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We will continue to see more and more Ghost Kitchens pop up in key markets across the county to accommodate growing demand.
The industrial real estate sector showed significant gains in new redevelopment/redevelopment, building acquisitions and deal activity.
Eventually, special servicers or will deferrals from lenders are going to wear out.
Groups with deep pockets have lined up on both sides of the issue, including organizations that have dished out millions of dollars in political donations over recent years.
While transaction activity continued in the South, Florida saw a dramatic drop-off.
The loan was provided by a lending group led by Aareal Capital Corp., Citi and Credit Agricole.
The equity capital the fund will provide will be used for working capital to acquire, develop and operate affordable housing and community services.
Real estate investments make more sense for a 10-year time horizon.
The property is currently under a 17-year ground lease to Chase Bank.
Isacc Zion is leaving to pursue new opportunities. Meanwhile, the REIT has its own initiatives to handle.