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 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 (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...
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, 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, 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...