www.connectcre.com Open in urlscan Pro
2606:4700:3030::6815:567f  Public Scan

Submitted URL: https://email.connectcre.com/e3t/Ctc/OP+113/cKwRj04/VWzCGx14RkfGW899Rwt1NbF1xW5NMkyh50GdcdN4xH9dD3q3nJV1-WJV7CgDvvW3ZDdqq8gkh...
Effective URL: https://www.connectcre.com/?utm_campaign=Connect%20Media%20Awards%20Program&utm_medium=email&_hsmi=265332456&_hsenc=p2ANqtz...
Submission: On August 09 via manual from IL — Scanned from DE

Form analysis 4 forms found in the DOM

GET https://www.connectcre.com/

<form role="search" method="get" class="search-form" action="https://www.connectcre.com/">
  <span>
    <input type="search" class="search-field" placeholder="Search …" value="" name="s">
  </span>
  <span><label>Select Market</label><select name="story-market">
      <option></option>
      <option value="alabama">Alabama</option>
      <option value="alaska">Alaska</option>
      <option value="arizona">Arizona</option>
      <option value="arkansas">Arkansas</option>
      <option value="atlanta">Atlanta</option>
      <option value="atlanta-southeast">Atlanta &amp; Southeast</option>
      <option value="atlanta-metro">Atlanta Metro</option>
      <option value="austin">Austin</option>
      <option value="baltimore">Baltimore</option>
      <option value="bay-area">Bay Area</option>
      <option value="boston">Boston</option>
      <option value="boston-new-england">Boston &amp; New England</option>
      <option value="california">California</option>
      <option value="carolinas">Carolinas</option>
      <option value="central-florida">Central Florida</option>
      <option value="chicago-midwest">Chicago &amp; Midwest</option>
      <option value="colorado">Colorado</option>
      <option value="connecticut">Connecticut</option>
      <option value="dallas-fort-worth">Dallas-Fort Worth</option>
      <option value="dc">DC</option>
      <option value="dc-metro">DC Metro</option>
      <option value="delaware">Delaware</option>
      <option value="downtown-chicago">Downtown</option>
      <option value="downtown-new-york-tri-state">Downtown New York</option>
      <option value="fairfield-westchester">Fairfield/Westchester</option>
      <option value="florida">Florida</option>
      <option value="florida-gulf-coast">Florida &amp; Gulf Coast</option>
      <option value="georgia-atlanta-southeast">Georgia</option>
      <option value="global">Global</option>
      <option value="greater-chicagoland">Greater Chicagoland</option>
      <option value="gulf-coast">Gulf Coast</option>
      <option value="hawaii">Hawaii</option>
      <option value="houston-galveston">Houston-Galveston</option>
      <option value="idaho">Idaho</option>
      <option value="illinois">Illinois</option>
      <option value="indiana">Indiana</option>
      <option value="inland-empire">Inland Empire</option>
      <option value="iowa">Iowa</option>
      <option value="kansas">Kansas</option>
      <option value="kentucky">Kentucky</option>
      <option value="lenders">Lenders</option>
      <option value="long-island">Long Island</option>
      <option value="los-angeles">Los Angeles</option>
      <option value="louisiana">Louisiana</option>
      <option value="maine">Maine</option>
      <option value="maryland">Maryland</option>
      <option value="massachusetts-boston-new-england">Massachusetts</option>
      <option value="metro-boston">Metro Boston</option>
      <option value="michigan">Michigan</option>
      <option value="midtown-new-york">Midtown New York</option>
      <option value="midwest">Midwest</option>
      <option value="minnesota">Minnesota</option>
      <option value="mississippi">Mississippi</option>
      <option value="missouri">Missouri</option>
      <option value="montana">Montana</option>
      <option value="national">National</option>
      <option value="nebraska">Nebraska</option>
      <option value="nevada">Nevada</option>
      <option value="new-england">New England</option>
