News
DivcoWest, CalSTRS Partner on $300M Investment
The strategy of the joint venture will focus on purchasing core and core plus commercial real estate assets in growth-oriented markets throughout the U.S.
Stiles Wraps Up $2M Ft. Lauderdale Office Revamp
The 10-month transformation included upgrades to the lobby, elevators and facade, as well as a series of newly added interior features.
NavVis Presents New Indoor Mobile Mapping System
The company’s new M6 model features 6D simultaneous localization and mapping technologies, a mobile-LiDAR system, four laser scanners and six cameras.
WPB Office Building Trades for $23M
The new owner completed the acquisition with the assistance of CBRE’s advisory team and revealed plans for improvements at the property.
Pacific Southwest Realty Services Closes $44M SoCal Financing Deal
The high-leverage, non-recourse loan has a floating interest rate and a flexible prepayment structure which includes a $3.2 million reserve.
Rennova Health to Buy Nashville-Area Hospital
Located at 436 W. Central Ave., the medical facility offers a 24-hour emergency department, featuring two spacious trauma bays and seven private exam rooms.
Marcus & Millichap Arranges Sale of Texas Facility
Business Property Trust has traded Oak Cliff Bargain Storage, located in Dallas. Marcus & Millichap’s Karr Self-Storage team represented the seller and secured the buyer in the transaction.
C&W Adds 3 Tenants to Ft. Lauderdale Office Building
The new additions will occupy roughly 20,000 square feet, joining a notable tenant roster at the recently upgraded BayView Corporate Tower.
NHI Acquires $30M Nursing Portfolio in Texas
The assets include a 132-bed skilled nursing facility in Garland, and a 132-bed skilled nursing facility in Fort Worth.
Originations by Lender
Commercial banks and savings institutions constituted the most active investor group in 2017, with $151.2 billion in activity (29 percent of total volume).