Press Coverage

6/5/2012AC Self Storage Solutions, LLC Assumes Management of Silverado Self Storage in Las Vegas, NV
6/4/2012Former G&E SVP Joyce Named Principal at CLW
5/3/2012More Storage Facilities Joining the Fight for the Kure
3/28/2012CLW Real Estate Services Group Welcomes Tim Joyce
1/10/2012Another Self Storage Company Getting in on a Good Green Thing
7/19/2011AC Self Storage Solutions, LLC Acquires Storage Solutions of Corinth in Dallas Suburb
4/14/2011AC Self Storage Solutions Acquires Nashville-Area Facility
4/13/2011Calif. Self Storage Company Pays Cash for New Acquisition
3/22/2011Axxcess, Winthrop Fund TICs, Trusts, REITs
3/22/2011Axxcess Capital and Winthrop Realty Trust to Provide Liquidity for Sponsors, Managers and Investors in Fractional Ownership Structures
2/14/2011Axxcess Capital Names New COO
1/14/2011Thinking Inside the Box
1/9/2011Axxcess Capital and Troy Downing form Joint Venture to Acquire $1 Billion in Self-Storage Properties Nationwide
1/6/2011Axxcess JV Plans $1B in Self-Storage Acquisitions
10/4/2010Axxcess Realty Advisors will Manage Two Overland Park Office Campuses
8/19/2010Double X's Mark the Spot
8/6/2010Axxcess Capital Forms, Names Spiro CEO

Other Commercial Real Estate News

12/5/2016 Pop-Ups, the New Darling of Retail
Manhattan’s softening retail market is making allies of the pop-up and the landlord. Read More »
12/4/2016 Mega-Development Gets Under Way on Long Island
As Long Island’s Glen Cove prepares to break ground Tuesday on one of the region’s biggest real-estate projects, it faces opposition even as some residents have warmed to such large-scale developments. Read More »
12/1/2016 Hospitals Spend Billions as They Expand and Update
Construction spending in New York City’s health-care sector is surging as hospitals update aging facilities and add preventive health services, a new report finds. Read More »
12/1/2016 Investment Group Pays $76.5 Million for Downtown Brooklyn Development Site
An investment group has paid $76.5 million for a downtown Brooklyn property, a sign that demand for development sites in the borough remains strong despite indications of softening in some of the city’s real-estate markets. Read More »
11/30/2016 Miami Neighborhood Gets a High-Tech Makeover
A pair of private developers are looking to build a technology and cultural hub in a faded manufacturing neighborhood in Miami. Read More »
11/29/2016 Real Estate Tech Companies VTS and Hightower to Merge in $300 Million Deal
Two technology startups that help commercial-real-estate owners and brokers manage their businesses are merging in a $300 million deal. Read More »
11/22/2016 Rising Rates Threaten Global Property Investments
Commercial property has been a big winner from years of ultralow interest rates around the world. Now markets are signaling that change might be in the air. Read More »
11/22/2016 Dear Tenant: Your Uber Is Here
As urban real estate becomes ever-more expensive, some property developers are shrinking or killing their parking spaces and offering Uber subsidies and other incentives instead. Read More »
11/22/2016 Pieces in Place for Brooklyn Waterfront Park
New York City struck a deal to buy the final piece of land for a long-promised park along the Brooklyn waterfront. It agreed to pay $160 million for a storage complex that was badly damaged in a fire last year. Read More »
11/22/2016 Family-Owned Manhattan Office Building Sold for $109 Million
Taconic Investment Partners and TH Real Estate partner on a deal to buy 817 Broadway in Midtown South. Read More »
11/22/2016 CBRE Buys Stake in $1.5 Billion Retail Portfolio
CBRE Global Investment Partners said it has invested about $450 million for a 45% stake in a portfolio of West Coast retail property, in a bid to tap into rising consumer spending in a region driven by technology-sector growth. Read More »
11/22/2016 GE Sells Connecticut Headquarters for $31.5 Million
General Electric sold its former global headquarters in Fairfield, Conn., to Sacred Heart University for $31.5 million. Read More »
11/21/2016 Stalled Sutton Place Project to Hit Auction Block
A bankruptcy judge Monday sent the site of a proposed 950-foot luxury residential tower on Manhattan’s East Side to the auction block, approving a sale process that seeks to place the project into new hands. Read More »
11/20/2016 Hilton Developer Secures Loan
The developer of the Hilton Brooklyn is recapitalizing the soon-to-open hotel at a time that increasing headwinds are buffeting New York City’s hotel businesses. Read More »
11/20/2016 Developers Eye Office-to-Warehouse Conversions
