Barbra Murray
CPPIB, Goodman Target North American Industrial with $890M Partnership
Canada Pension Plan Investment Board and Goodman Group have partnered to invest a big chunk of change in logistics and industrial properties in key North American markets.
Hilton Plans Triple-Flag Hotel Village in Canada
Hilton Worldwide is currently building three new hotels in Canada in the same location. All three edifices will be united by exterior parkways and an underground parking facility.
Seniors Housing Portfolio Attracts $70M Loan from Prudential Mortgage Capital
Prudential Mortgage Capital Co. has footed $70M for a joint venture by two seniors housing communities to build a five-property portfolio, seeing increasing demand for senior housing as an opportune time to invest in such projects.
Health Care REIT Plans to Close Q3 with $925M of Investments
Health Care REIT Inc. is in the midst of acquiring close to $1 billion worth of healthcare-related assets in the third quarter, following its busy second-quarter activity of MOB purchases.
REIT Executives Pocketed More Cash in 2011: FTI Consulting
Total pay for executives jumped 7 percent year-over-year on average. Compensation is becoming tied more closely to performance.
Apartment Trust of America Gets $537M Recap, New Name
The recapitalization included the investors’ contribution of a 21-property portfolio encompassing 6,100 apartment units valued at $485 million. For its part, ATA handed over $187 million of partnership interests in its operation partnership.
Cassidy Turley Picks Up 14 MSF Outsourcing Assignment from SunTrust Banks
Cassidy Turley’s responsibilities have just grown by 14 million square feet in one fell swoop, courtesy of SunTrust Banks Inc.
Compatriot Capital Expands M-F Presence with JLB Investment
Compatriot Capital Inc. has taken a significant step in its 10-year business plan through a new deal with national multi-family developer JLB Partners L.L.C.
Marriott Marquis Times Square to Get $140M Retail Makeover
Host Hotels & Resorts Inc. has just struck a deal with Vornado Realty Trust that will bring new prominence to the New York Marriott Marquis Times Square with a $140 million retail redevelopment.
Cantor Commercial Snags Freddie Mac Veteran May for Lending Business
Cantor Commercial Real Estate has snagged former Freddie Mac multi-family exec Michael May as the newest member of its multi-family team.