‘MedTail’ Gives Some Struggling Malls a New Lease on Life
Commercial Real Estate Direct Staff Report Emory Healthcare's decision earlier this month to expand its footprint at Northlake Mall in the Atlanta suburb of Tucker, Ga., has shined a light on the growing trend of medical and healthcare tenants...
CIP Real Estate Pays $99Mln for Coconut Creek, Fla., Industrial Park
South Florida Business Journal CIP Real Estate has paid $99 million, or $293.43/sf, for the 337,392-square-foot Lyons Corporate Park in Coconut Creek, Fla., about seven miles southwest of Boca Raton, Fla. The Irvine, Calif., investor bought the 10-building business...
Freddie Mac Funded $18Bln of Multifamily Loans in 2Q
Freddie Mac funded $18 billion of multifamily mortgages during the second quarter, a 50% increase from the $12 billion it funded during the same period a year ago. The latest quarter brings the housing-finance agency's lending activity for the...
Slate Property Raises $1Bln for Low-Leverage Lending Strategy
Slate Property Group has raised up to $1 billion under a separately managed account that it will invest in lower-leverage senior construction and bridge loans against apartment properties. Slate is a New York investment manager that has completed more...
Brookfield and NextEra to Develop $100Bln Data Center in Paducah, Ky.
Bloomberg Brookfield and NextEra Energy are planning a $100 billion data center at the former Paducah Gaseous Diffusion Plant in Paducah, Ky. The Department of Energy selected Brookfield to lease, develop and operate the data center campus, while NextEra,...
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