Regions
Foster Financial Buys Detroit-Area Office Asset
The seller, Interwest Capital, owned the two buildings located in the Southfield submarket since 2007 and sold them for $5 million.
Friedman Secures 2 Loans for Suburban Detroit Office Assets
The financing totaled $26.5 million and features a 10-year term as well as prepayment flexibility. Director Ryan Denomme originated the loans.
City+Ventures Enters KC Market with $88M Portfolio Buy
The properties encompass 784,557 square feet in the suburban area of Southlake. JLL handled both the sale and the financing.
PNL Cos. Sells Suburban PA Office Building
The company received $15.5 million for Malvern Executive Center, a Class A property in Malvern, Penn., purchased five years ago through foreclosure.
Top Challenges in Designing Long-Term Incentive Plans
In the third podcast of our FTI Consulting series, Manager Megan Blankemeyer reveals several factors that companies need to understand before putting together a cohesive LTI program.
Driverless Car Firm Signs 48 KSF Pasadena Lease
A CBRE team represented landlord EverWest Real Estate Investors in the transaction valued at $11.4 million with the San Francisco-based GM Cruise.
Payless Bankruptcy Spells Trouble for Vulnerable Malls
After filing for its second bankruptcy, the company is shuttering a slew of valuable retail locations—but struggling malls may suffer most.
New Home2 Suites by Hilton Debuts in Chicago
Akara Partners developed the 17-story property, which features 206 guestrooms and 5,000 square feet of retail space. This marks the opening of the brand’s 300th location.
BKM Capital Partners Buys Denver Industrial Asset
The company paid nearly $24 million for the property, which was 100 percent leased to 20 tenants at the time of sale.
Silverman Group Pays $183M for Multi-State Portfolio
Rubenstein Properties sold 27 industrial assets totaling more than 5 million square feet across New Jersey, Connecticut, Massachusetts, Iowa, Indiana and Alabama.