Property developers wouldn’t typically consider replacing an office building with a warehouse, but in parts of New York and New Jersey, a red-hot warehouse market driven by the rise of e-commerce has upended that. Read More »
11/16/2016 County Supervisors Approve Development Plan for Squaw Valley
Die-hard skiers prize Lake Tahoe’s famed Squaw Valley resort for its extreme terrain, but under a controversial development plan approved this week it may also become known for shopping, dining and even a water park. Read More »
11/16/2016 Trouble Brewing in Commercial Real Estate
Defaults are rising in a key corner of the commercial real-estate debt market just as borrowing costs are set to jump, raising the likelihood of a slowdown of the $11 trillion U.S. commercial property sector in 2017. Read More »
11/15/2016 Modular Building Believed to Be World's Tallest Makes Debut in Brooklyn
What is believed to be the world’s tallest modular building made its debut Tuesday in Brooklyn, a 32-story rental tower constructed with prefabricated units stacked like Legos. Read More »
11/15/2016 Three Trump Buildings in NYC to Be Renamed in Nod to Residents
A national apartment building company said it would take President-elect Donald Trump’s name off three New York City high-rises after tenants complained they were embarrassed living in buildings associated with someone who is so unpopular on Manhattan’s West Side. Read More »
11/10/2016 A Young Mexican REIT Market Evolves
Signs are emerging that the Mexican REIT industry is gaining traction, as it tries to become a major channel of public capital into the country’s commercial property sector. Read More »
11/6/2016 Long Island City Aims to Manage Momentum
Keeping Long Island City’s diversity of real estate—and somehow keeping it affordable—is a top concern for those who have helped to grow the neighborhood. Read More »
11/6/2016 What's the Deal: Ice-Cream Sandwich Shop Takes Small Place in Brooklyn
A roundup of real-estate news from across the Greater New York region. Read More »
11/1/2016 How U.S. Election May Impact Factories in Mexico
The U.S. presidential election is still days away but the impact of the campaign and its outsized focus on Mexico already are being felt in the market for warehouses and factories in some border towns. Read More »
11/1/2016 Prologis to Build First Multistory Warehouse in the U.S.
Developers are having a harder time finding space for new warehouses in increasingly crowded and expensive U.S. cities. Their answer: build upward. Read More »
11/1/2016 Office Glut Set to Swell in Mexico City
Mexico City is facing a glut of office space that is likely going to get worse following a surge of new development in recent years. Read More »
11/1/2016 Vornado Realty to Spin Off Washington D.C. Business
Vornado Realty Trust is cleaving off its giant portfolio of Washington, D.C., office buildings and apartments, spinning them into a new company that would be merged with JBG Cos., a closely held Washington landlord, the companies announced Monday. Read More »
10/30/2016 Columbia's New Center Says 'C'mon In'
Columbia’s Jerome L. Greene Science Center is a modern space with glass walls, wide sidewalks and public squares—a departure from the university’s graceful 19th-century Beaux Arts main campus. Read More »
10/27/2016 Blackstone Cashes In on China's Overseas Shopping Binge
Blackstone has emerged as a big beneficiary of China’s global shopping spree by unloading billions of dollars worth of holdings to Chinese buyers. Read More »
10/26/2016 Moving to Frankfurt After Brexit Could Be a Squeeze for Banks
Frankfurt is an obvious post-Brexit destination for London banks seeking to move some operations to keep them inside the EU. But tough building codes and a shortage of space may make it harder than imagined. Read More »
10/24/2016 Historic Trinity Church Wall Street Unveils Plans for New Tower Space
Trinity Church Wall Street has revealed its design for a building to house its new parish center and commercial office space behind the 19th-century Episcopal church. Read More »
10/23/2016 European Property Investors Look Beyond London
As some of the biggest cities cool, there are opportunities in smaller economies. Read More »
10/20/2016 A New Real-Estate War in Silicon Valley
Soaring apartment costs in Silicon Valley are fueling popular support for an idea bitterly opposed by many landlords in America’s technology capital: rent controls. Read More »
10/19/2016 Major League Baseball Expected to Move Headquarters to Midtown
