Investment
Update: JCR Capital Obtains $105M for Middle-Market Fund
JCR Capital’s JCR Capital Commercial Real Estate Finance Fund III L.P. is targeting a total capitalization of $250 million for middle-market sponsors typically overlooked by institutional capital.
KPMG Report Shows Capital Spending on the Rise
KPMG’s 2014 Commercial Real Estate Outlook Survey confirmed that commercial real estate executives are ready to develop new properties and invest their capital in secondary and tertiary markets to generate returns.
CRE Bulls Will Continue
By Ken Riggs, President & CEO, RERC: According to public opinion polls, most Americans have never seen the world so chaotic. Despite these risks, U.S. consumers keep spending and investors keep investing.
SL Green to Buy, Sell in Two Deals Totaling $745M
It’s not every day that a real estate company announces it has signed deals involving two properties valued at an aggregate three-quarters of a billion dollars.
Capital One Wraps $277M Loan Syndication for Brooklyn M-F Tower
The 554-unit high-rise will mark the final phase of Douglaston Development’s Edge mixed-use project in the Williamsburg section of Brooklyn, N.Y.
Deal Analysis: Washington Prime Finds “Something Special” in Glimcher
When Washington Prime Group was spun off from Simon Property Group Inc. in May, its leaders began looking for opportunities to acquire and redevelop assets that would have strong cash flow and add franchise value. They found what they sought in Glimcher Realty Trust.
Inland Set to Acquire 15-Property Retail Portfolio for $318M
Inland Real Estate Income Trust Inc. is adding 15 retail centers located across eight states to its portfolio.
BREAKING NEWS: Washington Prime Group to Acquire Glimcher for $4.3B
The combined portfolio would have 119 retail properties with approximately 68 million square feet of gross leaseable area.
DDR CEO Hurwitz to Depart at End of 2015
DDR Corp. made an unexpected announcement on Friday that CEO Daniel Hurwitz will leave the shopping center REIT after his employment agreement expires at the close of 2015.
Executive Spotlight: Riggs Kubiak, Honest Buildings
Riggs Kubiak, founder & CEO of Honest Buildings, talks about his formation of a platform that New York real estate developers and owners can use to connect with architects, contractors and other vendors.