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ROUND ROCK, TX—Even though M3 controlled the homeowners association and managed the property, the fractional ownership nature of the Links at Forest Creek was a challenging fit for most traditional lending programs.
SCOTTSDALE, AZ—Lincoln Property Company and Goldman Sachs will complete minor renovations at Gainey Center II, underscoring a continued demand and upside for class-A executive office space.
GRAND PRAIRIE, TX—Most DFW properties have been updated in recent years, so property valuations are at a premium and investors are expecting higher revenues than when properties were initially purchased.
LOS ANGELES—According to the latest REIT report from Equity Research, Public Storage continues to produce strong SS revenue and NOI growth, but its conservative investment strategy means they may miss out on some earnings.
SAN DIEGO—In order to provide opportunities for the innovation sector to grow, San Diego must update its community plans—some of which are more than 25 years old—Mayor Kevin Faulconer says at NAIOP's 'Lunch with the Mayor' program Thursday.
LOS ANGELES—The sale of a triple-net Walgreens at a record-low cap rate of 4.2% shows that cap rates for net lease product are still coming down, GlobeSt.com reports EXCLUSIVELY.
LOS ANGELES—The value of a management company is among the most-debated aspects of a REIT roll-up transaction, write Sherry Cefali and Nick Tarditti of Duff & Phelps in this EXCLUSIVE commentary.
CHICAGO—The increased competition for attractive retail properties throughout much of the US has led Next Realty to expand its program to acquire real estate with local partners.