NBA Star David Robinson’s Admiral Fund Buys Stake in Houston Hotel
HOUSTON – The Admiral Capital Real Estate Fund LP announced the acquisition of a preferred equity interest in the Hilton Garden Inn Houston Energy Corridor...
Category : Capital Markets
Prediction: CRE to Improve in 2012
ANAHEIM, Calif. — A majority of the commercial real estate sectors are still experiencing rising absorption and little improvement in rents, according to Lawrence Yun,...
Apartment Briefs
ANAHEIM – Rental rates will rise about 3 percent annually over the next three years, predicted Lawrence Yun, chief economist of the National Association of...
MetLife Sells Stake in 71-story Wells Fargo Plaza
HOUSTON -MetLife has sold a 50% interest in the 71-story Wells Fargo Plaza in downtown Houston to New York State Common Retirement Fund. MetLife will retain...
Sixteen Self Storage Projects Sell for $357 Million
HOUSTON – HFF has closed the sale of a 16-property self storage portfolio in Connecticut, New York and Pennsylvania. HFF and Louis Perfetto, Esq. of...
Hines Sells Retail Center in Mexico
MEXICO CITY – The Mexico City office of Hines announced the sale of City Center Pitic to MexFund S.A.P.I, a Mexico-based real estate investment firm. ...
Office Sells for Record Price
NEW YORK — Brookfield Office Properties has sold the Newport Tower office building in Jersey City, NJ to Multi-Employer Property Trust for $377.5 million. It...
National Apartment Round Up
DALLAS – Estancia at Ridgeview Ranch, a 500-unit, Class A multi-housing community in Plano, Texas has been sold. HFF arranged acquisition financing for the project....
Blackrock Projects Solid Commercial RE Returns
HOUSTON — Blackrock Inc. is projecting solid returns on commercial real estate investments in the United States, with annual returns projected at 6 percent to...
SkyWalker Buys Grapevine Office
GRAPEVINE, Texas – SkyWalker Property Partners has acquired a two-building office complex, totaling 58,860 sf, in Grapevine, from special servicer, CWCapital LLC. Gary Walker, president...