Posted on 2/8/21
Top Net Lease Broker Karly Iacono Joins CBRE As The Firm’s Latest Strategic Hire
CBRE announced today the hiring of commercial real estate pro Karly Iacono, further enhancing the firm’s prominent Net Lease Property Group. Based in CBRE’s Saddle Brook, . . .
Posted on 2/8/21
Playa Hotels & Resorts N.V. Completes the Sale of Dreams Puerto Aventuras
Playa Hotels & Resorts N.V. (NASDAQ: PLYA) today announced that it closed on the sale of the Dreams Puerto Aventuras for a total consideration of $34.5 . . .
Posted on 2/8/21
Nathan’s Famous Opens 100th Ghost Kitchen Since Pandemic Began
JERICHO, N.Y.--(BUSINESS WIRE)--Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announced today the opening of its 100th ghost kitchen . . .
Posted on 2/8/21
PGIM Real Estate Completes Nearly $30 Billion in Transactions Worldwide in 2020
NEW YORK--(BUSINESS WIRE)--PGIM Real Estate completed nearly US$30 billion in transactions worldwide in 2020. The volume represents a total of 911 transactions and includes $10.2 billion . . .
Posted on 2/8/21
Rush Street Gaming Announces General Contractor for Portsmouth Casino
Rush Street Gaming, the developer and gaming operator for the upcoming $300 million Rivers Casino Portsmouth, announced Friday it has chosen a joint venture between Virginia . . .
Posted on 2/8/21
Brandywine Realty Trust: The Comeback Kid As Life Gets Back To Normal
A number of Real Estate Investment Trusts [REITs] have been showing up on my momentum screens the last week as potential buy candidates. A prime example . . .
Posted on 2/8/21
Lee & Associates Of Eastern Pennsylvania Brokers Two More Leases At New Castle, Delaware Complex, Bringing Portfolio To 100% Occupancy
Activity at 901 C and 905 Lambson Lane in 200,000 square foot business complexLee & Associates of Eastern Pennsylvania has completed approximately 82,000 square feet of leasing . . .
Posted on 2/8/21
Behind-the-scenes Donations to Buy Country Club Land Have Been Robust, Roland Park Leaders Say
Roland Park residents are raising funds to try to acquire one of the largest undeveloped parcels in their community, 20 acres owned by the Baltimore Country . . .
Posted on 2/8/21
Hanna Team At SVN | Miller Settle Another Lot In Princess Anne, MD
Henry Hanna, CCIM, SIOR recently sold 11501 Progress Lane, Princess Anne, Somerset County, Maryland to Element Consulting. This 5,680 square foot manufacturing facility was most recently . . .
Posted on 2/7/21
New York Real Estate Developers Flock to Miami as the Big Apple Struggles
Miami Real Estate is Being Reshaped by New York Capital Chasing Population Growth New York families are not the only ones migrating to Florida in search . . .
Posted on 2/7/21
Richmond Real Estate Firm Leases at Merchants Square
Cushman & Wakefield | Thalhimer is pleased to announce Shaheen, Ruth, Martin & Fonville Real Estate leased 1,908 square feet of retail-centric office space in Colonial . . .
Posted on 2/7/21
Berkadia Arranges Sale and Finance of 414-unit Multifamily Community Near Dallas
Berkadia announces it has arranged the sale and finance of Stewart Creek Apartments, a 414-unit garden-style community in the Dallas suburb of Frisco. Managing Directors Jay . . .
Posted on 2/7/21
Cresa Represents MDSi in Expansion, Subleasing of Secondary Warehouse
MDSi, Inc., a leading IT Solutions Partner with a comprehensive portfolio of products, professional services and supply chain solutions, has signed a 86,660-square-foot lease to expand . . .
Posted on 2/6/21
WCRE Represents Newtown Internal Medicine in Leasing of 3,594 SF of Medical Office Space
WCRE is proud to have exclusively represented Newtown Internal Medicine in the leasing of 3,594 square feet of medical office space located at One Summit Square, . . .
Posted on 2/6/21
CoStar Questions Why CoreLogic Took Lower Bid, CTFN Says
CoStar Group (NASDAQ:CSGP) is asking why CoreLogic (NYSE:CLGX) believes an $80/share deal with Stone Point and Insight Partners is superior to CoStar's $86 offer, CTFN said . . .
Posted on 2/5/21
Corporate Office Properties Trust CEO Steve Budorick on Q4 2020 Results - Earnings Call Transcript
Corporate Office Properties Trust (NYSE:OFC) Q4 2020 Earnings Conference Call February 5, 2021 12:00 PM ET.Good afternoon and thank you for joining us. 2020 was challenging . . .
Posted on 2/5/21
Miami Mixed-use Marina Destination Monty’s Coconut Grove Sells
JLL Capital Markets announced today that it arranged the sale of Monty’s Coconut Grove, also known as Bayshore Landing, a fully leased mixed-use marina, retail, office . . .
Posted on 2/5/21
Madison Communities Acquires Mixed Use Site in Suburban Raleigh
Madison Communities, an affiliate of Madison Capital Group, has recently acquired a 46-acre apartment and commercial site in Apex, NC a growing suburban of Raleigh. Located . . .
Posted on 2/5/21
Pebblebrook Hotel Trust Prices Public Offering of 1.75% Convertible Senior Notes
BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) today announced the pricing on February 4, 2021 of an underwritten public offering of $215,000,000 aggregate principal amount of . . .
Posted on 2/5/21
Freddie Mac Prices $369 Million Sustainability Bonds Offering of Guaranteed Tax-Exempt ML Certificates
MCLEAN, Va., Feb. 05, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of credit risk transfer securities backed by Tax-Exempt Loans . . .
Posted on 2/5/21
CBRE Appointed Exclusive Leasing Agent For 465,000 SF Office Property In Morris Plains, NJ
CBRE announced today it has been appointed the exclusive leasing agent for a 465,000sq.ft. office complex at 115 Tabor Road in Morris Plains, New Jersey by . . .
Posted on 2/5/21
Grandbridge Facilitates $9.15 Million Multifamily Refinance in Atlanta, GA
Grandbridge Real Estate Capital recently facilitated the closing of a $9,150,000 refinance loan secured by a 125-unit
Posted on 2/5/21
Alex. Brown Realty and Biynah Partners Close on Sale of Industrial Portfolio in Wisconsin and Minnesota
Alex. Brown Realty, Inc. (ABR) and Biynah Partners announce the sale of multiple industrial properties in Wisconsin and Minnesota to Kansas-based Platform Ventures. The portfolio sale . . .
Posted on 2/5/21
Dodge Momentum Index Increases to Start 2021
HAMILTON, N.J.--(BUSINESS WIRE)--The Dodge Momentum Index increased 3.1% in January to 139.4 (2000=100) from the revised December reading of 135.2. The Momentum Index, issued by Dodge . . .
