real estate

CT office portfolio trades for $19M

CBRE announced the sale of three Westport, CT properties for a total value of $19.35 million. The team of Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Richard Gatto, Fahri Ozturk and Travis Langer of CBRE’s Institutional Properties Group represented the seller, Leifer Properties in the disposition of two medical properties and a boutique office …

CT office portfolio trades for $19M Read More »

Athene to acquire Petros PACE Finance

Athene Holding has entered into an agreement to acquire Petros PACE Finance, a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing to owners and developers of commercial properties throughout the United States. Since 2016, Petros PACE Finance has originated over $700 million in long-term, fixed-rate financing for energy efficiency, water efficiency, renewable energy and resiliency projects. C-PACE …

Athene to acquire Petros PACE Finance Read More »

Global Commercial Real Estate Firm Opens West Coast Hub in Denver

Chicago-based Vestian has announced the opening of a Denver office in the Denver Tech Center at 4600 S. Syracuse St. The company serves major domestic and international companies with offices throughout the U.S., Europe, India and China. The establishment of its new Denver office is a result of increased client needs as well as Vestian’s ongoing strategic growth plan objectives. …

Global Commercial Real Estate Firm Opens West Coast Hub in Denver Read More »

Trump Sues AG to Stop Investigation Into His Real Estate Business – Commercial Observer

Former President Donald Trump filed a lawsuit against New York Attorney General Letitia James on Monday in an attempt to block her civil investigation into whether the real estate mogul submitted false property values to potential lenders. The lawsuit claims James’ investigation is politically motivated and asks a judge to halt the attorney general’s work, …

Trump Sues AG to Stop Investigation Into His Real Estate Business – Commercial Observer Read More »

High Country Real Estate Transactions Level Out For November

As is usually the case this time of year, High Country real estate transactions declined overall for the month of November. High Country MLS reported less homes sold, less inventory, and less sales volume than recorded the previous month, but this comes as no surprise to local Realtors®. The National Association of Realtors® did release …

High Country Real Estate Transactions Level Out For November Read More »

CIM Real Estate Finance Trust, Inc. to Sell Non-Core, Multi-Tenant Retail Properties for More Than $1.32 Billion | Business

PHOENIX–(BUSINESS WIRE)–Dec 20, 2021– CIM Real Estate Finance Trust, Inc. (“CMFT”) announced today that it has entered into an agreement to sell all of its shopping centers to American Finance Trust, Inc. (“AFIN,” NASDAQ: AFIN) for up to $1.27 billion in total cash consideration, $53.4 million in AFIN stock, and additional consideration based on certain …

CIM Real Estate Finance Trust, Inc. to Sell Non-Core, Multi-Tenant Retail Properties for More Than $1.32 Billion | Business Read More »