Safe Harbor for Now
My trip to Israel this week (for a speech to Israeli investors in U.S. real estate) reinforced the view that offshore investors see the U.S. as their only sure shot safe haven. Israelis generally have proved extremely savvy investors and the group of over 120 I met with had little interest in Europe—still viewed as a basket case economy—and apparently even less in China and other parts of Asia—not transparent enough.
NEW YORK CITY—Bearing the American Finance Trust name, the merged entity is a retail-focused REIT with an enterprise value of approximately $3.9 billion.
BOISE, ID—The new hire brings more than 35 years’ experience in commercial real estate finance to the middle-market loan provider.
NEWPORT BEACH, CA—A “forest for the trees” mentality, in addition to seeking yield for investors, is causing firms based in other markets to expand to the West Coast, creating more demand for talent in a tight market, RETS’ Kent Elliott tells GlobeSt.com.
Middle Market Digest
Here’s a look at this week's trends, announcements and deals that you may have missed in the country’s North West region.