Investment
GE Capital, Western Alliance Finalize Hotel Finance Loan Portfolio Sale
Western Alliance Bank has completed the acquisition of GE Capital’s Franchise Finance U.S. hotel business.
W. P. Carey Closes Major Sale-Leaseback Deal
The net lease REIT has expanded its industrial portfolio with the closing of a $217 million sale-leaseback deal with Fronterra Building Products.
Hilton Worldwide Announces CEO, CFO of REIT Spin-Off
Hilton’s new real estate investment trust will take shape later this year with Thomas Baltimore Jr. and Sean Dell’Orto at the helm.
Pharma Company Plans $200M Manufacturing Expansion in Waco, Texas
The expansion will add 322,000 square feet of manufacturing space to the major pharmaceutical company’s existing facility, and contribute $840 million to the Central Texas economy.
How Developers Can Secure Loans in a Tight Lending Environment
CPE sat down with Dekel Capital Founder Shlomi Ronen at the 2016 ULI Spring Meeting to discuss how developers can stand out in the stricter lending environment.
GE Opens First Phase of South Carolina Manufacturing Plant
The $400 million advanced manufacturing facility in South Carolina will be the first of its kind for GE Power.
Public-Private Partnership Makes Waves in California
A deal for a $520 million civic project is called the first of its kind in North America.
ULI Special Report: REITs Revitalize Philly’s Market Street
ULI 2016 Spring Meeting attendees toured recent and under-construction properties from Brandywine Realty Trust and Liberty Property Trust that are transforming Center City.
Airbus’ Ashburn, Va. Facility Expands, Adds Employees
The aircraft manufacturer pledged to invest an additional $1 million in the facility, turning the Loudoun County location into the company’s largest material distribution center by customer volume.
HFF Lands $100M Financing for Chicago’s 125 S. Clark
HFF secured financing for a 20-story office building originally constructed by the renowned Daniel Burnham in the Windy City CBD.