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Penn National Suspends Ops at Midwestern Casinos for 2 Weeks
News 2 weeks ago
Penn National Suspends Ops at Midwestern Casinos for 2 Weeks
Source Connect Media

Amid coronavirus concerns, Penn National Gaming said Friday it would temporarily suspend operations at its casinos in Illinois, Indiana and Ohio....

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Ariel Tapped to Sell Commercial Condos in South Bronx
News 2 weeks ago
Ariel Tapped to Sell Commercial Condos in South Bronx
Source Connect Media

Ariel Property Advisors has been retained to sell 950 Westchester Ave., a block-through commercial condominium property in the Longwood section of...

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REBNY Cancels or Postpones All March Events
News 2 weeks ago
REBNY Cancels or Postpones All March Events
Source Connect Media

The Real Estate Board of New York (REBNY) has postponed all events for the remainder of this month, including the Annual Members’ Luncheon...

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Revised Fenway Center Plan Gets the Nod from BPDA
News 2 weeks ago
Revised Fenway Center Plan Gets the Nod from BPDA
Source Connect Media

IQHQ Inc. said Friday that its Fenway Center PDA amendment has been unanimously approved by the Boston Planning & Development Agency (BPDA). The...

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Origin Buys Stabilized Multifamily Build in West Loop
News 2 weeks ago
Origin Buys Stabilized Multifamily Build in West Loop
Source Connect Media

Origin Investments acquired Monroe Aberdeen Place, a 120-unit apartment building in the West Loop, for $65.8 million. The seller and original...

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Altisource Portfolio Opens in El Paso, Plans 250 Hires
News 2 weeks ago
Altisource Portfolio Opens in El Paso, Plans 250 Hires
Source Connect Media

Altisource Portfolio Solutions U.S. subsidiary, currently in a temporary space in downtown El Paso, will open operations in a 30,000-square-foot...

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Lynd Acquisitions Group Pays $150M; Adds 1,059 Units to Portfolio
News 2 weeks ago
Lynd Acquisitions Group Pays $150M; Adds 1,059 Units to Portfolio
Source Connect Media

Lynd Acquisitions Group (LAG), an affiliated acquisition company of the LYND national multifamily management firm, acquired a portfolio of three...

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Harsch Adjusts Assignments for Seven in Seattle, Portland
News 2 weeks ago
Harsch Adjusts Assignments for Seven in Seattle, Portland
Source Connect Media

Portland-based Harsch Investment Properties plans new leadership assignments for several key team members. The changes involve seven people in both...

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Construction Underway on Corner Stone Plaza
News 2 weeks ago
Construction Underway on Corner Stone Plaza
Source Connect Media

Construction is underway on Corner Stone Plaza, a neighborhood retail center in the east Dallas suburb of Mesquite, TX. The 21,000-square-foot...

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$23M Refi Secured for 63-Acre Mount Princeton Hot Springs Resort
News 2 weeks ago
$23M Refi Secured for 63-Acre Mount Princeton Hot Springs Resort
Source Connect Media

The owner of Mount Princeton Hot Springs Resort obtained $23 million in refinancing for its 63-acre property in Nathrop, CO. Brian Fisher with...

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CAB Recognizes Portland Metro’s Top CRE Achievements of 2019
News 2 weeks ago
CAB Recognizes Portland Metro’s Top CRE Achievements of 2019
Source Connect Media

The Commercial Real Estate Development Association (CAB) of Oregon and Southwest Washington, in association with NAIOP, SIOR, BOMA and the Portland...

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H-E-B Curtails Hours, Closes Restaurants
News 2 weeks ago
H-E-B Curtails Hours, Closes Restaurants
Source Connect Media

San Antonio-headquartered H-E-B announced it would curtail store hours and close on-site restaurants of its Texas stores, in response to increased...

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TruAmerica Pays $54M to Buy 306-Unit Mission Springs Apartments
News 2 weeks ago
TruAmerica Pays $54M to Buy 306-Unit Mission Springs Apartments
Source Connect Media

TruAmerica shook hands with 29th Street Capital of Chicago to acquire Mission Springs Apartments, a 306-unit multifamily asset in Tempe, AZ. The...

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Connect Q&A: California’s 2020 Housing Politics with AAGLA’s Yukelson
News 2 weeks ago
Connect Q&A: California’s 2020 Housing Politics with AAGLA’s Yukelson
Source Connect Media

By Chris Egger As the state of California, alongside the rest of the nation and a global community, wrestle with a shared and critical response to...

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Local Brokerages Negotiate Austin-Area Leases
News 2 weeks ago
Local Brokerages Negotiate Austin-Area Leases
Source Connect Media

AQUILA Commercial, CBRE, ECR and RESOLUT RE negotiated the following leases in the Austin area: Arely Beauty Salon leased 1,460 square feet at...

