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...
Category : Capital Markets
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...
LaSalle Investment Enters JV With Midway in City Centre
HOUSTON – LaSalle Investment Management, Inc. and Midway Cos. have formed a joint venture for the City Centre II and City Centre III mixed-use buildings...
Multi-Family Deal Report
Apartment Briefs HOUSTON – Jamie Mullin and Brandon Brown of LMI Capital arranged $38 million in financing for nine apartment communities totaling 2,364 units throughout...
Hines Sells Chicago Skyscraper
CHICAGO — Hines’ U.S. Core Office Fund sold Three First National Plaza to Downtown Properties, the U.S. associate of Hong Kong-based Gaw Capital Partners, along...
CBRE Real Estate Investors Buys Office in Houston’s Galleria Area
HOUSTON – CB Richard Ellis Investors, the global real estate investment management firm, has purchased 2603 Augusta, a 242,447 square foot office property in Houston....