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MIAMI—Shahram Siddiqui, a partner at Berger Singerman, has a unique way of describing this particular part of the commercial real estate capital markets cycle: investors have gotten over their low-hanging fruit syndrome and are ready, willing and able to compete for value-add deals where structuring flexibility is the determining factor in winning a loan assignment.
MARLTON, NJ—NAI Mertz has completed the sale of a 156,280-square-foot multi-tenant, light industrial building located at 4 East Stow Road in Marlton, NJ, to Plymouth Industrial REIT, a Boston-based real estate investment corporation. The building is 97 percent leased.
CLEVELAND—Officials from both companies say that bringing in KeyBank to handle cash operations, routine servicing and asset management will mean faster response times.
BLOOMFIELD HILLS, MI—“We have the capability and the track record to develop from coast to coast,” Agree Realty Corp.'s president and CEO, Joey Agree, tells GlobeSt.com.
LIVINGSTON, NJ—While some say that rates will decline again, a number of Federal Reserve presidents are saying that they may raise rates as soon as this coming July, or September. One expert source takes a closer look in this <b>EXCLUSIVE</b> column.
HOUSTON--Hunt Mortgage Group has provided a $44,437,000 Freddie Mac loan to facilitate the acquisition and upgrading of a multifamily property located in The Woodlands, the company exclusively tells GlobeSt.com.
ORANGE COUNTY, CA—The retail investor completes the acquisition of a 30,000-square-foot building from US Bank after nearly two years securing entitlements to redevelop the property.