Industrial Midwest

The Banks are back

Commercial banks have returned to the investment real estate market. However, much has changed since the market crisis of 2008. Banks have recognized the need for higher amounts of capital. There are new regulations with effects that are both known and unknown. The fundamentals of loan underwriting have changed to address current economic challenges.

Industrial Midwest

AMB Property Corp and ProLogis to merge

AMB Property Corporation and ProLogis have announced a definitive agreement to combine through a merger of equals, creating the pre-eminent global owner, operator and developer of industrial real estate. Combined, the companies are expected to have a pro forma equity market capitalization of approximately $14 billion, a total market capitalization in excess of $24 billion, and gross assets owned and managed of approximately $46 billion.