News
Navigating the ‘New’ CMBS System
A reduction in the number of conduit lenders and new federal regulations have changed this once “quick and easy” financing alternative, says Shlomi Ronen of Dekel Capital.
SVN | KOVA Arranges Fort Myers Office Deal
SVN|KOVA and KOVA Property Management have been managing Alico Business Center since 2016, doubling its occupancy in two years.
IAC Properties Lands 100 KSF Tenant at Chicago-Area Facility
The building is located within the 1 million-square-foot IAC Chicago Market Center.
Connecticut Transit-Oriented Campus Lands $150M Refi
The developer will use financing from PGIM for property renovations, as well as for the development of a $45 million mixed-use transit center in Greenwich.
New Supply to Weigh on CRE Return Growth
UBS Asset Management’s positive outlook for commercial real estate is tempered by new construction and increased capital expenditure requirements.
Office REIT Sells Maryland Portfolio for $62M
Two of the properties are in the Woodlawn area of Baltimore, while the third asset is in Rockville, about 17 miles northwest of Washington, D.C.
EPR Properties Seals Strategic Shift With $454M Deal
The company will use the funds from the sale of its charter schools to pivot into a portfolio focused on experiential real estate.
CIP Real Estate Lands $59M Refi for Inland Empire Portfolio
JLL arranged the seven-year, fixed-rate loan as part of the recapitalization of the 610,000-square-foot group of three industrial/office business parks.
Class A Atlanta-Area Office Property Sells for $11M
NAI Brannen Goddard represented Pinnacle Cos., the seller of the 109,000-square-foot asset.
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.