      <option value="new-hampshire">New Hampshire</option>
      <option value="new-jersey">New Jersey</option>
      <option value="new-mexico">New Mexico</option>
      <option value="new-york">New York</option>
      <option value="new-york-tri-state">New York &amp; Tri-State</option>
      <option value="north-carolina">North Carolina</option>
      <option value="north-dakota">North Dakota</option>
      <option value="north-florida">North Florida</option>
      <option value="northside">North Side</option>
      <option value="ohio">Ohio</option>
      <option value="oklahoma">Oklahoma</option>
      <option value="orange-county">Orange County</option>
      <option value="oregon">Oregon</option>
      <option value="outer">Outer</option>
      <option value="pacific-northwest">Pacific Northwest</option>
      <option value="pennsylvania">Pennsylvania</option>
      <option value="phoenix">Phoenix</option>
      <option value="phoenix-southwest">Phoenix &amp; Southwest</option>
      <option value="portland">Portland</option>
      <option value="rhode-island">Rhode Island</option>
      <option value="san-antonio">San Antonio</option>
      <option value="san-diego">San Diego</option>
      <option value="seattle">Seattle</option>
      <option value="seattle-northwest">Seattle &amp; Northwest</option>
      <option value="south-carolina">South Carolina</option>
      <option value="south-dakota">South Dakota</option>
      <option value="south-florida">South Florida</option>
      <option value="southside">South Side</option>
      <option value="southeast">Southeast</option>
      <option value="southwest">Southwest</option>
      <option value="texas-texas">State of Texas</option>
      <option value="tennessee">Tennessee</option>
      <option value="texas">Texas</option>
      <option value="tri-state">Tri-State</option>
      <option value="uptown-bronx">Uptown/Bronx</option>
      <option value="utah">Utah</option>
      <option value="vermont">Vermont</option>
      <option value="virginia">Virginia</option>
      <option value="washington">Washington</option>
      <option value="washington-dc">Washington DC</option>
      <option value="west-side">West Side</option>
      <option value="west-virginia">West Virginia</option>
      <option value="wisconsin">Wisconsin</option>
      <option value="wyoming">Wyoming</option>
    </select></span><span><label>Select Property Sector</label><select name="property-sector">
      <option></option>
      <option value="apartments">Apartments</option>
      <option value="cre-insider">CRE Insider</option>
      <option value="distressed-assets">Distressed Assets</option>
      <option value="finance">Finance</option>
      <option value="healthcare">Healthcare</option>
      <option value="hospitality">Hospitality</option>
      <option value="industrial">Industrial</option>
      <option value="net-lease">Net Lease</option>
      <option value="office">Office</option>
      <option value="opportunity-zones">Opportunity Zones</option>
      <option value="retail">Retail</option>
      <option value="senior-housing">Senior Housing</option>
      <option value="student-housing">Student Housing</option>
      <option value="weekender">Weekender</option>
    </select></span><span><label>Select Property Topic</label><select name="story_topics">
      <option></option>
      <option value="Lease">Lease</option>
      <option value="Sale/Acquisition">Sale/Acquisition</option>
      <option value="Development">Development</option>
      <option value="Financing">Financing</option>
      <option value="People">People</option>
      <option value="Economy">Economy</option>
      <option value="Policy/Gov't">Policy/Gov't</option>
      <option value="Recruitment">Recruitment</option>
    </select></span>
  <button type="submit" class="search-submit">Search</button>
</form>

POST https://forms.hsforms.com/submissions/v3/public/submit/formsnext/multipart/6064756/0e132bf4-9eec-48aa-8c0c-68e45fce25d3

