Regions

Ed Steffelin, Senior Vice President, George Smith Partners

George Smith Partners Opens NYC Office

The expansion to Manhattan marks the Los Angeles-based capital markets advisor’s first location on the East Coast. Ed Steffelin will head the new outpost in his capacity as senior vice president.

Knotel Inks 4 New Leases in Manhattan

The shared workspace provider added new locations in New York City’s Midtown South and Midtown East neighborhoods totaling 76,412 square feet.

Panattoni, Principal Real Estate Lease 70 KSF Industrial Asset in OC

Daum Commercial completed the 10-year lease with a roofing distributor. The Class A asset is part of Orange County Commerce Center, a four-building property totaling 232,354 square feet.

Lightstone Launches Debt Platform

Borrowers will have access to first-lien and mezzanine loans for bridge and construction financing projects. The company plans to provide nearly $500 million within the first year.

Castellum Buys, Sells $550M in Swedish Office Assets

The real estate company continues to refocus its portfolio on growth areas, with the purchase of six properties in Linköping and the disposition of 20 others in Sundsvall.

London Draws Most Global Real Estate Investment

Despite Brexit concerns, the city topped JLL’s list for the second consecutive year, with Los Angeles, Paris and Shanghai also among the most coveted markets. But which gateway destination is the runner-up?

Welcome Wilson Jr., Chairman, Welcome Group LLC

Welcome Group Lands $300M Capital Infusion

The Texas developer will use the funding from an investment vehicle managed by Almanac Realty Investors to reinforce its existing strengths in single-tenant projects, primarily industrial.

NAI Hiffman Appoints New Senior VP

Steven Bass has joined the NAI Hiffman team as senior vice president. Until recently, he had been an executive vice president with Lee & Associates.

Why Industrial Demand Is Skyrocketing Along the NJ Turnpike

Colliers International’s Dennis Waggner and John Obeid break down the area’s unique attributes and weigh in on how rental rates will evolve going forward.

Stonebridge to Open Dual-Brand Hilton Hotel

Once completed, the property will include a Tru and a Home2 Suites by Hilton and will be the second dual-branded hotel Stonebridge has opened in Denver.