News
Fort Myers-Area Shopping Center Lands $23M in Financing
The construction of Daniels Marketplace will commence this spring, with the opening projected as soon as summer 2018.
Bixby Closes $56M Sale of Orange County Building
Karma Automotive LLC purchased the 262,463-square-foot property it had leased in August 2016. The company is planning to redesign its new headquarters to include further employee amenities and a branded experience center for its new Revero luxury sedan.
Lotte Chemical Relocating HQ to LA
The company will relocate its corporate headquarters from Houston to Lake Charles, where it is building the largest monoethylene glycol plant in the U.S.
Webster Bank Closes on $7M Financing Deal
The portfolio financing for a craft beer cooperative includes a partnership with the U.S. Small Business Administration in conjunction with their 504 Program.
What’s Ahead for CRE Investment in Eastern Europe?
A new report from Colliers sheds light on investment prospects for six key countries, including Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania.
CNL Lifestyle Liquidates with $830M Final Sale
In the larger of two deals, EPR picked up a collection of 21 properties, the most prominent of which is the 3,000-acre Northstar California Ski Resort.
Saks OFF 5TH Opens New Philadelphia Store
The off-price retail division of Saks Fifth Avenue launched a new 42,000 square-foot store in Overlook at King of Prussia shopping center.
Economy Watch: Higher Wages, More Borrowing Bode Well for Economy
The latest jobs and wage growth numbers seem to point to the U.S. economy’s continued growth, supported by a boost in consumers’ borrowing activity, according to the Bureau of Labor Statistics and the Federal Reserve.
Hilton Expands Mile-High Footprint
The 320-key hotel is situated in the Denver Tech area and offers a variety of amenities, including an 18-hole golf course, 43 meeting spaces and five restaurants.
Blackstone Grants $100M Refi for Iconic Florida Office Asset
Douglas Entrance is owned by a joint venture between Miami-based Banyan Street Capital and Oaktree Management of Los Angeles.