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AUSTIN--CBRE Capital Markets Debt & Structured Finance group has arranged a little over $16 million in acquisition financing for Southwest Medical Village, a 100 percent occupied class A medical office building in Austin.
HOUSTON--The stars were out during the day as over 250 of the best and brightest met at the Houstonian here to network and get the latest on the city's CRE prospects. Click through the images to get a sample of what they saw.
NEW YORK CITY—The economic outlook bodes well for Manhattan's office market, but first-quarter negative absorption has become a hallmark of the recovery economy.
NEW YORK CITY—Macroeconomic volatility globally leaves the domestic economy, and less directly US commercial real estate, more vulnerable to shocks, say TIAA-CREF's Martha Peyton and Edward F. Pierzak.
NEW YORK CITY—Now in use as an office/industrial building, the 103,000-square-foot property is being marketed for investment or for residential conversion.
PHOENIX—Berkadia closed the recent sale of The Springs at Gilbert Meadows Apartments, a multifamily property located at 275 W. Juniper Ave. in Gilbert. The seller was LMREC CDO II REO XIII, Inc. of Beverly Hills, and the buyer was First American Exchange Company, LLC.
SAN FRANCISCO—The transaction effectively doubles Hudson's size, resulting in a $7 billion total market capitalization along with 26 high-quality office assets totaling approximately 8.2 million square feet and two Bay Area development parcels.
The Kroger Co. (NYSE: KR) operates over 3,000 supermarkets and convenience stores in the United States. For the period ending January 31st, 2015, it generated revenues of $108.47 billion and net income of $1.728 billion. Kroger has an investment grade rating (BBB) from Standard and Poor's.