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    <div class="hs_subscription_regional_news hs-subscription_regional_news hs-fieldtype-checkbox field hs-form-field"><label id="label-subscription_regional_news-0e132bf4-9eec-48aa-8c0c-68e45fce25d3" class=""
        placeholder="Enter your Regional Daily News" for="subscription_regional_news-0e132bf4-9eec-48aa-8c0c-68e45fce25d3"><span>Regional Daily News</span></label>
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CREFC, NCREIF PARTNER ON TRACKER FOR OPEN-END DEBT FUND PERFORMANCE

National  + Finance  |  August 7, 2023


OFFICE LEADS AS CMBS DELINQUENCIES INCREASE IN JULY

National  + Distressed Assets  |  August 4, 2023


UPCOMING WEBINAR TACKLES THE CHALLENGES OF COMMERCIAL PROPERTY INSURANCE

National  + Finance  |  August 8, 2023
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EXPANDED COVERAGE:
THE STATE OF NON-BANK CRE LENDING

CAN YOU FILL THAT BANK-SHAPED VOID IN CRE?
REGIONAL BANKING CRISIS BLOCKS TRADITIONAL FINANCING CHANNELS BUT PAVES THE WAY
FOR NON-BANK LENDERS

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LATEST ATLANTA & SOUTHEAST STORIES


REVITATE OPENS PHASE I OF CHARLESTON OPPORTUNITY ZONE DEVELOPMENT  

Atlanta & Southeast  + Southeast  + Opportunity Zones | August 8, 2023

Revitate recently celebrated the opening of the Morrison Yard opportunity zone
development with business and community leaders. Located at 838 Morrison Drive
in a federally designated Qualified Opportunity Zone (QOZ), the property
features 380 upgraded multifamily rental units and approximately 27,250 square
feet of ground-floor retail space. The development also brings economic
stimulation and social …


AVISON YOUNG LEASING RENOVATED CLASS A CUMBERLAND OFFICE

Atlanta & Southeast  + Atlanta Metro  + Office | August 8, 2023

Group B Capital Management has retained Avison Young to lease the five-story,
105,464-square-foot office building at 2700 Cumberland Parkway in the
Cumberland/Galleria submarket. The recently renovated building features a
variety of space options, including a new generation of spec suites and full
floor. The owners are represented by Principal Chris Godfrey and Vice President
Monica …

LATEST BOSTON & NEW ENGLAND STORIES


HARBOR GROUP INTERNATIONAL SELLS BOSTON MULTIFAMILY PORTFOLIO 

Boston & New England  + Boston  + Apartments | August 8, 2023

Harbor Group International (HGI) has announced the sale of the Boston Portfolio,
a multifamily portfolio consisting of six properties with a total of 1,722 units
in suburban submarkets of Boston. The sale price was not disclosed.  HGI
acquired the portfolio in 2019 for $384 million and implemented a $13.6 million
capital improvement program to enhance …


ATHLETA OPENS NEW STOREFRONT AT MOHEGAN SUN 

Boston & New England  + New England  + Retail | August 8, 2023

Women’s activewear brand Athleta has opened a 4,200-square-foot retail store at
Mohegan Sun in Uncasville, Connecticut.  The new outlet is located at 1 Mohegan
Sun Blvd, which is part of the Shops at Mohegan Sun, a 130,000-square-foot
shopping area. The property features two casinos, shopping and dining options,
spas, meeting facilities, a sportsbook, and entertainment …


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LATEST CALIFORNIA STORIES


ORANGE COUNTY RETAIL PORTFOLIO TRADES FOR NORTH OF $25M

California  + Orange County  + Retail | August 8, 2023

Cushman & Wakefield advised DMI Real Estate in the sale of a pair of newly
renovated, stabilized retail shopping center assets in Orange County. The recent
dispositions included the sales of the La Palma Collection, a local multi-tenant
center totaling 23,882 square feet in the city of La Palma that just closed in
August; and …


