Posted on 4/23/20
Industrial Construction Continues in Most Major U.S. Markets Despite COVID-19
Despite economic disruptions caused by COVID-19, industrial construction is continuing in the majority of major U.S. markets, according to a new CBRE report. CBRE’s analysis found . . .
Posted on 4/22/20
Innovative Industrial Properties Acquires Michigan Property and Expands Real Estate Partnership with Cresco Labs
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated . . .
Posted on 4/17/20
$39.6M Apartment Portfolio in the Central Valley Sold by The Mogharebi Group
MODESTO, Calif.--(BUSINESS WIRE)--The Mogharebi Group ("TMG") has completed the sale of The Commons Apartment Homes, a 100-unit community, and Summerview Apartment Homes, a 136-unit community, in . . .
Posted on 4/14/20
Demand for Industrial Cold Storage to Increase as Result of COVID-19
Increased online grocery shopping will drive need for more cold storage space in U.S. The COVID-19 pandemic is creating massive disruption in the food industry, which . . .
Posted on 4/13/20
LeaseLock COVID-19 Rent Payment Report: Most Metros Show Decrease in April Rent Payments
MARINA DEL REY, Calif.--(BUSINESS WIRE)--LeaseLock, the only provider of a nationwide A-rated lease insurance program that totally eliminates security deposits, surety bonds and guarantors in rental . . .
Posted on 4/13/20
CBRE Named An “All Star” Outsourcing Firm, Recognized For “Sustained Excellence”
CBRE Group, Inc. today announced that the company has been recognized as an “All Star” firm in IAOP®’s annual assessment of global outsourcing companies across all . . .
Posted on 4/10/20
Record Breaking Sale of $45.5M Apartment Community in Grand Terrace Sold by The Mogharebi Group
GRAND TERRACE, Calif.--(BUSINESS WIRE)--The Mogharebi Group (“TMG”) has completed the sale of The Heights at Grand Terrace, a 228-unit community,that is located on De Berry Street. . . .
Posted on 4/8/20
Gemini Rosemont Development Acquires 171 North First Street for $18.2M
Gemini Rosemont Development, a New York City-based division of Gemini Rosemont specializing in developing premier residential and office properties, has acquired 171 North First Street in . . .
Posted on 4/8/20
Extra Time on Your Hands? Organize Your Life and Look Deep Inside to Emerge Stronger, Say Experts
With hour-long commutes reduced to a few steps, lunch out with colleagues or clients put on temporary hold and, in many cases, less work to deal . . .
Posted on 4/3/20
Berkadia Completes $14.6M Recapitalization of Apartments Community Near Sacramento
Berkadia announces it has arranged $14.6 million in refinancing for Sierra Ridge Apartments, a 148-unit multifamily community in Citrus Heights, California, northeast of the state capital . . .
Posted on 4/2/20
LTC Completes Divestiture of Preferred Care Portfolio
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC), a real estate investment trust investing in seniors housing and health care properties, today announced the completion of . . .
Posted on 4/1/20
Marcus & Millichap Acquires Dallas-Based Metropolitan Capital Advisors
Marcus & Millichap, Inc. (NYSE: MMI), a leading brokerage firm specializing in commercial real estate investment sales
Posted on 3/31/20
Columbia Property Trust Completes Sale of Office Park in Suburban Los Angeles
Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has completed the sale of Pasadena Corporate Park, a three-building office complex containing 260,000 square feet . . .
Posted on 3/31/20
CBRE Group Earns ENERGY STAR Partner of the Year Sustained Excellence Award
The U.S. Environmental Protection Agency (EPA) has recognized CBRE with a 2020 ENERGY STAR® Partner of the Year Sustained Excellence Award for continued leadership and superior . . .
Posted on 3/30/20
Broadshore Capital Partners Closes $37.1M Acquisition of 280-unit Apartment Community in Jacksonville, FL
LOS ANGELES--(BUSINESS WIRE)--Broadshore Capital Partners (Broadshore), in joint venture with an investment client, announced today that it has acquired the 280-unit Victoria at Orange Park apartment . . .
Posted on 3/30/20
More Than 15,000 Stores Could Close Permanently in 2020
The coronavirus pandemic will be blamed, but it's not the only reason retail store closures will set a record in 2020. The virus has, of course, . . .
Posted on 3/26/20
Retail REITs Quake As The Cheesecake Factory Goes On Strike
On Wednesday, Eater reported that the Cheesecake Factory (CAKE) is going on strike; rent strike that is. The large dining chain will not be paying its . . .
Posted on 3/25/20
Reich Brothers Announces Long Term Lease to Amazon of its Salem, Oregon Facility
Reich Brothers is pleased to announce that it has entered into a long term lease with Amazon for its 129,850 square foot facility in Salem, OR. . . .
Posted on 3/25/20
Replace Feelings of Helplessness with Hope, Positivity and Gratitude, Experts Recommend
Finding a silver lining and a reason for hope during the current challenging environment is easier said than accomplished but, according to the advice of several . . .
Posted on 3/25/20
Thorofare Capital Funds $23.8M Acquisition Loan for Beverly Hills Portfolio
Thorofare Capital has funded a $23,800,000 acquisition loan for a Beverly Hills, CA portfolio. The properties include
Posted on 3/24/20
Record Breaking Sale of $5,375,000 Apartment Community in Coachella Sold by The Mogharebi Group
COACHELLA, Calif.--(BUSINESS WIRE)--The Mogharebi Group (“TMG”) has completed the sale of Valle Vista, a 48-unit community,that is located on Tripoli Way and Cairo Street. The property . . .
Posted on 3/23/20
Steven Weinstock Named National Director of Marcus & Millichap’s Self Storage Division
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Steven D. . . .
Posted on 3/23/20
Steven Weinstock Named National Director of Marcus & Millichap’s Self Storage Division
CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that . . .
Posted on 3/23/20
Alec Nedelman Joins Katten's Real Estate Practice as Senior Counsel
Katten announced today that Alec G. Nedelman has joined the firm’s Real Estate practice as Senior Counsel. He will be advising
Posted on 3/23/20
Terreno Realty Corp. Announces Lease in Carson, CA
SAN FRANCISCO--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has . . .
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