News
Podcast: TD Bank’s Gregg Gerken on the CRE Market
The head of commercial real estate lending shares his insights on the market with Jeff Adler of Yardi Matrix.
Brookfield to Acquire Majority Share of Oaktree
The alternative asset management giant inked a deal to purchase 62 percent of Oaktree Capital Management’s business. Both firms will continue to operate independently.
Marcus & Millichap Brokers $9.1M Sale of Chicago Retail Asset
The 27,780-square-foot property, which is located in one of the highest barriers to entry submarkets in the city, underwent complete renovation in 2007.
National Solar Market Year in Review
The U.S. installed 10.6 gigawatts of solar photovoltaic capacity in 2018, reaching 64.2 gigawatts of total installed capacity, sufficient to power 12.3 million American homes, according to a report of Wood Mackenzie/Solar Energy Industries Association.
HFF Arranges $5.8M Financing for FL Storage
SecYour Storage Property Group received the loan for the acquisition and repositioning of a 289-unit asset located in Melbourne, Fla.
JV Sells Fully Leased Office Building in Richmond
Cushman & Wakefield | Thalhimer’s Capital Markets Group brokered the $7.5 million sale of Windsor I, a single-story building within the 62-acre Windsor Business Park.
LSTC Expands Michigan Office Portfolio
The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.
Wonderful Real Estate Buys Sacramento-Area Office Asset
The two-building property contains nearly 180,000 square feet of Class B space and is fully leased to the Centene Corp.
Atlanta Hotel Lands $31M Refi
HFF arranged the loan for Sheraton Suites Galleria-Atlanta, which has undergone more than $11 million in upgrades since last purchased in 2013.
Home2 Suites by Hilton Opens in MN
Part of a $28 million development, the 107-key project is the second new hotel to come online in Brooklyn Park since 1998.