Major League Baseball is expected to sign a large lease as early as Thursday to consolidate its Manhattan operations at the former Time & Life Building, according to people familiar with the deal. Read More »
10/18/2016 Starwood Capital Sells Stake in $2 Billion Hotel Portfolio to China Life
Private investment firm Starwood Capital Group said Tuesday it sold a stake in a roughly $2 billion portfolio of U.S. hotels to a group led by China’s largest insurance company, China Life Insurance Co. Ltd. Read More »
10/18/2016 Developer Sees Trouble for Property in Perth
Australian property developer Nigel Satterley has forecast a bust in the apartment market in Perth or Brisbane within the next six months. Read More »
10/18/2016 First-Time Buyers Expected to Return to Housing Market
Young buyers could return to the housing market in droves this spring, according to an analysis of web searches performed by Realtor.com. Read More »
10/18/2016 Texas Builder Aggressively Markets Starter Homes
Texas builder LGI Homes is using an aggressive marketing operation to carve out success in low-price entry-level homes in far-flung suburbs and exurbs. Read More »
10/18/2016 Kuwait Firm Expands With GE Office Deal in Ohio
A Kuwait-based financial-services firm is paying $107 million for a new Cincinnati office building occupied by GE in its biggest real-estate investment in the U.S. Read More »
10/16/2016 Developer Sees East Midtown Office Tower as a New Landmark
The mammoth East Midtown office tower to be known as One Vanderbilt will rise 1,401 feet and taper into a slender pinnacle intended as an emphatic addition to the Manhattan skyline. Read More »
10/11/2016 Health-Care REITs Back Off Nursing
Some big real-estate investment trusts that focus on health care are starting to pare their skilled-nursing holdings. Read More »
10/9/2016 Brooklyn Children's Museum Is Set to Open Annex in Brooklyn Bridge Park
The new outpost of the Brooklyn Children’s Museum is set to open in a roughly 1,850-square foot space on the ground floor of a luxury condominium building in Brooklyn Bridge Park. Read More »
10/9/2016 Midtown South's Office Market Ascends to New Heights
Average asking rents for so-called Class A office buildings in the hip neighborhoods of Midtown South surpassed asking rents for comparable properties in Midtown Manhattan for two consecutive quarters, according to real-estate-services firm JLL. Read More »
10/5/2016 Iran Prepares for an Uptick in Tourism
A handful of mostly European hotel groups are looking to steal a march on their U.S. competitors by moving into the Iranian hospitality market while U.S. companies still face regulatory uncertainty. Read More »
10/4/2016 Developers Make Bets on Iran
Real-estate developers have found their next big project: Iran. The onetime pariah’s year-old deal to curb its nuclear program lifts a host of economic sanctions that have limited the ability to do business in the country. Read More »
10/4/2016 Iran's Growth Hurdle: Lack of Modern Office Spaces
Iran’s nuclear deal has opened the gate for business expansion and foreign investment, but this growth faces an obstacle: a dearth of high-quality, affordable office space. Read More »
10/4/2016 Iran Lays Groundwork for Regional Airport Hub in Tehran
Tehran’s international airport is in the early stages of a gradual reinvention, part of a long-term plan to boost trade and turn Iran into a regional hub after its nuclear deal. Read More »
9/30/2016 R.I.P.: Japanese Bank Tower That Embodied Nation's Industrial Might
A bank tower that once stood at the center of Japan’s postwar industrial power will start to be demolished Saturday, one of several boom-era structures being torn down against the will of architectural preservationists. Read More »
9/29/2016 Russians Score as London Property Falls
A weakened ruble is softening the blow of a falling post-Brexit property market in London for Russian investors. Read More »
9/28/2016 A 'Cathedral to Manufacturing' Is Reborn
Entrepreneurs working in robotics, artificial intelligence technology and connected devices work in early 20th century space that once hosted a leading technology of its day—shipbuilding. Read More »
9/28/2016 Startup Offers Payment Insurance for Apartment Hunters
As the apartment market soars across the U.S., one financial-services startup sees opportunity in helping tenants get into units they can’t qualify for on their own. Read More »
9/22/2016 Blackstone Bets Big on Logistics
Blackstone Group has cut a deal to pay $1.5 billion for a portfolio of logistics centers, in the latest sign that this e-commerce-driven business is one of the hottest areas in the commercial property industry. Read More »
