News
Lincoln Property JV Buys OC Office Asset
NKF Capital Markets represented the seller, New York Life, in the disposition of 1500 Quail St., a 95,435-square-foot property in Newport Beach.
Marcus & Millichap Arranges Sale of Texas Storage Facility
The sale includes two facilities located less than one mile from each other in Ingram, Texas. The company represented the seller and also procured the buyer in the deal.
DC’s Landmark Washington Harbor Property Sells for $415M
Acting on behalf of a consortium represented by Principal Real Estate Investors, HFF secured Global Holdings Management Group as a buyer for the 560,000-square-foot office and retail asset.
Dollar Stores See Rising Cap Rates
The latest report from The Boulder Group attributes rising cap rates in part to a drop in the average remaining lease term at some stores. Meanwhile, institutional investors continue to lose interest in the sector, which nonetheless remains healthy.
AccorHotels to Buy Majority Stake in 21c Museum Hotels
The Paris-based hospitality investor and operator, which has made several deals to expand its brands in the U.S. and abroad in recent months, will bring its MGallery brand to North America.
Magna Hospitality Group Sells 216-Key NY Hotel
HFF worked on behalf of the company to arrange the transaction, and secured a three-year, floating-rate acquisition loan for the buyer.
Montecito Medical Lands 15 KSF Boston MOB
Built in 2015, the facility features more than 15 pediatric specialty services. Boston Children’s Hospital is the primary pediatric teaching hospital for Harvard University’s medical school.
Tax Reform Gives Rise to New Business Strategies
Recently enacted restrictions on business interest deductibility are leading more firms to pursue sale-leaseback agreements to unlock property value and grow operations, according to Marcus & Millichap’s Dean Giannakopoulos.
Investing in Workforce Development to Stimulate Local Markets
Flynann Janisse, executive director of Rainbow Housing Assistance Corp., details the role of a competitive employment base in spurring demand for real estate.
Bright Skies Ahead for CRE Financing
MetroGroup Realty Finance Founder & President Patrick Ward takes a closer look at the risks and opportunities in the mortgage lending market today and explains his optimism about the sector’s future.