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CommercialFinanceIndustry News

Eric Persson Moves to Reclaim Eight Washington Card Rooms From Bankrupt RunItOneTime as Blue Owl Rent Relief Nears Expiration

Maverick Gaming founder Eric Persson says he will buy eight Washington card rooms out of his former company's Chapter 11 case and keep...

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CommercialFinance

CBRE Investment Management Acquires Cerberus’s Tenet Equity for $1.6B, Doubling Down on Net Lease

CBRE's investment management arm is paying $1.6 billion for a Scottsdale-based net-lease lender that Cerberus built from scratch in four years, adding more...

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CommercialIndustry NewsLeasingRetail

150,000 SQFT Former Fred Meyer in Tacoma Hits Sublease Market While Kroger’s Lease Runs to 2046

A shuttered South End Tacoma Fred Meyer hits the sublease market even as Kroger's rent obligation to landlord Benderson Development runs through 2046.

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CommercialFinanceIndustry NewsRetail

Maverick Gaming to Shutter Two Tukwila Casinos, Cutting 238 Jobs and Emptying Buildings Sold in Previous $205MM Portfolio Sale-Leaseback

Kirkland-based Maverick Gaming will go dark at two adjacent Tukwila cardrooms on Nov. 1, eliminating 238 jobs and handing back a pair of...

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News Releases

Goldman Sachs Announces Agreement to Acquire LCN Capital Partners

Leading independent triple net lease (NNN) platform across North America and Europe with growth opportunities across products, investor segments, and geographies.

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CommercialFinanceIndustry News

Cedar Crest Academy Entity Pays $17MM for 23,000 SQFT Bellewood Campus Building in Bellevue

The trade of a fully occupied, single-tenant elementary school building for nearly $1,000 per square foot of net space underscores investors' continued willingness...

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