Professional SErvices News
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Headlines
Leitbox Storage Partners Completes Self-Storage Facility in Charlottesville, VA
Construction completion further solidifies Leitbox’s reputation for disciplined execution in a sector where development risks are rising.
Eagle Point Closes $18 Million Project Financing for Cross Trails Battery Energy Storage System (BESS), Supporting Grid Resiliency in Texas
Supported by a 10-year offtake agreement, the first of its kind in the ERCOT region, the Cross Trails BESS enhances sustainability and grid resiliency.
KKR Announces Offering of Senior Notes
KKR intends to use the net proceeds from the sale of the notes for repurchase and refinancing of existing indebtedness of its subsidiary, KKR Financial Holdings LLC.
ExchangeRight Fully Subscribes $62 Million Net-Leased Portfolio 69 DST, Expanding Essential Income REIT Pipeline
Net-Leased Portfolio 69 DST is a closed offering that comprises 11 long-term net-leased properties.
Recent News
Why NYX Capital Sold Its $310M Self-storage Portfolio: President and CEO Yashar Fatehi Cites Economy, Market Conditions for Timing of Sale
Why NYX Capital Sold Its $310M Self-storage Portfolio: President and CEO Yashar Fatehi Cites Economy, Market Conditions for Timing of Sale July 13, 2023 | Tyler Choi | ...
Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes
Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes July 11, 2023 | PRNewswire Shopoff Realty...
Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up July 17, 2023 | Lily Katz | RedFin A record low number of homes for sale combined with an...
StratCap Acquires Approximately $90 Million in Digital Infrastructure Assets
StratCap (“StratCap” or “the Company”) announce today that in Q2 2023 the Company acquired nearly $90 million of essential digital infrastructure assets including 13 cell...
How many interval funds reported total assets of at least $1 billion as of March 31, 2023?
How many interval funds reported total assets of at least $1 billion as of March 31, 2023? Answer: Sixteen funds reported assets in excess of $1 billion as of March 31,...
ExchangeRight REIT Completes 506(c) Conversion Following Successful Public Reporting Launch
ExchangeRight REIT Completes 506(c) Conversion Following Successful Public Reporting Launch July 12, 2023 | ExchangeRight ExchangeRight, one of the nation’s leading...
More articles…
‘The COVID Discount Bin’: Investors Lose Confidence In CRE As REIT Stocks Slump
While major stock indices show the market has largely recovered from its coronavirus-induced plunge, REIT stocks are still well below their pre-crisis levels, showing a lack of investor confidence in…
Open-Air Retail’s Dominance Could Last Well Beyond The Pandemic
One of the lasting effects of the coronavirus pandemic on the retail sector may be a bias against indoor shopping experiences among customers and developers, retail…
Sovereign Wealth and Public Pension Direct Investments in Data Centers Outpace Hotels in 2020
Cash-rich sovereign wealth funds and public pensions are feeling more comfortable directly investing in data centers versus hotels and resorts…
Office Market Could Shed 145M Square Feet in the Next Two Years
The office market has been rocked by the pandemic, thanks to both widespread job loss and remote work mandates. Now, a new report from Cushman & Wakefield captures the pandemic’s impact on…
Retailers Restructured and Disposed Assets During the Last Downturn. Here’s How This Time Is Different.
The pandemic is forcing grappling retailers across the U.S. to make tough decisions. Some are trimming store fleets or shutting down operations altogether. According to a recent report from…
Tech Giants’ Projected Headcount Growth Means They Won’t Be Giving Up on Office Space
Earlier this year, many of the largest technology firms announced they would let their employees work from home well into next year or even permanently. This made it seem like the technology…
Commercial Construction Could Be Rebounding: US Chamber
Is commercial construction recovering? Maybe. The U.S. Chamber of Commerce Commercial Construction index for the third quarter rose to…
Adjustments in Pricing Lag a Decline in Property Values
One thing that buyers and sellers can agree on these days is that there has been a reset in property values across many sectors and geographic markets. Yet the sticking point that…
Hotel Developers Continue to Open New Sites Despite Brutal Market Conditions
Despite the well-documented plummet in demand for hotel rooms that has only partially recovered from the lows at the height of worldwide COVID-19 precipitated lockdowns, developers are…
CNB Custody Enhances Services by Launching Direct Real Estate in Self-Directed IRAs
CNB Custody Enhances Services by Launching Direct Real Estate in Self-Directed IRAs September 18, 2020 CNB Custody is pleased to announce we are now able to custody direct real estate investments within IRAs. Senior Vice President of Operations, Jenny Heiman, says...










