network at the CREF/Multifamily Housing Convention & Expo. Read our 2018 coverage here.
Mortgage Bankers Display Increasing Agility in 2018
In an exclusive interview with Commercial Property Executive, NorthMarq Capital Executive Vice President Jeffrey Erxleben discussed the evolving commercial real estate lending landscape at last week’s MBA CREF/Multifamily Housing Convention & Expo in San Diego.
Retail Shows Surprising Resilience: IRR Report
Despite retailer bankruptcies and the onslaught of e-commerce, the retail real estate sector in most markets is in reasonably good shape, the analysis concludes.