News

Retail braces for Amazon/Whole Foods behemoth

Amazon’s move to acquire Whole Foods could speed up the bifurcation of the retail sector, with good retail poised to


Europe: Korean consortium buys Sainsbury’s logistics hub

A consortium of Korean institutional investors, represented by Knight Frank Investment Management, has bought a regional distribution hub for supermarket

Monday Properties makes first SoCal acquisition

Monday Properties has acquired Spectrum Tower, a seven-story office building in Laguna Hills, Calif., that marks the investment company’s first



Tech start up aims to shield CRE deals from hackers

Trustifi, a tech startup that aims to protect residential and commercial real estate transactions from cybercrimes, believes the industry needs


Los Angeles-adjacent office markets see rising activity

The office markets in cities adjacent to Los Angeles proper are seeing a substantial revival, with a number of prominent


Hines JV taps Goldman for Houston office loan

  A joint venture between Hines and Prime Asset Management has tapped Goldman Sachs for a $163.5m loan on 717 Texas Avenue, a Houston trophy office building.


Himmel + Meringoff snags Queens mixed-use building

Himmel + Meringoff has acquired a 127,000-square-foot office and retail building in Queens, N.Y., as part of a push to


People: StepStone brings on Morgan for research focus

StepStone Real Estate has hired Jay Morgan as a managing director to focus on research, manager selection and primary and


News in brief: Phillips Realty arranges $200m office loan

Phillips Realty Capital has arranged a $200m loan on behalf of Lerner Enterprises, the company announced. TH Real Estate, the


Blackstone selectively selling Los Angeles assets

  The Blackstone Group is selectively selling office assets in the Los Angeles area, quietly looking to harvest gains on many


Fortune, Rialto launch bridge lending platform

Fortune International Group and Rialto Capital Management have launched Vaster Capital, a private bridge lender that’s targeting the rising number


YTD CMBS issuance volume passes 2016 levels

Year-to-date issuance for commercial mortgage-backed securities hit an important milestone last week, as volume went past the levels seen during


DDR, Madison International recap retail portfolio

DDR Corp. and an affiliate of Madison International Realty have recapitalized a joint venture retail portfolio that totals $1.05bn. The




Moody’s/RCA CPPI: CBD office prices surge after sluggish growth

CBD office prices surged in April, posting gains of 1.6%, according to a report by Moody’s Investor Services and Real


Retail REIT pulls trigger on East Coast sales

Retail Properties of America, a retail real estate investment trust, is marketing three properties with a total size of more


JLL IPT tilts towards grocery-anchored centers

JLL Income Property Trust – an institutionally managed, non-traded real estate investment trust – is focusing in on its retail strategy.


New York owner carves out boutique office niche

K Property Group, a New York-based investment company that specializes in buildings of 300,000 square feet or less, is carving


Fed votes to raise interest rates

Citing a strengthening labor market and moderately rising economic activity, the Federal Reserve announced Wednesday that it would raise short