Investment
Intense Competition Fuels Capital Source Convergence in 2018
Distinctions among capital sources are blurring as the global search for yield heats up, intermediaries and lenders concurred at MBA’s annual finance conference last week in San Diego.
Magellan Completes $375M Investment Strategy
The company sold two Commerce, Calif. industrial properties for a total of $77.6 million, finishing off its three-year investment, development and disposition value-add plan.
Brennan, Arch Street Team Up for Sale-Leaseback Deal
Located in four East Coast states, the properties total 2.3 million square feet. The BlueLinx portfolio boosts the JV’s single-tenant net-leased industrial holdings to more than $1 billion.
Seattle Mid-Rise Lands $82M Refi
HFF arranged the loan for the 182,346-square-foot, Class A property on behalf of Urban Visions. 200 Occidental is located in the Pioneer Square submarket of the metro.
CCP Lands 202 KSF Charleston-Area Industrial Asset
CBRE Capital Markets brokered the sale of Foxbank Industrial Park on behalf of the seller, JL Woode. Located in Moncks Corner, S.C., the property is home to Sea Fox Boats.
Jernigan Continues Self-Storage Investment
The company has invested nearly $12 million in a proposed 813-unit storage facility in Minneapolis. The project is slated for completion by the second quarter of 2019.
Bellomy & Co. Facilitates 3 Self-Storage Deals in Texas
The three storage facilities are located in Austin, Katy and Edinburg. Bellomy & Co. worked on behalf of the seller and procured the buyer in each transaction.
Optimizing Environmental Due Diligence in CRE Transactions
Environmental and engineering expert Dan Spinogatti outlines considerations to improve assessment of environmental risk to keep real estate deals on time and on budget, during the Mortgage Bankers Association CREF/Multifamily Finance conference in San Diego.
Atlanta Office Tower Bags $29M Construction Loan
Situated in a rapidly growing live‐work‐play environment, Anthem Technology Center is slated to encompass 352,600 square feet of office space, as well as ground-floor retail.
RCLCO’s Latest Chartbook Sees Few Clouds
The downturn looks to have been postponed yet again. Even though conditions are at—or near—peak, the report foresees no downturn this year.