Barbra Murray
AMLI Co-founder John Allen Dies
John Allen, co-founder of Chicago-based national real estate company AMLI and a well-known name in the industry, died this past Sunday.
Sony to Sell Manhattan HQ to Chetrit, Partners in $1B Sale-Leaseback
With commercial real estate investment brokerage and banking firm Eastdil Secured leading the marketing effort, Sony has settled on a buyer for its Manhattan headquarters building at 550 Madison Ave.
Kennedy Wilson Boosts UK Portfolio with $101M Purchase
Kennedy Wilson’s European presence continues to grow at a fast clip with the recent acquisition of a 1.1 million-square-foot commercial real estate portfolio in the U.K.
AIMCO Breaks Ground on $140M M-F Redevelopment in LA’s Trendy Venice Neighborhood
Lincoln Place, the largest garden-style apartment complex in the Los Angeles beach community of Venice, is about to get the facelift of a lifetime.
$95M Financing in Place for 465 KSF Office Portfolio Near Princeton, NJ
RXR Realty, with the assistance of HFF, has just landed the funds for the refinancing of a four-building group of office properties in West Windsor, N.J.
Boston Capital Closes $150M Affordable Housing Fund
One year after its launch, Boston Capital’s $150 million Boston Capital Tax Credit Fund XXXVI has closed with a portfolio of 22 affordable housing properties accounting for an aggregate 2,471 residential units.
Drexel University Signs 185 KSF Lease in Philly
In downtown Philadelphia’s largest office expansion deal of 2012, Drexel University has graduated from 67,000 square feet to 186,000 square feet at Three Parkway.
American Communities Grabs 515-Unit Dallas-Area M-F Property
American Communities, just eight months old, is wasting precious little time building up its metropolitan Dallas multi-family portfolio. The real estate company just acquired its fourth asset, the 500-unit Chaparral Creek apartment community in Irving, Texas.
Rockefeller, SRO to Build 2 MSF M-U Office Complex in Suburban Seattle
The Rockefeller Group and Sterling Realty Organization have teamed up to bring a 2 million-square-foot mixed-use office development to downtown Bellevue, Wash.
JV Picks Up 1 MSF Chicago Office Tower in $350M Sale-Leaseback
In what’s being touted by industry leaders as Chicago’s largest office sale in 2012, the 1 million-square-foot office building at 540 W. Madison St. came under new ownership in a $350 million sale-leaseback transaction.