News
$2T to the Rescue: CRE and the Stimulus Package
The wartime-level legislation could shore up the economy—and by extension the commercial real estate sector. Some experts weigh in.
Public Storage Purchases New York, Boston Portfolio
Banner Real Estate Group sold three properties which comprise nearly 3,600 units.
Stockbridge Pays $20M for Single-Tenant Atlanta Retail Assets
Working on behalf of the seller, Transwestern negotiated the disposition of the two properties.
Thorofare Capital Provides $24M Loan for Los Angeles Portfolio
The company worked on behalf of Hakim Holdings to secure financing for the acquisition of a two-property portfolio in Beverly Hills, Calif.
Sandstone Capital Sells Fort Worth Retail Asset
According to public records, the 68,500-square-foot Fossil Creek Plaza last traded 12 years ago.
How Tough a Road for Lodging CMBS?
A major ratings agency takes stock of the outlook for hospitality CMBS and compares it to the post-9/11 period.
CalSTRS Lands $992M Loan for 7 MSF Portfolio
The pension fund relied on JLL Capital Markets to arrange financing for the 17-property collection of office, industrial and multifamily assets.
Strategic Storage Acquires Miami-Area Asset
A partnership between Angelo Gordon and Andover Properties sold the 91,400-square-foot facility, public records show.
West Hollywood Retail Asset Commands $23M
A Los Angeles-based real estate development firm acquired the 3-building property.
Seagis Property Group Inks Full-Building Lease in Miami-Dade
Transwestern Real Estate Services’ South Florida industrial team arranged the transaction. The property is located in one of the nation’s most desirable industrial markets.