National
Q&A: Discipline Is Key in the Era of Flexible Capital
Admiral Capital Group Co-Founder Daniel Bassichis discusses the changing capital stack and how investors can manage risk in this competitive, late-cycle economy.
Ashford to Pay $275M for Hotel Management Platform
The Dallas-based company has agreed to purchase the platform from Remington. The business provides services for two Ashford-advised REITs and oversees nearly 90 hospitality properties.
Hospitality Properties Trust Buys $2.4B Portfolio
The company has acquired the 12 million-square-foot collection of assets from Spirit MTA REIT. The properties are net leased to tenants in a wide range of industries across 43 states.
W.P. Carey, Extra Space Storage Strike Net-Lease Deal
The transaction covers agreements for 36 self storage properties, most of which W.P. Carey acquired in its merger with CPA:17 last year.
Broad Street, MedAmerica Strike Merger Deal
MedAmerica, which has focused on medical office buildings since a name and strategy change in 2017, will be part of a new company with a 2 million-square-foot retail portfolio.
Blackstone to Double US Industrial Footprint in Record $18.7B Deal
The company agreed to purchase assets from three GLP funds, building on growing e-commerce demand. The deal is being called the largest-ever private equity real estate transaction.
Lodging Market Headed for a Brief Slowdown
Hospitality demand is expected to drop in 2020 and 2021, mirroring a decline in economic growth, but numbers will go on the upswing again in 2022, according to a CBRE Hotels report.
The June Digital Issue of CPE Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.
Bass Pro Shops Sells 11 Cabela’s Locations for $324M
B+E brokered the sale-leaseback deal, which is believed to be the largest commercial real estate transaction sold through a digital platform.
Transwestern to Manage Sumitomo’s $800M Portfolio
The firm will handle property management for more than 3.1 million square feet of Class A office properties in five metros, the entirety of Sumitomo Corp.’s U.S. holdings.