Regions

Eldorado, Caesars Entertainment Complete $17B Merger

VICI Properties, a REIT spun off from Caesars Entertainment, completed multiple transactions related to the blockbuster merger that created the world’s largest casino and entertainment company.

KKR Closes Fund With $950M in Commitments

Like its predecessor investment vehicle, KKR Real Estate Credit Opportunity Partners II will focus on the acquisition of new-issue conduit CMBS.

AIG Reshuffles New York Footprint With 3 New Leases

The insurance giant is relocating its headquarters and splitting the remainder of its offices among Midtown, Lower Manhattan and Jersey City.

Flex Office Operators Look to Unlock the Suburbs

British workspace providers talked about new opportunities outside city centers in a recent webinar hosted by the Flexible Space Association.

Newmark Knight Frank Names New Northwest Executive VP

A 30-year industry veteran, Michael Sheinkop has been with NKF since 2010.

Cushman & Wakefield Brokers Albuquerque Storage Deal

Mike Mele, Luke Elliot and Devin Beasley assisted the seller, a private investor, in the 1031 transaction.

Self storage units. Image by luismmolina/iStockphoto.com

COVID-19 Impact on Self Storage Rents Eases

In a sign that the sector may have seen the worst of the fallout from the pandemic, the downward trend of street-rate performance is starting to slow.

Spear Street Capital Sells Minority Stake

A division of Aberdeen Standard Investments now owns an interest in the San Francisco-based office property owner and operator.

New Jersey Industrial Park Lands $104M in Construction Loans

Cushman & Wakefield arranged the funding for Advance Realty Investors and Greek Development, which are planning a 3.2 million-square-foot project in metro Philadelphia.

PPE Producer Expands Operations in Orange County

MaxCare Products has leased space at an industrial property in Santa Ana, Calif., to manufacture and distribute masks, personal protective equipment and other medical supplies.