Southeast

“Another 60 basis point rate hike will be difficult to absorb.”

McCormick, a long-time industrial real estate specialist based out of Irvine, CA, most recently served as SVP – national accounts for real estate development and investment firm Rockefeller Group International.

“The Grandstand offers new ownership tremendous headroom given the significant rent spreads achieved by nearby, fully renovated communities,” says Shea Campbell, a senior vice president at CBRE.

The new organizational structure will replace the existing operations that manage CBRE's services business within its existing geographic businesses—Americas, EMEA and APAC. That structure will remain in effect for the remainder of 2018.

Al Rayyan Tourism Investment Co. refinanced three high-end hotels for a total of $503 million.

Since 2015, the Fogelman-Thackeray partnership has acquired seven multifamily communities totaling more than 1,800 units, with an aggregate value of more than $220 million.

The brand-new property at 6850 Weber Blvd. in North Charleston is net leased to FedEx Ground for 15 years and totals 265,318 square feet.

“I'm excited to be a part of a company that is focused investing in the affordable housing industry to help create quality homes for consumers,” says Monarch Private Capital's Brett Barringer.