NEWCASTLE PARTNERS DIVESTS NEWLY BUILT FONTANA WAREHOUSE

California  + Inland Empire  + Industrial | August 8, 2023

Newcastle Partners, a full service commercial real estate development and
investment company focused on the greater Los Angeles and San Francisco Bay Area
marketplaces, closed the sale of a 96,519-square-foot industrial building
located on 4.7 acres of land at 16355-16381 Slover Ave. in Fontana. The
industrial logistics center was sold for $37 million by Newcastle to LBA Realty.
…

LATEST CHICAGO & MIDWEST STORIES


GERMAN-INSPIRED PASSIVE HOUSE DESIGN GAINS POPULARITY IN CHICAGO

Chicago & Midwest  + Downtown  + Apartments | August 8, 2023

A German-inspired energy efficiency standard known as Passive House, is gaining
favor in the multifamily industry in Chicago, reports the Chicago Tribune.
Passive House design focuses on features such as triple-paned windows and
wraparound insulation, as well as ventilation systems. The result is a reduced
carbon footprint, improved air quality, and lower costs for tenants. …


URBAN INNOVATIONS NEGOTIATES SEVEN LEASES IN RIVER NORTH

Chicago & Midwest  + Downtown  + Office | August 8, 2023

Urban Innovations recently signed seven new and renewing leases in Chicago’s
River North neighborhood. Aaron Zaretsky and Candice Marek of Urban Innovations
represented ownership on these transactions, including:



LATEST FLORIDA & GULF COAST STORIES


MARCUS & MILLICHAP ANNOUNCES THE SALE AND FINANCING OF FT. LAUDERDALE
MULTIFAMILY

Florida & Gulf Coast  + South Florida  + Finance | August 8, 2023

Marcus & Millichap has announced the $2.7 million acquisition financing and sale
of a 33-unit apartment property located in Ft. Lauderdale, FL. The
25,853-square-foot asset sold for $6.2 million, or $187,879 per unit.  Daniel
Cunningham, Evan Richardson, River Rhoads, and Dillon Majeski, investment
specialists in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive
listing …


MADISON REALTY CAPITAL ORIGINATES $240M LOAN FOR ORLANDO VILLA-HOTEL RESORT

Florida & Gulf Coast  + Central Florida  + Apartments | August 8, 2023

Madison Realty Capital originated a $240 million mortgage loan to Baseline
Property Group and JSB Capital Group for a 526-unit vacation resort property
located on Orlando high-traffic tourism hub International Drive. Baseline and
JSB also secured an additional $40 million mezzanine loan for the acquisition
from a private foreign family office. Baseline plans to leverage …

LATEST GLOBAL STORIES


POWER SUPPLY CONSTRAINTS INHIBIT GLOBAL DATA CENTER GROWTH

National  + Global  + Industrial | July 17, 2023

A worldwide shortage of available power is inhibiting growth of the global data
center market, CBRE says in a new report. Sourcing enough power is a top
priority of data center operators across North America, Europe, Latin America
and Asia-Pacific.  Despite strong near-term market fundamentals, power supply
constraints could limit or delay development in markets …


CREW LAUNCHES NEW SURVEY FOCUSED ON CRE WOMEN’S GLOBAL MARKET PERSPECTIVES

National  + Global  + Finance | April 13, 2023

Just 23% of women in the industry are optimistic about the direction of the
global economy in the first quarter of 2023, with a slightly larger percentage
expressing pessimism. That’s among the highlights of the first installment in a
new series from CREW Network.   Drawing on responses from more than 1,100
commercial real estate …

LATEST LENDERS STORIES



LATEST NATIONAL STORIES


UPCOMING WEBINAR TACKLES THE CHALLENGES OF COMMERCIAL PROPERTY INSURANCE

National  + Finance | August 8, 2023

Commercial property insurance, often considered a fairly predictable and routine
expense, has become an increasingly complex—and costly—issue for owners and
investors. To provide guidance and education on the subject, Berkadia is hosting
a webinar titled “Navigating Insurance Challenges in CRE Underwriting,”
scheduled for Thursday, August 10. In advance of the webinar, Connect CRE sat
down …