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ValCap Group Sells 216-Unit Towers at Clear Lake
News 2 weeks ago
ValCap Group Sells 216-Unit Towers at Clear Lake
Source Connect Media

Within weeks of trading Trails at Lake Houston, seller ValCap Group is at it again. The Dallas-based owner-operator sold Towers at Clear Lake, a...

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Barry Sternlicht Sees V-Shaped Recovery in Stock Market
News 2 weeks ago
Barry Sternlicht Sees V-Shaped Recovery in Stock Market
Source Connect Media

Starwood Capital Group founder Barry Sternlicht has good and bad news for the stock market. He told CNBC on Friday he expects the stock market to...

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Root Insurance Becomes Inaugural Tenant at 2625 at Chandler Freeway Crossing
News 2 weeks ago
Root Insurance Becomes Inaugural Tenant at 2625 at Chandler Freeway Crossing
Source Connect Media

Billion-dollar start-up auto-insurance company Root Insurance was the first to sign a lease in 2625 at Chandler Freeway Crossing, a recently...

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Fort Lauderdale Office Asset Trades for $18M
News 2 weeks ago
Fort Lauderdale Office Asset Trades for $18M
Source Connect Media

Cushman & Wakefield has arranged the $18.2 million sale of Courthouse Place, a 66,426-square-foot office building located nearby the Broward County...

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Colliers Arranges Sale of 63K-SF Shopping Center in Jacksonville
News 2 weeks ago
Colliers Arranges Sale of 63K-SF Shopping Center in Jacksonville
Source Connect Media

Colliers International has brokered the sale of Mandarin Central, a 63,346-square-foot shopping center in Jacksonville. The sales price was not...

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Gladstone Acquires Distribution Center in North Georgia for $30M
News 2 weeks ago
Gladstone Acquires Distribution Center in North Georgia for $30M
Source Connect Media

Real estate investment trust Gladstone Commercial Corp. has acquired a 504,400-square-foot industrial distribution center in Crandall, GA. The...

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Gantry Secures Boardwalk’s $49M Bridge for HB’s 5th & PCH
News 2 weeks ago
Gantry Secures Boardwalk’s $49M Bridge for HB’s 5th & PCH
Source Connect Media

Walnut Creek, CA-based Boardwalk Investments Group is set with $48,750,000 in bridge financing for acquisition of the office and retail components...

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SRS Signs 55K SF at Burbank Town Center; Including 1st Terrace Tenant
News 2 weeks ago
SRS Signs 55K SF at Burbank Town Center; Including 1st Terrace Tenant
Source Connect Media

SRS Realty has announced a trio of new leases at Burbank Town Center, the 1.2 million-square-foot retail center anchoring downtown Burbank. The...

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Connect Q&A: Finance, Originations & Disruption. George Smith Partners’ Yazdi Explains
News 2 weeks ago
Connect Q&A: Finance, Originations & Disruption. George Smith Partners’ Yazdi Explains
Source Connect Media

By Chris Egger As global financial markets react to the unforeseen impacts and mitigation requirements of the Covid-19 virus, stabilizing...

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Progressive Signs Pair of Swim Schools to IE Leases
News 2 weeks ago
Progressive Signs Pair of Swim Schools to IE Leases
Source Connect Media

Rancho Cucamonga-based Progressive Real Estate Partners has signed a pair of leases for indoor swim schools at neighborhood shopping centers in...

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CBRE Secures $19 Million in Financing for UCSB Student Housing
News 2 weeks ago
CBRE Secures $19 Million in Financing for UCSB Student Housing
Source Connect Media

CBRE has secured an $18.5 million loan for The Hive Isla Vista, a five-property student housing portfolio near the UCSB campus in Santa Barbara, CA...

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Ulta, Xfinity and Kids Care Dental Sign for Storefronts at CityLine Sunnyvale
News 2 weeks ago
Ulta, Xfinity and Kids Care Dental Sign for Storefronts at CityLine Sunnyvale
Source Connect Media

Three new retailers have signed on at CityLine Sunnyvale, a 36-acre mixed- use master plan development from partners Sares Regis Group NorCal and...

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JLL Rolls Out Pre-Curated Workspaces to Fight the Office Blahs
News 2 weeks ago
JLL Rolls Out Pre-Curated Workspaces to Fight the Office Blahs
Source Connect Media

In the interests of helping corporate tenants overcome the workplace blahs. JLL is bringing three distinctly pre-curated workspaces, dubbed “JLL’s...

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Prologis: COVID-19 Volatility Could Boost Logistics Demand
News 2 weeks ago
Prologis: COVID-19 Volatility Could Boost Logistics Demand
Source Connect Media

The extent of the risks to economic growth posed by the novel coronavirus disease 2019 (COVID-19), and by extension the risks to commercial real...

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AREAA Manhattan Installs 2020 Board of Directors
News 2 weeks ago
AREAA Manhattan Installs 2020 Board of Directors
Source Connect Media

The Asian Real Estate Association of America (AREAA) Manhattan chapter recently installed its 2020 board of directors. The installation ceremony...

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