St. Louis
NAI Hiffman Arranges SLB for Algonquin-Based Manufacturer
NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations Inc., a global manufacturer and distributor of consumable dental… Read more
Fed Officials Disagree on Need for Rate Cuts
It wasn’t quite a joining of hands and singing “Kumbaya” at last month’s meeting of the Federal Open Market Committee.… Read more
Risk Consulting Services Bolsters CRE Practice with Hire in St. Louis
Risk Consulting Partners (RCP), an insurance brokerage firm and consultant to the middle market, recently added real estate and financial… Read more
Out-of-State LLC Picks Up St. Louis Retail
Marcus & Millichap arranged the sale of Tenholder Plaza, a 44,339-square foot retail property located in St. Louis. Financial terms… Read more
Evansville Apartments Land Fannie Mae Refi via Hunt
Hunt Real Estate Capital provided a Fannie Mae loan of $15.75 million to refinance Sugar Mill Creek Townhomes, a garden/townhouse-style apartment community in… Read more
Bunge Will Shift Corporate HQ from NY to St. Louis Metro
Agribusiness company Bunge Limited recently announced a corporate headquarters move from White Plains, NY to Chesterfield, MO in the St.… Read more
Raymond Sedey Promoted to McCarthy Holdings’ CEO
McCarthy Holdings veteran Raymond Sedey has been promoted to the position of Chief Executive Officer of the company. Sedey will… Read more
Apartment Turnover Rate Continues to Fall; Lowest in Two Decades
New research by Los Angeles-based CBRE shows multifamily turnover, the percentage of total rented units not renewed each year, fell… Read more
Saxony Capital Snares 310-Unit Pine Knoll Apartments
Saxony Capital Management acquired Pine Knoll Apartments, a 310-unit, 26-building multifamily property in Longview, TX. The St. Louis, MO buyer… Read more
Opus Launches Spec Build at St. Louis Redevelopment
The Opus Group has launched construction on a speculative Class A industrial development at Soulard Business Park in St. Louis.… Read more
Hanley’s Lefko and Asher Close on Triple-Net Aldi
Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new-construction, single-tenant Aldi at Litchfield Plaza shopping center in Litchfield, IL.… Read more
St. Louis Industrial Trades to Out-of-State Buyer
Stan Johnson Company (SJC) has arranged the $14-million sale of Cassens Business Center, a multi-tenant industrial property in the St.… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
Ventas Adds Schools in PA, MO to University-Based Business
Ventas is adding four new developments totaling approximately $800 million to its university-based Research & Innovation (R&I) business, all in… Read more
Affordable Housing Veteran Joins Habitat Team
Kimberly Sisney has joined the Habitat Company team as VP, Habitat Affordable Group. Sisney brings more than 25 years’ experience in property… Read more
Investcorp Makes $370M Portfolio Buy from Equus Capital
Bahrain-based Investcorp, with U.S. headquarters in New York City, acquired a portfolio of 11 apartment properties from Equus Capital Partners… Read more
Integris Makes Further Inroads into Michigan
Integris Ventures has purchased the Earhart Corporate Center, a 198,624-square-foot, Class A corporate headquarters office building in Ann Arbor, MI,… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more