Regions
Pair of DC Office Buildings Receive $165M Financing
KeyBank Real Estate Capital has secured a seven-year loan for two refurbished Class A office assets in Washington, D.C.
Transwestern Tapped for Leasing, PM Services of MD Asset
Owned by DSC Partners, 77 Upper Rock is completely vacant and immediately available for occupancy. An upcoming renovation will soon add a fitness center and conference rooms, among other amenities.
Savills Studley Negotiates Office Expansions in Chicago
The company closed on two leases for Ryan Specialty Group and one of its subsidiaries, RT Specialty. The offices are located at Two Prudential Plaza and 500 W. Monroe.
Economy Watch Weekly: Rent Prices Pose Challenge for All Generations
Millennials aren’t the only generation feeling the pressure of high rents in the nation’s 100 most populous MSAs, according to a recent ABODO report. Economy Editor Dees Stribling discusses the report, for the week ending Aug. 25, 2017.
Levin Appoints New VP & CFO
Real estate veteran Paul Tavaglione will step up as vice president & chief financial officer, after serving for 16 years in various finance roles within the company.
WeWork Scores $4.4B Investment
SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.
Rare MD Industrial Asset Up for Sale
The seven-building portfolio is situated in Hanover, seven miles from BWI Marshall Airport, offering approximately 500,000 square feet of space in a heavily supply-constrained market.
Most Sectors Near Peak, But Crash Unlikely: RCLCO
A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.
UC Funds Launches New Product
In a constrained lending environment, non-traditional lenders are offering increased flexibility. Daniel Palmier, president & CEO of UC Funds, explains what factors sponsors should consider when looking for a financing partner.
First Staybridge Suites Debuts in Poland
The 190-key project, which marks the eighth property for IHG in Europe, will be located in Warsaw’s third-largest district. The company will operate the hotel under a franchise agreement with WIK Capital.