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Mexican Real Estate Company Vesta Launches US IPO

Mexican Real Estate Company Vesta Launches US IPO

by Phil Hall | Jun 26, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The industrial-focused Mexican real estate company Corporación Inmobiliaria Vesta, S.A.B. de C.V., more commonly known as Vesta, has launched its initial public offering (IPO) of 12.5 million American Depositary Shares (ADSs), representing 125 million of its common...
Hits and Misses for the Real Estate Week of June 19-23

Hits and Misses for the Real Estate Week of June 19-23

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new flurry of homebuilding, a gloomy summer for homeowners in the U.K. and a bizarre diplomatic feud involving a squatter. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: If I Had a Hammer! This week saw a...
Silverstein Properties Applies for License to Create NYC Casino

Silverstein Properties Applies for License to Create NYC Casino

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Silverstein Properties, a national real estate investment, development and management firm, has announced it will be submitting an application for one of three available licenses for the creation and operation of downstate New York-based casinos. Elite Sports NY...
Santander Pledges $13.6 Billion for Community Reinvestment and Sustainable Finance

Santander Pledges $13.6 Billion for Community Reinvestment and Sustainable Finance

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Santander Holdings USA Inc. announced its latest Community Plan, a three-year commitment of $4.6 billion in community reinvestment and $9 billion in sustainable finance. According to the company, its commitment will be divided along these lines: $1.5 billion in small...
John Robertson Joins Christina as Managing Director of Investor Relations

John Robertson Joins Christina as Managing Director of Investor Relations

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Christina, a Malibu, California-based real estate developer, manager and sponsor, has hired John Robertson as managing director of investor relations. Robertson will be responsible for supporting and expanding Christina’s investor membership. The company stated this...
JLL’s Capital Markets Arranges $750 Million Construction Loan for Mixed-Use Development Next to Harvard

JLL’s Capital Markets Arranges $750 Million Construction Loan for Mixed-Use Development Next to Harvard

by Phil Hall | Jun 22, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JLL’s (NYSE:JLL) Capital Markets arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-square-foot, mixed-use development adjacent to Harvard University in Allston, Massachusetts. According to the company, the...
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