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...
Category : Capital Markets
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...
Wells REIT Buys Houston Office Building
HOUSTON – Wells Core Office Income REIT has acquired the Westway II building in west Houston. Westway II is a 242,374 square foot Class-A office...
Apartment Report
PHOENIX – CB Richard Ellis has negotiated the sale of Aldea at Estrella Falls, a 328-unit luxury apartment community in Goodyear, Ariz. Tyler Anderson, Sean...