Capital Markets

Prior to this purchase, the New York-based investor owned only one property in Florida.

Distressed hotel assets have been hard to find as lenders have been willing to extend forbearance.

John Hinson joins Shafer in moving to Capital Real Estate Group.

Inbound foreign investment fell 31% year-over-year, while outbound investment fell 29%.

UCLA won the Silver Shovel at the 23rd annual NAIOP SoCal USC vs. UCLA Real Estate Challenge, which was held virtually this year.

CenterCal Properties has secured a $274 million loan to refinance a 2.7 million square-foot retail portfolio on the West Coast.

But Paycheck Protection Program loans could give the sector a boost.

Most banks will likely stop writing those contracts by June to allow a six-month grace period.