News
Mid-America Brokers Chicago Retail Sale
The 31,325-square-foot property is located in the Uptown neighborhood and is leased to Ross Dress for Less and Verizon Wireless.
Economy Watch: Architects Even Busier in May
The American Institute of Architects’ Architecture Billings Index rose to 52.8, an uptick compared to April, which bodes well for construction spending in the upcoming year.
CA Raises the Bar for Solar
Landmark regulations will affect multifamily development. The rules aim to cut the state’s carbon footprint but raise concerns about increased costs.
Banner Oak Closes 2 Funds Totaling $800M
The Dallas-based company’s latest investment vehicles are intended to provide equity capital to real estate operating platforms at both the enterprise and property levels.
Louisiana’s Margaritaville Resort Casino to Sell for $376M
In separate transactions, VICI Properties will acquire the Bossier City, La., gaming destination’s real estate properties, while Penn National Gaming will purchase the operating assets.
Charlotte Office Park Scores $119M Refi
Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.
Capital Development Kicks Off 2.3 MSF Savannah Project
The $125 million logistics campus located about 10 miles from the busy Georgia port is set to include two buildings, the first of which is slated for occupancy by April 2019.
Q&A: Inside Angel Oak’s Small-Balance Strategy
Ben Easterlin, managing director of Angel Oak Commercial Lending, discusses the capital markets landscape as well as the strategy behind the company’s acquisition of Cherrywood Mortgage.
Summit Design + Build Delivers Chicago Retail Center
The updated 13,000-square-foot asset will provide space for up to three retail tenants in an area of Lincoln Park, known as a shopping and lifestyle destination.
Meridian Sells CA Office Building
The buyer, Phase 3 Real Estate Partners of South San Francisco and San Diego, paid $39.5 million for the multi-tenant asset.