CREFC, NCREIF PARTNER ON TRACKER FOR OPEN-END DEBT FUND PERFORMANCE

National  + Finance | August 7, 2023

The CRE Finance Council (CREFC) said Monday it’s working with the National
Council of Real Estate Investment Fiduciaries (NCREIF) to introduce a measure
tracking the performance of open-end debt funds financing commercial and
multifamily real estate. The NCREIF/CREFC Open-End Debt Fund Aggregate will be
offered in a draft “consultation” format for a year to allow …



LATEST NEW YORK & TRI-STATE STORIES


WELLS FARGO CLOSES $780M IN NYC-AREA AFFORDABLE HOUSING PROJECTS

New York & Tri-State  + New York  + Apartments | August 8, 2023

Wells Fargo’s Community Lending and Investment (CLI) group closed $780.3 million
in financing for five New York City-area affordable housing projects in June,
marking its largest first-half cycle in history.  Notable projects include
Peninsula Phase 2 in the Bronx, with $250.6 million in debt and equity
financing; Wakefield Yards in the Bronx, featuring $179.1 million …


ADVANCED INTERNATIONAL FREIGHT INKS 67K-SF LEASE IN SECAUCUS 

New York & Tri-State  + New Jersey  + Industrial | August 8, 2023

Advanced International Freight has signed a 67,663-square-foot lease at 700
Penhorn Avenue in Secaucus with Sinai Associates. The tenant will occupy the
entire first unit of the Class A industrial property, situated on five acres
with 120 parking spaces, six loading docks, and 35-foot ceilings.   The property
consists of three units with Custom Packaging Supply …

LATEST PHOENIX & SOUTHWEST STORIES


CSU INKS $150M LASER PARTNERSHIP

Phoenix & Southwest  + Southwest  + Texas  + Industrial | August 8, 2023

Fort Collins, home to Colorado State University (CSU), is poised to become home
to one of the most powerful laser facilities in the world. The $150 million
venture between CSU and Marvel Fusion creates a public-private partnership to
support the construction of a next-generation, high-power laser and fusion
research facility on the CSU Foothills Campus. …


151K SF SCOTTSDALE OFFICE SELLS AT A LOSS

Phoenix & Southwest  + Phoenix  + Office | August 8, 2023

Phoenix-based Reliance Management purchased the Gainey Center II, a
151,522-square-foot office building for $26.5 million, according to real estate
database Vizzda. The Phoenix Business Journal reports that even though the price
tag reflects one of the more significant office deals of the year to date, it
was a loss for the seller. Lincoln Property Co. …

LATEST SEATTLE & NORTHWEST STORIES


SKY ZONE TO OPEN NEW LOCATION IN SEATTLE METRO

Seattle & Northwest  + Seattle  + Retail | August 8, 2023

Sky Zone will be opening a new location in the Seattle suburb of Mountlake
Terrace in Q4 of 2024. Located at 24000 Van Ry Blvd., the park will be located
in the Terrace Station mixed-use development. The Snohomish County location will
be Sky Zone’s ninth in the Pacific Northwest. “Our target audience is young
families, and we have been looking for …


ICONIC SEATTLE TOWER AND LANDMARK UP FOR SALE

Seattle & Northwest  + Seattle  + Office | August 8, 2023

The oldest skyscraper in Seattle, the iconic Smith Tower, is for sale reported
The Seattle Times. According to a flyer, the soaring building is listed as an
investment opportunity at an undisclosed price. Smith Tower has changed hands
many times over the years and was last sold in 2019 for nearly $138 million.
Unico and Goldman Sachs …

