Globest Sectors

The financing was announced by JLL Capital Markets, which worked on the deal on behalf of Summit to place eight uncrossed, fixed-rate loans with terms of 10, 12 and 15 years with a correspondent life insurance company.

The sector produced sky-high returns and strong transaction volume, but one factor could slow growth in 2020.

CommercialCafé released its top 50 priciest US office deals for 2019, indicating that history may well be on the way to repeating itself, with Oceanwide Center nabbed at $1 billion following the $1 billion Yahoo buy last year.

In the last decade, more than 90% of all owner-user deals in San Diego have been properties under 30,000 square feet.

JJ Steeley of Carbon Lighthouse talked about the adoption of energy reduction programs at ALIS this week.

Landsea Homes and Van Daele Homes plan to build an additional 100 homes in the community.

The market is vibrant, but will the continued loosening of underwriting standards, enticing more lenders into the market, put a damper on growth?

JAH Realty LP recently acquired a Tom Thumb shadow-anchored community center and office project with plans for renovations and re-merchandising for the 50%-occupied retail building and vacant office portion.