News
Ivy Realty Obtains $41M for NJ Portfolio Purchase
Cushman & Wakefield has arranged the financing, which will also help the borrower rebrand the value-add collection of seven industrial assets.
Hines Buys German Office Portfolio for $341M
The purchase, which includes 13 buildings and totals more than 295,275 square feet, marks the fund’s second acquisition of its kind in Stuttgart.
Avison Young Hires New Principal
Scott Martin has more than 15 years of commercial real estate experience. In the new role, he will help grow the firm’s Greater Philadelphia and New Jersey health-care portfolio.
Top Loans That Matured in Houston in 2018
According to Yardi Matrix, almost $720.4 million in financing reached maturity last year, making way for recapitalization opportunities worth keeping a close eye on this year.
MOB Portfolio Trades for $45M in NY
Jacobson Properties teamed up with Cushman & Wakefield/Pyramid Brokerage Co. to represent the seller in its disposition of five properties totaling more than 200,000 square feet.
Dual-Branded Marriott in Orlando Lands $42M Loan
Meridian Capital Group has arranged the construction financing for the property, which will include a 140-key Aloft Hotel and a 144-key Element. The funding package includes EB-5 capital.
LaSalle Investment Buys Dallas Value-Add Community
On behalf of its U.S. core open-end real estate fund, the company has acquired a 152-unit multifamily asset in Turtle Creek, Texas. The property previously traded for $48.9 million.
Cloudy Phase, Brighter Future for Solar Industry
After last year’s slowdown, solar projects and employment are both on track to rebound in 2019.
What’s Next in Coworking?
The shared office market has moved from trendy to mainstream. With competition heating up, operators must deliver next-level service to stay in the game.
Where Suburban Meets Urban
Millennials, transportation policy and community expectations increasingly blur the lines between large-scale projects in big cities and their suburban counterparts.