REISTERSTOWN, MD—The arbitrate between the cap rate of the acquisition and the cap rate at which the pad sites could be sold for was between 200 to 300 basis points, Dean Zang tells GlobeSt.com's Erika Morphy.
BALTIMORE, MD--Work has started on 414 Light St., in Baltimore, according to Lendlease, the company tapped to provide construction management services…
WASHINGTON, DC—The High Volatility Commercial Real Estate has been in place more than a year but gateway market borrowers might not have noticed its effect because of investors' strong interest in markets like Washington DC, according to CREFC's Christina Zausner.
WASHINGTON, DC—This market cycle is starting to wind down and commercial real estate lenders are duly battening the hatches, according to the Winter/Spring 2016 RELA-Chandan Survey of Commercial Real Estate Lender
Sentiment.
TOWSON, MD—Canada's Slate Retail REIT has developed an appetite for US shopping centers. Meanwhile, Greenberg Gibbons is buying out its partner's stake in a local mall and investing $20 million to renovate it.
HERNDON, VA—Other financing has been provided by a joint venture equity partner and Eagle Bank, which provided $10.5 million last year for pre-development and acquisition financing.
WASHINGTON, DC--The JBG Cos. and ICG Properties' anchor tenant at 900 16th St. NW has moved into its 87,000 square feet at the trophy building. Normandy RE is still bullish on Northern Virginia opportunities having just scooped up President's Park in Herndon.
