News
Self Storage Closeup: The Millennial Factor
Jeffrey Norman, vice president at Extra Space Storage, provides insight on how self storage properties appeal to Millennials, and discusses how this generation might influence the industry.
Building the Health-Care Experience of the Future
Daina Pitzenberger, Transwestern’s senior vice president, talks about the importance of technology and regulations in the transformation of the industry, as well as growth opportunities in the sector.
JLL Spark Invests in Dealpath
The deal leaves the company with a stake in the leading global provider of cloud-based technology for evaluating and managing real estate transactions.
Transwestern Adds New SVP to Chicago Office
In her new role, Kathleen Bertrand will lead the leasing and marketing activity at the company’s office projects in the downtown area.
Nashville Parking Changes Hands for $54M
A joint venture between RBN Equities and Jadian Capital sold the 12-story asset, which contains more than 1,000 stalls and 37,000 square feet of retail and office space.
RHG, Aspect Acquire 4-Property Hotel Portfolio
This deal represents an expansion of ownership and management into three new markets. The assets total more than 450 keys and are under the Hilton, Hampton, Hyatt and Aloft brands.
Manhattan’s Park Avenue Plaza Receives $75M Loan
A partnership between Fisher Brothers and Sungate Park Avenue Trust owns the 1.2 million-square-foot Class A office building located in the heart of the Plaza District.
DealPoint Merrill Secures Financing for Cleveland Giant Eagle
The $6.6 million loan will be used for the redevelopment of the shopping center. DealPoint Merrill arranged the sale of the same property earlier this year.
Interra Arranges $6M Sale of Chicago Nursing Facility
The buyer, JK Equities, plans to repurpose the West Loop building and capitalize on its location. The seller was Symphony Pan.
Iron Guard Storage Enters Indiana Market
The Mele Group of Marcus & Millichap brokered the sale of the 80,875-square-foot facility in Evansville, comprising 144 climate-controlled and 536 drive-up units.