Posted on 8/17/20
Industry Leader Bill Grice Joins CBRE Hotels as Co-Head Hospitality Capital Markets
CBRE announced today that Bill Grice has joined CBRE Hotels as Executive Vice President and Co-Head of Hospitality Capital Markets. Based at the firm’s Atlanta office, . . .
Posted on 8/14/20
Maria Hawthorne to Retire as CEO of PS Business Parks
GLENDALE, Calif.--(BUSINESS WIRE)--PS Business Parks, Inc. (NYSE:PSB) today announced that Maria R. Hawthorne will retire as President and Chief Executive Officer of the Company, effective September . . .
Posted on 8/14/20
Realty Income Shares Have Gone Nowhere For 4 Years
On Aug. 3, 2016, I wrote an article with the title "Realty Income Corporation: Even More Extravagantly Overpriced."Since that date, Realty Income shares have lost 12.2% . . .
Posted on 8/17/20
Interview with Babak Movassaghi, CEO at InfiniteMD
Telehealth is certainly a complex and evolving industry, especially over the past few months. Due to COVID-19, now more than ever, elite clinical teams are being sought . . .
Posted on 8/12/20
FCPT Acquires Tires Plus Property for $2.2M
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties, is pleased to . . .
Posted on 8/11/20
Shawmut Design and Construction Expands Client Service Offerings and Strengthens Leadership Team
Award-winning construction management firm continues investments in world-class talent with four new executive hiresIn response to increased client demand, Shawmut Design and Construction, a leading $1.5 . . .
Posted on 8/11/20
Columbia Pacific Arranges $15.5M Loan for Manufactured Home Community in Lake Charles, La.
Fully Capitalized Bridge Lender Provides Funds to Enable Gulf Stream Manor to Refinance its Existing MortgageColumbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, . . .
Posted on 8/10/20
Office Leasing By Tech Companies Slowed In Second Quarter
Momentum slowed in the second quarter for technology companies’ leasing of office space, though a few markets posted sizable gains in activity, according to a new . . .
Posted on 8/10/20
RMO LLP Expands to Miami
MIAMI--(BUSINESS WIRE)--Los Angeles-based trust, estate and probate litigation firm RMO LLP has expanded to the East Coast with the opening of a Miami office helmed by . . .
Posted on 8/10/20
Commercial Real Estate Lending Eases in Q2 2020 as Underwriting Turns Conservative
Commercial real estate mortgage markets navigated a difficult period in Q2 2020 following the onset of Covid-19, as lenders were selective in their deal and property . . .
Posted on 8/9/20
Greystone Provides $51.3M in HUD-Insured Financing for Multifamily Property in California
NEW YORK (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance firm, has provided a $51.3 million HUD-insured loan to refinance a 206-unit multifamily . . .
Posted on 8/6/20
Marcus & Millichap Appoints Steve DeGennaro CFO
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the appointment of . . .
Posted on 8/5/20
Parallel Capital Partners Announces New Systems, Protocols to Ensure Commercial Tenants’ Safety During Covid-19 Pandemic
First Commercial Buildings in Downtown Phoenix to Install Plasma Air Systems to Effectively Reduce Airborne Bacteria and VirusesOne Arizona CenterWith safety concerns amid the COVID-19 outbreak . . .
Posted on 8/5/20
Scantron Enters into Two Sale-leasebacks
JLL Capital Markets announced today that it has closed two office and industrial sale-leasebacks in two separate transactions for Scantron in Eagan, Minnesota, and Omaha, Nebraska, . . .
Posted on 8/5/20
Macy’s Backstage Opens 11 Stores on August 8, including Macy’s Wheaton
Macy’s will open Macy’s Backstage at Wheaton on Saturday, August 8, joining Macy’s Backstage Bowie Town Center, Downtown Metro Center, Dulles Town Center, Fair Oaks, Lakeforest, . . .
Posted on 8/4/20
UHY Study Shows Homebuyers In The US Have Some Of The Lowest Rates Of Property Tax In The World
- Low property transfer tax promotes labour mobility and grow economy - Pressure to increase property taxes to address costs of coronavirus - Spain, Belgium and . . .
Posted on 8/4/20
Lee & Associates Closes $6.5 Million Transaction in Van Nuys
A 1.2-acre site located adjacent to the 405 Freeway at the Roscoe Blvd. on-ramp has changed hands for $6.5 million. The seller, a prominent real estate . . .
Posted on 8/3/20
Realty Income Q2 FFO Beats; Collects 91.5% of July Rent
Realty Income (NYSE:O) collected 91.5% of contractual rent due for July across its total portfolio and 86.5% of rent due for Q2.Reinstates 2020 acquisition guidance of . . .
Posted on 8/3/20
Hudson Pacific Properties and Blackstone Announce Completion of Joint Venture
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) and Blackstone (NYSE: BX) today announced that funds affiliated with Blackstone Property Partners have completed . . .
Posted on 8/2/20
FCPT Announces Acquisition of an Olive Garden Property and Adjacent Land for $5.5M
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties, is pleased to . . .
Posted on 7/30/20
Madison Realty Capital Appoints Brian Chase As COO
Madison Realty Capital (MRC) announced it has appointed Brian Chase as its new Chief Operating Officer (COO), to support the firm’s operations and core business functions, . . .
Posted on 7/30/20
$49.7 Million Apartment Building in La Verne Sold by The Mogharebi Group
LA VERNE, Calif.--(BUSINESS WIRE)--The Mogharebi Group, (“TMG”) has completed the sale of Amber Ridge, a 147-unit community that is located on the historic Route 66 in . . .
Posted on 7/29/20
Kilroy Realty Signs Leases Totaling 286,000 SF
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today said it signed new or renewing leases on approximately 286,000 square feet in its stabilized portfolio during the . . .
Posted on 7/29/20
Revolve Appoints Melanie Cox to the Board of Directors
LOS ANGELES--(BUSINESS WIRE)--Revolve Group, Inc. (NYSE: RVLV) today announced the appointment of retail industry veteran Melanie Cox to its board of directors, as well as the . . .
Posted on 7/28/20
Boston Properties and Continental Development Announce a Joint Venture
BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced today that it . . .
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