News
Alexandria Real Estate to Develop Seattle Mega-Block
The city approved a $143.5 million bid from the developer to buy three parcels in the South Lake Union submarket and develop a mixed-use campus.
CBRE Appoints Healthcare Capital Markets Lead
The Atlanta-based first vice president will focus on debt and structured finance solutions for the company’s healthcare and life science clients.
Barings Sells Stamford Office Building for $15M
The new owner financed the acquisition through a two-year loan and intends to implement a capital improvement program.
Co-Living, Micro Units: Multifamily Real Estate Reimagined
The rents required to make high-end development viable keep climbing, so the industry is responding and adapting, explains Avison Young’s Jay Maddox.
Workforce Housing Remains an Attractive Investment
Barriers to homeownership continue to rise throughout the nation, notes JLL Capital Markets’ Mark Thomson, with the median home price climbing 55.2 percent from its post-downturn trough.
CBRE Secures $37M Loan for Miami Asset
Senior Vice Presidents Paul Ahmed and Amy Julian, together with Senior Financial Analysts Andrew Chilgren and Mackenzie Fry, arranged the financing.
The Future of Cities: Gensler’s Co-CEO Weighs In
Diane Hoskins on the design firm’s new forecast of how demographic shifts, climate change and other issues will re-shape real estate.
Chelsea Warehouse Conversion Project Receives Financing
JBA Equities arranged the $56 million mortgage, which will be used for the structure’s transformation into an office building with ground-floor retail.
Blackstone to Buy Dream Global for $4.7B
The global investment giant will buy the Toronto-based REIT in an all-cash deal, adding 19.4 million square feet of Western European office and logistics assets to its portfolio.
Singaporean Investors Ink $1.4B Deal With Digital Realty
Mapletree Investments has agreed to buy a data center portfolio from Digital Realty and is also partnering with the company to co-own three hyper-scale data centers.