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Murphy Starts Spec Development in Otay Mesa
News 2 days ago
Murphy Starts Spec Development in Otay Mesa

Murphy Development Company started construction on the final building at The Campus at San Diego Business Park, a 137,000-square-foot speculative...

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Exeter Claims San Bernardino Facility for $98M
News 2 days ago
Exeter Claims San Bernardino Facility for $98M

Philadelphia-based Exeter Property Group paid $97.75 million for an industrial building in San Bernardino, CA that is fully-leased to Bob’s...

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PCCP Provides $103M for Mountain View Development Pre-leased to Google
News 2 days ago
PCCP Provides $103M for Mountain View Development Pre-leased to Google

PCCP, LLC provided a $103 million senior loan to Renault & Handley Mid-Peninsula Joint Venture for development of 600 Clyde Ave. in Mountain View,...

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Avanath, Opportunity Assets Group Launch $300M QOZ Fund
News 2 days ago
Avanath, Opportunity Assets Group Launch $300M QOZ Fund

Irvine, CA-based Avanath Development, LLC and Opportunity Assets Group, LLC launched a Qualified Opportunity Zone Fund with a target raise of up to...

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Connect Media Commercial Real Estate News
News 2 days ago
Connect Media Commercial Real Estate News

Los Angeles-based Gemini Rosemont Commercial Real Estate named industry veteran Jon Dishell as its Chief Business Development Officer. He will...

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U.S. Trade Deficit Continues to Narrow, Drops to $49B in February
News 2 days ago
U.S. Trade Deficit Continues to Narrow, Drops to $49B in February

The U.S. trade deficit continued to drop in February, and the deficit with China, a key trade partner, also narrowed. The Commerce Department...

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Americold Acquires Cloverleaf Cold Storage from Blackstone-led Group for $1.24B
News 2 days ago
Americold Acquires Cloverleaf Cold Storage from Blackstone-led Group for $1.24B

Atlanta-based Americold Realty Trust is acquiring privately-held Chiller Holdco, LLC (Cloverleaf Cold Storage) for $1.24 billion, from Cloverleaf...

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Walker & Dunlop Delivers $52M in Financing for Colorado Sr. Housing Portfolio
News 2 days ago
Walker & Dunlop Delivers $52M in Financing for Colorado Sr. Housing Portfolio

Walker & Dunlop, Inc. structured $52,035,000 in financing for three Class A senior housing properties totaling 196 units in Colorado Springs and...

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KKR Report: 'The Uncomfortable Truth' of Yield Yearn
News 2 days ago
KKR Report: 'The Uncomfortable Truth' of Yield Yearn

McVey KKR released ‘The Uncomfortable Truth’ by Henry McVey, Head of Global Macro and Asset Allocation. The firm’s latest Insights report examines...

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Sun Life-Bentall Kennedy Divests Assets in KC’s Country Club Plaza
News 2 days ago
Sun Life-Bentall Kennedy Divests Assets in KC’s Country Club Plaza

Park Central Plaza I and II in Kansas City’s Country Club Plaza submarket sold for an undisclosed purchase price. The seller was Sun Life Assurance...

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Greystone Arranges HUD Loan for New Build in Metro Detroit
News 2 days ago
Greystone Arranges HUD Loan for New Build in Metro Detroit

Greystone has provided a $17,665,500 HUD-insured loan to finance the new construction of 409 on Nine, a 127-unit mixed-use property on Nine Mile...

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Bridge33, Waterfall Team Up to Buy Milford, CT Center
News 2 days ago
Bridge33, Waterfall Team Up to Buy Milford, CT Center

Seattle-based Bridge33 Capital and New York-based Waterfall Asset Management have acquired Milford Crossing Shopping Center in Milford, CT for...

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POAH Expands Chicago Footprint with 6 HUD-Financed Senior Facilities
News 2 days ago
POAH Expands Chicago Footprint with 6 HUD-Financed Senior Facilities

Boston-based Preservation of Affordable Housing (POAH) is acquiring six senior housing facilities financed by HUD and previously or currently owned...

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Extell Tops Out on 68-Story Brooklyn Point
News 2 days ago
Extell Tops Out on 68-Story Brooklyn Point

Extell Development’s first Brooklyn project, Brooklyn Point, has topped out. Rising to 720 feet high, the 68-story residential condominium building...