9/22/2016 Pierhouse Condos Take a Bow in Brooklyn Bridge Park
The two condominium buildings and an adjacent hotel are massive horizontal structures at the edge of the park and offer up-close city views. Read More »
9/20/2016 Freddie Mac Starts Pilot Program With Looser Standards
Mortgage-finance giant Freddie Mac and two nonbank lenders are loosening income and documentation requirements for mortgage applicants in a new pilot program. Read More »
9/20/2016 Expiration of Visa Program Nears
Facing an impending expiration, the controversial EB-5 program designed to attract wealthy immigrants has federal lawmakers at an impasse, leaving its long-term future uncertain. Read More »
9/18/2016 In Queens, Residential Development Is Driving Commercial
Demand for high-quality offices and retail spaces in Long Island City is being fueled in part by the 11,000 condominiums and rental apartments that have been built there over the past decade. Read More »
9/14/2016 Tech Overload: Palo Alto Battles Silicon Valley's Spread
Palo Alto’s moratorium on new office construction in its downtown is only the latest dust-up in Silicon Valley, where resistance and challenges to development are sprouting rapidly. Read More »
9/13/2016 More Developers Kick Parking Lots to the Curb
Developers in more U.S. cities are reducing the amount of parking spaces included in new projects as local authorities seek to encourage the use of mass transit and free up space for parks, housing or other uses. Read More »
9/12/2016 Stretch of Chicago River to Get $1.5 Billion Makeover
High-rises, townhomes and a public river walk are planned for an undeveloped area south of Chicago’s downtown Loop in a project breaking ground Monday, adding to a frenzy of construction along the waterway. Read More »
9/11/2016 Developer's Family Brings Office Park Back Into the Fold
An office complex in Hackensack, N.J., hit hard by the financial crisis, has been acquired by the family who developed the three buildings about a half-century ago. Read More »
9/11/2016 At a Rebuilt World Trade Center, a Friendship Fades
Frank Lowy and Larry Silverstein’s interests were aligned when they bought the lower Manhattan complex, but they diverged during its rebuilding. Read More »
9/6/2016 Wells Fargo's Discount U.K. Deal Is the New Normal
Wells Fargo’s decision to negotiate a “retrade” on a U.K. commercial property deal follows what several other big property purchasers have done since the historic Brexit vote. Read More »
9/5/2016 Reaching High Into the Western Sky
A new skyscraper in downtown Los Angeles has become the tallest building in the U.S. west of the Mississippi River. Read More »
9/1/2016 Investors Pay $150 Million for Office Property in Miami
An investment group has paid $150 million for a Miami office property in the latest sign that investor appetite continues to grow for commercial real estate in midsize cities. Read More »
8/31/2016 Broadway Veteran Tapped to Produce Mall Entertainment
Shopping-center giant Westfield Corp. has hired Tony-winning producer Scott Sanders to create ‘unique and spectacular’ entertainment events. His resume includes 15 years at Radio City Music Hall. Read More »
8/30/2016 Chinese Developers Pour Cash Into U.S. Real Estate
Investment from China continues unabated as investors plow money into some of the highest-profile commercial developments. Read More »
8/30/2016 Airbnb Income: How It Can Mess With Your Mortgage 'Refi'
Big banks, including Bank of America Corp. and Wells Fargo & Co., are subjecting some refinance customers who rent rooms to additional scrutiny. Read More »
8/30/2016 Real-Estate Shares to Get Own Sector
On stock markets around the world, real-estate companies have been lumped into a category with banks and insurance firms since 1999. But property will break free from the financial sector on Thursday into its own dedicated group. Read More »
8/28/2016 Developers Bet Big on Brooklyn Office Demand
An investment group has obtained the necessary financing to break ground on a $400 million office and industrial development in Williamsburg, marking the latest big bet on Brooklyn’s growing popularity as a workplace. Read More »
8/22/2016 Bustling Crown Heights Shakes Off Strife of Past
Twenty-five years after racial violence propelled Crown Heights into the national spotlight, the Brooklyn neighborhood has become a hot real-estate market. Read More »
8/18/2016 New Zealand Hangs 'Welcome' Sign for Foreign Home Buyers
