Michael Sodo

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  • Ratings Agencies Review ARCP Accounting Errors; SEC Expected to Investigate

    Shares in American Realty Capital Properties continued dropping Thursday, one day after the REIT admitted there were accounting errors that were intentionally covered up in its recent financial statements leading to the resignation of two top executives, reviews by two ratings agencies and a possible investigation by the U.S. Securities and Exchange Commission.

    National 30 October 2014 20:43

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    On behalf of U.S. bank, special servicer CWCapital Asset Management disposed of the 281,762-square-foot property within the 280 Corporate Center Business Park in Roseland, N.J. Several CBRE teams helped broker the transaction.

    31 July 2017 13:20
  • Ohio Quarter Horse Association Relocates to Columbus

    The association will move from Richwood, Ohio to a 26,000-square-foot mixed-use building in Columbus, Ohio once improvement work at the facility finalizes.

    09 May 2017 13:50
  • Gilbane Adds Member to Chicago Team

    Kevin Connolly will serve as the new senior manager of business development and will be in charge of the company’s private sector growth initiative.

    09 October 2017 15:04
  • Colliers Secures 181 KSF NJ Industrial Lease

    ASA Apple Inc. will occupy a significant amount of Prologis' 385,140-square-foot building, located 3 miles from the New Jersey Turnpike.

    12 September 2017 15:42
  • CMBS Delinquencies

    The total delinquent balance fell for multifamily ($-38m, $484.1m), lodging (-$134m, $1.2b), office (-$122m, total $5.3b), industrial (-$59m, $1b), and rose for retail ($61m, $5.6b).

    30 August 2017 18:51
  • UC Funds Launches New Product

    In a constrained lending environment, non-traditional lenders are offering increased flexibility. Daniel Palmier, president & CEO of UC Funds, explains what factors sponsors should consider when looking for a financing partner.

    29 August 2017 08:45
  • What to Consider When Subleasing Office Space

    Ray Triana of Manatt, Phelps & Phillips, who specializes in legal advisement on finance, development and leasing, examines the risks and considerations that must be taken into account by involved parties before entering into a sublease.

    01 June 2017 13:17
  • CRE Transaction Volume and Percent Change

    The volume has ranged over the past 10 years from $13.2 billion in the first quarter of 2009 to $160.2 billion in the fourth quarter of 2015.

    24 July 2017 15:11
  • Bedrock Reveals $2B, Multi-Project Plan for Detroit

    New buildings and renovations will expand the city’s office, residential, retail and hospitality offerings, continuing the city’s transformation into a magnet for businesses and visitors.

    22 September 2017 11:24
  • Movie Theater Skepticism Breeds Net Lease Opportunity

    Why movie theaters present an interesting net lease investment opportunity for those seeking concepts with long-term viability and higher yields, according to JLL Senior Vice President Matthew Berres and Associate Scott Bailey.

    18 October 2017 14:02