News
Walker & Dunlop Secures $15M Loan for Pittsburgh Hotel
The company worked on behalf of the borrower, Reception Hotels and Resorts LLC, to provide the three-year, non-recourse construction loan. Reception Hotels and Resorts purchased the fifth and the sixth floors for the hotel.
MakeOffices Expands DC Footprint
The coworking company opened its seventh Washington, D.C, location by adding the 32,000-square-foot Logan Exchange to its portfolio. The building recently underwent a series of interior renovations.
NKF Tapped to Lease Trophy DC Office Building
The nine-story asset has received LEED Gold certification and is 75 percent leased to the Miller & Chevalier law firm.
Monmouth Lands 220 KSF Akron-Area Facility
The REIT acquired an industrial building in Stow, Ohio, for $19.5 million. The property is net-leased to a prominent racing tire maker.
Denholtz Inks Office Lease Renewal in Downtown Orlando
CBRE represented the landlord and Foundry Commercial worked on behalf of the tenant in the lease negotiations at the 83,000-square-foot office building.
Emerge212 Unveils New Manhattan Office
The new space features fully-furnished private offices totaling 56,000 square feet on the second and third levels of the building. Suites range from one to 30-person workstations.
CPE’s Top 5 Articles in September
Miss out on any CPE stories in September? Here are five of our most popular articles for the month, including major executive news from Starwood and Blackstone, as well as a report analyzing Hurricane Harvey’s impact on Houston multifamily.
Economy Watch: Consumers Still Optimistic About U.S. Economy
During the first nine months of 2017, the University of Michigan’s sentiment index averaged 96.2, ahead of the 2016 and 2015 averages, making this year the highest recorded average since 2000.
The October digital issue of CPE is now available!
This month we focus on Energy, with features on energy benchmarking practices for the commercial industry and options for financing retrofits. Additionally, in honor of our 30th anniversary as a magazine, we asked executives which of their CRE predictions came true and what they think is on the horizon. We hope you find our energy content interesting, and, dare we say, enlightening.
Majestic Realty Buys 228-Acre Wisconsin Development Site
With the assistance of Transwestern, Rime Investments sold the property, located halfway between Chicago and Milwaukee. The land can accommodate as much as 2 million square feet of industrial development.