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Extra Space Storage Completes Merger with Life Storage

Extra Space Storage Completes Merger with Life Storage

by Phil Hall | Jul 20, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Salt Lake City-based Extra Space Storage Inc. (NYSE: EXR) announced the completion of its acquisition and merger with Life Storage Inc. The $12.7 billion, all-stock transaction creates the nation’s largest storage operator, with more than 3,500 locations,...
San Francisco Mayor Proposes Turning Empty Offices Into Schoolrooms

San Francisco Mayor Proposes Turning Empty Offices Into Schoolrooms

by Phil Hall | Jul 19, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

San Francisco Mayor London Breed has a solution for the glut of empty offices in her city: turn them into classrooms. The San Francisco Business Times reported the mayor has called on the University of California, the San Francisco Unified School District and City...
Hilco Real Estate Finance Takes Aim at the UK Market

Hilco Real Estate Finance Takes Aim at the UK Market

by Phil Hall | Jul 19, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilco Real Estate Finance (HREF), a Northbrook, Illinois-based real estate bridge lender, is bringing its short-term property finance expertise to the U.K. market. According to the company, HREF will provide their U.K. clients with loans ranging from £1 million to £50...
Brookfield Returns NYC’s Historic Brill Building to Lender

Brookfield Returns NYC’s Historic Brill Building to Lender

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The owner of one of the most iconic commercial properties in the history of popular music has returned the property to a lender. According to a GlobeSt.com report, Brookfield Asset Management (NYSE:BN) has returned the deed for New York City’s Brill Building to Mack...
Brennan Investment Group Taps Andrew Mazey as Nashville Region Vice President

Brennan Investment Group Taps Andrew Mazey as Nashville Region Vice President

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Chicago-headquartered private real estate investment firm focused on U.S. industrial facilities, has hired Andrew Mazey as vice president for the Nashville region. In his new role, Mazey will be tasked with sourcing new investments,...
Peachtree Group Hires Jenelle Zadik as People and Culture Vice President

Peachtree Group Hires Jenelle Zadik as People and Culture Vice President

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Peachtree Group, the Atlanta-headquartered investment firm focused on commercial real estate assets, has hired Jenelle Zadik as people and culture vice president for its lodging subsidiary Peachtree Hospitality Management (PHM). In her new role, Zadik will be...
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