Anna Spiewak
INTERNATIONAL: Tristan Capital, STAM Europe Open $130M Office Campus in Central Paris
A partnership between a real estate investment fund advised by Tristan Capital Partners and co-investor STAM Europe marked the official opening of a nearly 264,000-square-foot office complex located in the heart of Paris.
Freddie Mac Launches National Small Balance Loan Product
Freddie Mac Multifamily has named three nationwide lenders to launch its new Small Balance Loan product aimed at providing more affordable housing by giving small rental property owners access to long-term debt capital.
Economy Watch: Residential Price Increase, Unemployment Claims
Asking prices for U.S. residential properties rose 0.8 percent in September. For the week ending Oct. 4, initial unemployment claims decreased by 1,000 from the previous week.
INTERNATIONAL: Brookfield Multiplex to Build $187M Hospital in New South Wales
Brookfield Multiplex is set to develop the largest infrastructure project in the Bega Valley Shire in New South Wales –a new $187 million hospital.
NorthPoint Buys 285 KSF Office Tower in Downtown Kansas City
NorthPoint Development has acquired The Power & Light Building, an iconic 30-story office tower in downtown Kansas City, from Gailoyd Enterprises Group, with plans to convert the property into a mixed-use development with 200 apartments.
INTERNATIONAL: Hines Launches $250M M-F Program in India’s Urban Areas
Global real estate firm Hines is launching Hines India Residential, with the purpose of investing in multi-phased, for-sale residential developments that require long-term equity capital.
EXPO Real Special Report: Redeveloping Cities in the Age of Startup
The second day at EXPO Real in Munich highlighted organization of urban areas to manage the advent of the Digital Age.
EXPO Real Special Report: European-Cities Housing Challenge
The first day of Expo Real in Munich revealed a number of challenges that major European cities are currently facing.
INTERNATIONAL: Karlin Grabs Retail Portfolio in Spain, Portugal from Redevco
L.A.-based Karlin Real Estate has acquired a portfolio of more than 247,000 square feet of retail properties located in Spain and Portugal from developer-investor Redevco.
Economy Watch: Jobs, Freddie Mac Delinquent Mortgages
The U.S. economy created 248,000 jobs in September. Freddie Mac’s single-family serious delinquency rate declined from 2.02 percent in July to 1.98 percent in August.