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The nearly $165-million debt restructuring puts to rest, according to Madison Realty Capital, litigation between Eichner's Continuum and equity investors in the luxury condo tower at 45 East 22nd St.—Fortress Investment and Dune Real Estate Partners.
Strong long-term average growth and increased volume of deals is fueling increased lender interest in the San Diego industrial market, says Kevin Pleasant of Chase.
CBRE's analysis found rent spreads of 26% in Houston and Dallas/Fort Worth, confirming the current market for industrial and logistics real estate has growth remaining.