Barbra Murray
Songy, Carlyle Purchase 430 KSF Houston M-U Property
The Carlyle Group and Songy HighRoads have bought Galleria Plaza, a 428,300-square-foot high-profile, mixed-use property in Houston.
Waveland JV Plans $160M M-U for Suburban Denver
Waveland Ventures, along with partners Jackson Street Holdings and Arrival Partners, has a mixed-use plan in the works for the active Fitzsimons neighborhood in Aurora, Colo.
Picerne Constructing 248-Unit Apartment Project for Hungry Denver Market
The Picerne Group is working hard to answer the increasingly loud cry for apartments in Denver with the construction of a luxury apartment property in the thriving Denver Tech Center area.
Phillips Edison–ARC Acquires Three-Property Portfolio
Phillips Edison-ARC Shopping Center REIT Inc. continues what appears to be a bit of a buying binge with the acquisition of a three-state, three-property portfolio of shopping centers totaling 276,000 square feet.
IPD Releases Global Quarterly Property Fund Index
Real estate industry analysis provider IPD has released its inaugural IPD Global Quarterly Property Fund Index, a benchmarking of fund-level real estate performance across global markets, and the numbers for 2012 were, well, relatively modest.
RLJ Buys M-U Humble Oil Complex for $80M, Plans Hotel Addition
Downtown Houston’s historic Humble Oil Building complex has gotten a new owner with a new plan.
Omni Obtains $250M in Financing for Three Hotels
Omni Hotels Corp. has gotten its hands on a total of $250 million in financing for a group of three properties encompassing the Omni Fort Worth, Omni Houston and Omni Chicago.
Trigild, Blu Hotel JV Buys 121-Room Santa Ana Hampton Inn & Suites
Just five months after forming a strategic alliance to build, buy and operate hotel properties, Trigild and Blu Hotel Investors have made their first acquisition, the Santa Ana Hampton Inn & Suites in Santa Ana.
Orbach Group Grabs 178-Unit NYC Apartment Portfolio for $70M
Keen on Manhattan’s Upper West Side, The Orbach Group has enhanced its presence in the area with the addition of a three-property apartment portfolio sited along 107th Street.
Guardian Takes Majority Stake in Executive Asset Management
Guardian will merge the firm with its AssetAdvisor division and build on EAM’s experience in disposition strategies, property management and rental solutions for FDIC Loss Share assets.