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CBS Renews for 160K-plus SF in Midtown South
News 2 days ago
CBS Renews for 160K-plus SF in Midtown South

CBS has signed a 15-year lease renewal for over 164,000 square feet at George Comfort & Sons’ 28 E. 28th St. in Midtown South. The network will...

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Foot Locker Will Bring “Power Store” Concept to NYC
News 2 days ago
Foot Locker Will Bring “Power Store” Concept to NYC

Foot Locker will expand and relocate its Northern Manhattan store to Marx Realty’s 605 W. 181st St., in the process opening an experiential “Power...

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SL Green Lands Tenancies on West and East Sides
News 2 days ago
SL Green Lands Tenancies on West and East Sides

Ahead of closing on its $440-million acquisition of the Master Printers Building at 460 W. 34th St., SL Green Realty Corp. has signed First...

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Eisenberg Challenge Winners Reimagine Former Big Box Space
News 2 days ago
Eisenberg Challenge Winners Reimagine Former Big Box Space

Teams from Marquette University and the University of Illinois at Urbana-Champaign took home top honors at the ninth annual Harold E. Eisenberg...

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FHA Lending Veteran Returns to Draper and Kramer
News 2 days ago
FHA Lending Veteran Returns to Draper and Kramer

Draper and Kramer has hired Jacob Vial as SVP in the company’s commercial finance group, overseeing FHA/HUD lending for multifamily and senior...

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Chicagoland Chamber Gives Thumbs-Up to Lakefront Mega-Project
News 2 days ago
Chicagoland Chamber Gives Thumbs-Up to Lakefront Mega-Project

Landmark Development’s proposed One Central transit hub and mixed-use development would generate $120 billion in tax and fee revenues over the next...

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Penny Pritzker Offers $10M Prize to Boost Local Development
News 2 days ago
Penny Pritzker Offers $10M Prize to Boost Local Development

The Pritzker Traubert Foundation has launched the Chicago Prize, which will award $10 million in grant money to a development initiative on the...

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Greensheet Printing Plant Sells in Redeveloping Community
News 2 days ago
Greensheet Printing Plant Sells in Redeveloping Community

Helen Gordon Interests Ltd., founder of the Greensheet, sold 40,000 square feet of industrial space, situated on 6.2 acres, at 1690 North Loop West...

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RXR’s 32 Old Slip Gets $400M+ Refi from Mesa West
News 2 days ago
RXR’s 32 Old Slip Gets $400M+ Refi from Mesa West

NKF recently arranged a $404-million floating-rate loan to refinance RXR Realty’s 32 Old Slip in the Seaport District. RXR has owned the 1.2...

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Best Buy Subsidiary GreatCall to Open a Call Center
News 2 days ago
Best Buy Subsidiary GreatCall to Open a Call Center

GreatCall, a California-based company that provides wearable technology, along with health, safety and wellness applications for senior citizens,...

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Construction Underway on Port of Port Arthur Expansion
News 2 days ago
Construction Underway on Port of Port Arthur Expansion

A ground-breaking ceremony recently took place on a $37-million expansion at the Port of Port Arthur. The goal of the construction is to put into...

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J.M. Smucker Reported 1M-SF Tenant at Southport Logistics Park
News 2 days ago
J.M. Smucker Reported 1M-SF Tenant at Southport Logistics Park

On April 16, Logistics Property Co. LLC reported that it inked a 1.1-million-square-foot deal with “an iconic American Consumer packaged goods...

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Dealing with Trolls: Correcting Negative Online Reviews
News 2 days ago
Dealing with Trolls: Correcting Negative Online Reviews

An apartment complex can be the most well-run place around, with a boatload of great amenities, reasonable rent and an ideal location near...

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U.S. Treasury Dept. Issues Second Set of Opportunity Zones Guidance
News 2 days ago
U.S. Treasury Dept. Issues Second Set of Opportunity Zones Guidance

The U.S. Department of the Treasury on Wednesday issued its second set of proposed regulations related to the new Opportunity Zones tax incentive...

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Treasury Issues New Guidance on Opportunity Zones
News 2 days ago
Treasury Issues New Guidance on Opportunity Zones

By Dennis Kaiser The U.S. Department of the Treasury on Wednesday issued its second set of proposed regulations related to the new Opportunity...

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Stream Realty Obtains $123M Loan for RiverSouth Construction
News 2 days ago
Stream Realty Obtains $123M Loan for RiverSouth Construction

Developer Stream Realty Partners secured a $122.9 million construction loan for development of RiverSouth, a 360,860-square-foot office development...

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