Regions
Net Lease Bank Investors Turn Selective
Increasing cap rates and limited supply are leading net lease investors to carefully review acquisition opportunities, observes The Boulder Group President Randy Blankstein.
Health Care REITs: Developments to Watch
Asset sales will likely improve health-care REITs’ portfolio quality and balance sheets, while new supply will continue to challenge their senior housing investments, reports Moody’s Investors Service Vice President Lori Marks.
In Uncertain Times, Private Lenders Provide Certainty
With conventional lending sources falling short of borrower needs, sponsors looking for assurance should turn to private lenders, notes Jon Leifer, Case Real Estate Capital’s director of acquisitions.
Summit Design + Build Transforms Chicago Mixed-Use Project
The Clybourn corridor development was originally designed as a 10-story retail and apartment building but due to zoning issues it will be turned into a two-story retail and creative office space.
Amazon Signs 430 KSF Lease in Boston
The e-commerce giant will occupy an entire building within the Boston Seaport development, a 23-acre, 7.6 million-square-foot mixed-use development.
ESI Sells 179 Acres of AZ Business Park
The company has sold more than 61 percent of Surprise Pointe’s land to three different buyers: a developer, a distributor and a manufacturer. CBRE is representing the firm in the continuous sale of the 290-acre property.
Friedman Facilitates MI Office Park Sale
Holiday Office Park in Lansing comprises nine buildings ranging from 80,420 to 120,683 square feet across one to two stories.
Economy Watch: Construction Spending Edges Down in March
Construction in the commercial sector slipped 2.3 percent from the previous month, but the silver lining is a 8.1 percent gain compared to March 2017, the Census Bureau reported.
Industrial Quarry in Maine to Become 1 MSF Mixed-Use
Waterstone Properties Group Inc., in a partnership with the City of Westbrook, is developing Rock Row, a mixed-use revitalization project of an industrial quarry site in suburban Portland.
Multifamily Originations Continue to Climb
Multifamily property loans accounted for 44 percent of closed loan activity in 2017, compared to 23 percent a decade earlier, according to Mortgage Bankers Association data.