Finance

Cardinal Point Soars into South FL

CalSTRS traded the Class A, LEED Silver office building for nearly $50 million. The buyer plans to renovate the asset, which was built in 1983.

Office

Global Guide to REIT Investing

Stuart Eisenberg, assurance partner and leader of BDO’s Real Estate & Construction practice, delves into the diverse rules, regulations and nuances of investing abroad.

Finance

JV Lands $29M Construction Loan for Fort Lauderdale Hilton

Mission Capital Advisors arranged the financing on behalf of Merrimac Ventures and Driftwood Acquisitions and Development, to begin building a dual-brand, 218-key project.

Hotel

Regions

Change City

Group RMC Lands $63M for Chicago Office Purchase

JLL Capital Markets arranged the loan through Morgan Stanley, to facilitate the company's acquisition of a three-building Class A campus in the metro’s East-West corridor.
Chicago 14 August 2018 10:08
Nicola Crosby Buys $50M Houston Office Building

HFF worked on behalf of the buyer to arrange a seven-year, 4.6 percent fixed-rate acquisition loan for its purchase of Westgate I, a four-story, 249,00-square-foot asset.
Houston 14 August 2018 08:33
Walker & Dunlop Structures $120M for Miami Portfolio

Graham Cos.—which owns 1.2 million square feet of retail, industrial, office and multifamily space in Miami Lakes, Fla.—will use the proceeds to fund additional development projects in the area.
Miami 13 August 2018 10:31
Boston Hotel Project Receives $300M Loan

New Boston Hospitality and Omni Hotels & Resorts will use the financing, provided by a syndicate of banks, to construct a 1,055-key luxury property.
Boston 10 August 2018 11:32
CBRE Settles $17M Office Sale

Located at 2382 and 2386 Faraday Ave. in Carlsbad, Calif., the two-building property was recently renovated with both indoor and outdoor improvements, such as private courtyards and fiber optics.
San Diego 09 August 2018 13:29
How to Challenge Your Property Tax Assessments

A step-by-step guide from a veteran attorney to navigating the process of disputing real estate valuations by local government.
National 07 August 2018 17:45
Industry Faces Shortening Runway in 2018

The U.S. economy is showing few signs of deceleration, creating a matrix of growth opportunities across markets and property types. But for all its strengths, the real estate industry still faces its fair share of headwinds, as the post-recession recovery borders on a decade.
National 06 August 2018 10:37