News

Drexeline Shopping Center

HFF Lines Up Financing for Suburban Philly Shopping Center

In a deal facilitated by HFF, The Hampshire Cos. and MCB Real Estate received a $21.7 million acquisition loan for Drexeline Shopping Center in Drexel Hill, Pa.

Shlomi Ronen

How Developers Can Secure Loans in a Tight Lending Environment

CPE sat down with Dekel Capital Founder Shlomi Ronen at the 2016 ULI Spring Meeting to discuss how developers can stand out in the stricter lending environment.

78 Kmart and Sears Stores to Close in July and September Nationwide

Nearly 80 Kmart and Sears stores will shut down this summer.

Rosewood Washington, D.C. Hotel

Capella Washington, D.C., Hotel Sells for $65M, Gets New Brand, Management

Now rebranded as the Rosewood Washington, D.C., the 49-key ultra-luxury Georgetown hotel will be managed by Rosewood Hotels & Resorts.

Economy Watch Weekly: CRE Lending, Development to Pick Up

Economy Editor Dees Stribling brings some good news for the commercial real estate industry, with industry reports pointing to an increase in construction lending and activity later this year, for the week ending April 22, 2016.  

Economy Watch: CMBS Loss Severities Steady in ’15

A new report from Fitch Ratings revealed CMBS loss severities held steady in 2015, but loss severity is expected to rise somewhat this year.

largest developments 2015 Indianapolis

Indianapolis’ Largest Rental Developments Completed in 2015

No fewer than 19 apartment communities were delivered in Indianapolis last year, adding more than 3,500 units to the city’s rental inventory.

Paul Sacco, president & chief development officer, TPG Hotels & Resorts

Procaccianti Group’s Hotel Division Promotes New President & CDO

Meet Paul Sacco, president & chief development officer of TPG Hotels & Resorts, a division of the Procaccianti Group.

Report Details NYC’s Ambitious Environmental Plan

New York rolls out strategy for reducing the carbon footprint of its buildings.

GE Opens First Phase of South Carolina Manufacturing Plant

The $400 million advanced manufacturing facility in South Carolina will be the first of its kind for GE Power.