Industrial Midwest
Westmount Realty acquires 1.43 MSF Midwest industrial portfolio

Westmount Realty acquires 1.43 MSF Midwest industrial portfolio

Dallas-based Westmount Realty Capital, LLC announced the acquisition of a 1.43-million-square-foot industrial portfolio in Chicago, Cincinnati and Columbus, Ohio. Comprised of 12 buildings built between 1970-1994, the portfolio has clear heights ranging from 20-26 feet, an average office finish of 7 percent and an average historical tenant tenure of 12 years.

Legal Midwest
David Carr;Husch Blackwell

Husch Blackwell elects eight Midwest real estate attorneys to partnership

Husch Blackwell announced that 25 attorneys have been elected to the firm’s partnership, effective January 1, 2019. Of those, eight are based in the Midwest and work in the firm’s real estate, development and construction practice. These attorneys include David Carr, Adam Charlsen, Chris Collins, Karin Jacoby, Denyse Jones, Brent Meyer, Ellen Pantaenius and Michael Tolles.

Finance Midwest
Evan Gentry

Money360 hits $1 billion milestone

Money360, a technology-enabled direct lender specializing in commercial real estate loans, has surpassed $1 billion in loans originated and closed since inception. The announcement comes just 11 months after the company announced it had surpassed $500 million.

CRE Midwest

Cushman & Wakefield to acquire management firm QSI Facilities

Cushman & Wakefield has entered into a definitive agreement to acquire Quality Solutions, Inc. (“QSI”), a top national facilities management firms specializing in on-demand facility maintenance and project management services through a national network of facilities contractors. The acquisition will expand Cushman & Wakefield’s facilities management capabilities and coverage across North American markets by leveraging QSI’s supply chain of 50,000+ qualified suppliers and 75+ facilities trades.

Legal Midwest
The legal loopholes of Opportunity Zones

The legal loopholes of Opportunity Zones

Last year’s introduction of Opportunity Zones provides the potential to lift up impoverished areas while simultaneously giving tax benefits to investors. The finer points of how the program will actually work are starting to take shape, though it’s clear that there are several legal implications for participants looking to dive into this new program.