Anca Gagiuc
Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com
City Planning Commission Approves Hyatt Regency Century Plaza Hotel Redevelopment
By Alex Girda, Associate Editor The efforts of area homeowners, conservation groups and local officials who have championed the Hyatt Regency Century Plaza Hotel’s redevelopment plan have been rewarded. The Los Angeles City Planning Commission recently approved developer Next Century Associates’ comprehensive proposal to turn the hotel they own into a new focal point for […]
Woodinville Apartment Complex Latest Addition to Grosvenor’s Value-Add Portfolio
By Alex Girda, Associate Editor Grosvenor Americas recently announced the acquisition of the Waterford Place Apartments in Seattle’s Woodinville suburb for $58.4 million. The property group will now pursue a substantial property renovation to add value to the newest member of its portfolio. Upgrades are deemed necessary for most of the community’s amenities, such as […]
TIAA-CREF Buys Massive Retail Property in England for $451M
TIAA-CREF has purchased a colossal shopping center in Basingstoke, from Grosvenor, a privately owned property group.
Hilton Buys 300 Timeshares at Trump International Hotel
By Alex Girda, Associate Editor The Trump Organization has sold a big chunk of the Trump International Hotel Las Vegas’ available timeshare units to Hilton Worldwide. According to VegasINC magazine, Trump has unloaded approximately 300 of its condominium units, which will enter Hilton’s timeshare circuit under the Hilton Grand Vacations brand. Hilton will start using […]
Taubman TBCL’s JV to Manage 1.5 MSF Shopping Center in China
Two companies are teaming up to own a majority stake and manage an upcoming retail development in Xi’an.
Hines-J.P. Morgan JV Secures $188M Loan for Office Campus
Arranged by Jones Lang LaSalle Inc.’s capital markets division, the loan provides debt and construction financing for the campus, where Hines is developing a 415,000-square-foot office building (pictured). Scheduled for completion in 2014, the building is fully leased to LPL Financial, which will consolidate operations from multiple local offices. LPL Financial’s lease is one of the largest ever in San Diego.
Olympic-Bundy Media Campus Trades Hands for $89 Million
By Alex Girda, Associate Editor The Olympic-Bundy Media Campus has been snapped up by Hudson Pacific Properties, Inc. according to a statement the company released via its official website. The company had hinted at this move earlier this year when … Continue reading →
Developers Detail Plans for $1.5B ‘Health Village’
By Alex Girda, Associate Editor Developers of one of the Las Vegas region’s best-kept secrets, the proposed $1.5 billion Union Village complex, submitted an outline to city officials this week that provides details about the development and its concept of “integrated health village.” As reported by the Las Vegas Sun, the development is awaiting approvals […]
Treat Towers in Walnut Creek Trade Hands
By Alex Girda, Associate Editor MetLife recently acquired Treat Towers in one of the largest office deals in the East Bay this year, trading for around $120 million. The property was bought from Chicago-based Equity Office Properties Trust, who co-owned the Treat Towers with a TIAA-CREF retirement fund. The twin 10-story office buildings offer around […]
Kemper’s Lincoln Square Development Moves Forward With Building Permits
By Alex Girda, Associate Editor Bellevue’s Lincoln Square expansion project is set to recapture the attention of local developers and officials as the company heading the project recently applied for building permits. Kemper Development Company already has a visible presence in downtown Bellevue through its Bellevue Collection comprising Bellevue Square and Bellevue Place, as well […]