News
NYU’s Sam Chandan on the Changing Real Estate Capital Markets
The associate dean of the NYU Schack Institute of Real Estate discusses how economic and policy changes are impacting the real estate capital markets, the potential for a next recession and the risks investors should consider going forward.
Mixed-Use Brooklyn Asset Changes Hands for $12M
CW Realty purchased the asset in Brooklyn’s Bushwick neighborhood. The site consists of two tax lots that offer roughly 44,000 square feet of buildable area.
Meritex Grabs Charlotte Industrial Asset
The new owner plans to begin a capital improvement program to reposition the vacant building in the city’s Airport/West submarket.
Terreno Expands WA Portfolio With $6M Industrial Buy
The property is located a 20-minute drive south of downtown Seattle. The asset comprises a distribution facility and 42 parking spaces.
CRG Sells GA Industrial Asset for $57M
Griffin Capital picked up the recently completed 1 million-square-foot cross-dock facility, which was a build-to-suit project for Shaw Industries Group.
LA-Area Retail Property Receives $8M Loan
The two-story building is located in the Platinum Triangle area of Beverly Hills and will temporarily host Madeo restaurant, a hotspot for celebrities.
The Woodmont Co. Hires New SVP in California
Emily Iseminger brings 30 years of experience in retail real estate to her new position. She will assist the firm’s activities on the West Coast.
GSP Arranges Acquisition Loan for Silicon Valley Office Property
Working on behalf of Vahe Tashjian of Dutchints Development, the firm secured financing for 24 months at an 85 percent loan-to-purchase price.
Pacific Industrial Acquires OC Industrial Facility
Voit Real Estate Services represented the buyer in the off-market purchase of the two-building, 157,204-square-foot property adjacent to John Wayne Airport in Costa Mesa.
AccorHotels, Algeciras to Buy Chilean Hotel Group Atton
The partnership expects to close the deal in the second half of the year, with AccorHotels retaining the option to sell its share in the transaction after five years.