Globest Sectors

The groundbreaking ceremony followed last month's announcement that National Realty Investment Advisors and U.S. Construction closed on a $73-million loan from CIM to begin construction on their Ocean Delray development.

The plans will support efforts to attract community-supported Opportunity Zone investments, build investment readiness, and help the respective communities to meet their goals for Opportunity Fund investment.

The deal, announced by CBRE Capital Markets' Debt & Structured Finance team, is for the Jersey City-based real estate developer's The Charlotte project, which will feature 750 units at 25 Christopher Columbus Drive in Jersey City.

With the sale-leaseback agreement, Transformco, the parent company of Kmart and Sears, continues to occupy the property to operate its main distribution center for the entire Southeast US that support Sears, Kmart, and Hometown stores.

Steven Steckler of Sentry Claims Group shares some insights on how insurers are preparing for large-scale disasters, how residents can prepare, and the technology used to assess damage and file claims, in this EXCLUSIVE.

The four prized food and agribusiness-related sites are occupied by California Natural Products.

Wilshire Capital Partners buys 3900 Camelback Center class-A, LEED Gold Certified office building located in the Camelback Corridor.

Real estate players suspect the housing market has peaked and is heading modestly lower this year with new data that shows residential starts are down for the single family and multifamily sectors.