While other countries grappling to contain frothy housing markets have moved to cool foreign investment, New Zealand boasts one of the world’s most open-door policies. Read More »
8/16/2016 Financing Plan Reawakes American Dream Mall Project
Canadian developer Triple Five is hoping to restart construction next month on the long-delayed retail and amusement project in East Rutherford, N.J., called American Dream. Read More »
8/14/2016 MAA Near Deal to Buy Post Properties for About $4 Billion
Real-estate investment trust MAA is nearing a deal to buy Post Properties for about $4 billion, bringing together two major apartment owners who have benefited from a boom in rental demand. Read More »
8/14/2016 Tech Firm DoubleVerify to Expand With New Lease
A roundup of real-estate news in the Greater New York region. Read More »
8/12/2016 Rosendale, N.Y., Lures City Dwellers
New Yorkers who had second homes in charming Ulster County town are now settling there full time. Read More »
8/11/2016 Activist Pressures Ratner Family to Relax Control of Forest City
Investors are pressuring the Ratner family to loosen their grip on their nearly 100-year-old property empire, which owns high-profile urban properties such as the New York Times headquarters. Read More »
8/10/2016 Senior-Care Business Booms for Franchisers
Providing home-health aides and other services to older Americans is a fast-growing business, as brands and franchise owners seek to capitalize on an aging U.S. population and low costs of entry. Read More »
8/10/2016 For Some, Brooklyn's Skyline Is Just Soooo Boring
New towers have been rising, but with a few exceptions, they don’t do justice to the borough’s reputation as a creative center, design experts say. Read More »
8/10/2016 WeWork Misses Mark on Some Lofty Targets
Six years after it was founded, WeWork has amassed a valuation of $16 billion, placing it among the world’s most valuable startups. But the shared-office-space company’s growth projections might not play out as expected. Read More »
8/9/2016 How One Developer Learned Not to Put the House Before the Horse
When a prime piece of property came up for sale in coastal Orange County, Calif., five years ago, it was a natural draw for residential developers. But there was a catch in an area known as “the equestrian capital of the West Coast.” Read More »
8/3/2016 Investors See Gold in Distressed Properties in Brazil
Some international investors say there is one emerging bright side to Brazil’s woes: Distress levels for some property owners are reaching the point that they are selling at steep discounts. Read More »
8/3/2016 Rio Projects Fail to Reach the Finish Line
Brazil’s economy was galloping when the country won the right to host the 2016 summer Olympics. Seven years later, a novel strategy to use private real-estate development opportunities to help finance the games is unraveling. Read More »
8/2/2016 Brazil's Hotels, After Olympics, Will Be Swimming in Rooms
Brazil’s hotel-industry slump is expected to continue after the Olympics, at least for the short term, and hurt the returns of the investors who have made big bets on the Brazilian economy and the hoped-for afterglow of the games. Read More »
8/2/2016 Too Many Offices Empty After Olympic Expansion
Some of the Olympic-related infrastructure development in Rio de Janeiro will likely add to the glut of office space in the midst of Brazil’s grueling recession. Read More »
8/1/2016 Coach Sells Headquarters for $707 Million in Lease-Back Deal
Coach Inc. sold its headquarters in New York’s Hudson Yards development for $707 million under a sale and lease-back agreement, the luxury retailer said Monday. Read More »
7/27/2016 Excess Rooms Push Hotel Owners to Cut Rates in China
A glut of hotel rooms in Chinese cities is forcing owners to slash rates in a bid to attract customers. Read More »
7/26/2016 Facebook's Answer to Silicon Valley Housing Crunch: Build Apartments
Concerns about Silicon Valley’s housing shortage are turning Facebook into an apartment developer. Read More »
7/26/2016 EverBank in Talks to Be Acquired for $2.5 Billion
EverBank said it is in advanced negotiations with a financial services firm to be acquired for roughly $2.5 billion, potentially leading to one of the biggest banking takeovers since the financial crisis. Read More »
7/26/2016 LaSalle Earmarks Big Loan for North London Condominiums
LaSalle Investment Management said it will lend £110 million for a residential development in Finsbury Park, north London—one of the largest property-financing deals in the U.K. since the country voted to leave the European Union. Read More »

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