Barbra Murray
Behringer Harvard Buys 312-Unit M-F Property in Jacksonville
Behringer Harvard has added Wimberly at Deerwood, an apartment community in Jacksonville, to Behringer Harvard Opportunity REIT II Inc.’s portfolio.
Westin to Enter Sacramento Market with Reflagging of 100-Room Hotel
Starwood Hotels & Resorts Worldwide, parent company of Westin Hotels & Resorts, has decided that the Westin flag will fly in Sacramento for the first time, through the rebranding of the 100-room Le Rivage Hotel.
SL Green Closes $900M Refinancing of Manhattan’s 1515 Broadway
SL Green Realty Corp. has done it again. New York City’s largest office landlord has refinanced its 1.8 million-square-foot office building at 1515 Broadway once again– to the tune of $900 million.
Tishman, China Vanke to Build 655-Unit San Francisco Condo Tower
A new two-tower condominium property will soon sprout up in San Francisco, now that Tishman Speyer and China Vanke Co., Ltd. have joined forces to build a 655-unit residential community at 201 Folsom St.
Pierce Education, Core Properties Buy 1,692-Bed Student Housing Complex in NC
In a joint venture, Pierce Education Properties and Core Properties have just enhanced their portfolio with the addition of North Campus Crossing, a premier off-campus housing community near Eastern Carolina University in Greenville, N.C.
GoldOller Grabs 555-Unit Jacksonville M-F for $56M
GoldOller Real Estate Investments continues to enhance its portfolio of high-quality multi-family assets in secondary and tertiary markets with the acquisition of Country Club Lakes Apartments in Jacksonville.
C&W Arranges $79M Financing Deal for 2 MSF Charlotte-Area Industrial Portfolio
The Keith Corporation Portfolio, a 2 million-square-foot collection of Class A industrial assets in and around metropolitan Charlotte, has been snapped up by a JV with the assistance of $78.5 million of acquisition financing.
Loews Buys Boston’s 225-Room Back Bay Hotel for $84M
Continuing its mission to expand its presence in gateway cities and leading resort markets over the next five years, Loews Hotels & Resorts has acquired The Back Bay Hotel, an iconic 225-room lodging property in Boston.
The Rockefeller Group, IPA Break Ground on M-F Project in Suburban Phoenix
Late last summer, The Rockefeller Group and Investment Property Associates said they would break ground on the $58 million Liv Northgate in Gilbert, Ariz., in early 2013, and now they have.
Blackstone to Buy UBS’s Majority Stake in 40-Property Retail Portfolio
Blackstone Group L.P. is on the verge of snapping up a majority interest in 40 high-quality shopping centers. UBS, which co-owns the collection of U.S. retail properties with Kimco Realty Corp., will sell its controlling interest to Blackstone for $1.1 billion.