Globest Sectors

In many instances, the commercial property and sales tax revenue generated from a WPG asset is essential to the municipality within which it is situated, Louis G. Conforti writes.

Investors are wary of the future of branches, while banks try new approaches.

The investor entered into an agreement to purchase the 869,000-square-foot mall and plans to reinvent it into a mixed-use asset.

JLL closed the sale of the five-property, 539,109-square-foot portfolio in Tinley Park, IL to Boston-based buyer, High Street Logistics Properties.

Berkadia secured the $37.33 million recapitalization on behalf of the borrower, Advenir.

Realogics Sotheby's International Realty makes moves to further establish market share in the Greater Seattle Area at a time when luxury sales are on pace on new inventory and new sales are constant.

The company has also made additional promotions to the following positions to bolster its construction, finance and property management teams.

NEW YORK—SL Green Realty has announced two deals in the last 24 hours. In one, the REIT has entered into a contract to sell its recently repositioned…