LATEST TEXAS STORIES


TRANSWESTERN TO LEASE 200K SF HOUSTON MASS-TIMBER OFFICE

Texas  + Houston-Galveston  + Office | August 8, 2023

Transwestern Real Estate Services (TRS) has been chosen to handle leasing
services for Framework @ Block 10, a 200,000-square-foot mass-timber building.
The office project is in the Katy Freeway East submarket. Transwestern’s
Executive Managing Director Eric Anderson and Senior Vice President Katy Gragg
will provide leasing services for the six-story asset. Pending the execution of
the …


CEDAR PARK OKAYS ENDEAVOR’S PLAN FOR 500-ACRE MIXED-USE PROJECT

Texas  + Austin  + Apartments | August 8, 2023

Endeavor Real Estate Group has received the okay from the Cedar Park City
Council to move forward on a 500-acre mixed-use development. Community Impact
reports Endeavor Real Estate Group hopes to get going on the High Ridge
Development. It would include: High Ridge would replace Indigo Ridge, a 155-acre
mixed-use development that was previously proposed for …



LATEST WASHINGTON DC STORIES


AFFINIUS CAPITAL PROVIDES $85M FOR SUFFOLK INDUSTRIAL WAREHOUSE 

Washington DC  + DC Metro  + Industrial | August 8, 2023

Affinius Capital LLC, formerly Square Mile Capital Management and USAA Real
Estate, has provided an $85 million loan to Invesco Real Estate for the
acquisition of an 814,000-square-foot industrial warehouse in Suffolk, Virginia.
  Located at 150 Judkins Court, the warehouse includes 36-foot clear heights, 82
dock-high loading doors, and 704 parking spaces for autos …


LOCUST STREET GROUP SIGNS 21.5K-SF LEASE AT THE HERALD IN DC 

Washington DC  + DC  + Office | August 7, 2023

Strategic communications and public affairs firm Locust Street Group (LSG) has
signed a 12-year lease for approximately 21,500 square feet at The Herald in
Washington, DC.   The Herald, owned by Marx Realty, is a 114,000-square-foot
building that used to be the home to the offices and printing presses of the
Washington Times-Herald. LSG will occupy …


LATEST STORIES FROM


KIMMERIDGE PULLS IN $1B FOR OIL AND GAS FUND

Alternative Assets | August 8, 2023

Energy-focused alternative assets manager Kimmeridge has raised more than $1
billion for its sixth flagship fund, Kimmeridge Fund VI LP, to acquire and
develop oil and gas assets. The vehicle is one of the few North American oil and
gas funds closed on more than $1 billion over the past five years and comes in
...


WISERADVISOR ACQUIRES ADVISOR RATINGS PLATFORM INDYFIN

Direct Investment | August 8, 2023

WiserAdvisor, a Fairfax, VA-based investor referral generation platform for
financial advisors and advisory firms, acquired Indyfin, a Dallas, TX-based
investor experience platform that provides reviews and client testimonials. The
amount of the deal was not disclosed. Founded in 2018, Indyfin launched the
platform last March, which allows consumers to discover, research and connect
with financial ...


HEALTHCARE-FOCUSED REVELSTOKE CATAPULTS TO $1.7B FOR THIRD VEHICLE

Alternative Assets | August 8, 2023

Private equity firm Revelstoke Capital Partners raised $1.7 billion for its
third fund, Revelstoke Capital Partners Fund III, and various affiliated
investment vehicles to focus on the healthcare industry. The fund easily
exceeded its $1 billion target. The firm hauled about $300 million for its
2015-vintage debut vehicle and $714 million for its sophomore fund ...


PAYPAL LAUNCHES USD-PEGGED STABLECOIN FOR PAYMENTS

Alternative Assets | August 8, 2023

Global payments giant PayPal has introduced a US dollar-pegged stablecoin,
becoming the first major US financial institution to do so, despite amountain of
regulatory headwinds facing the crypto industry. The coin is redeemable 1:1 for
US dollars and issued by Paxos Trust Co., the blockchain infrastructure company
that also built a stablecoin for the world’s ...

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