Gabriel Circiog
Sumitomo Corporation of Americas Acquires Chicago’s Trophy 203 North LaSalle
Commercial real estate services firm Avison Young announced that it has completed an office property acquisition on behalf of Sumitomo Corporation of Americas within a trophy-class building in downtown Chicago.
Marriott Hotels Expands in Colorado with 215-Room Denver Marriott Westminster
Etkin Johnson Real Estate Partners and White Lodging Services recently announced the opening of the full-service Denver Marriott Westminster hotel and Tiller’s Kitchen & Bar restaurant in Westminster, Colo.
4 Companies to Develop M-U Building in Tokyo’s Famed Ginza District
J. Front Retailing, Mori Building, L Real Estate and Sumitomo have entered a mutual agreement to jointly operate a retail facility that will be part of the largest mixed-use building in Ginza, Tokyo’s most famous upmarket shopping, dining and entertainment district.
Ambassador Hotel Collection Debuts Oklahoma City Location at Historic Medical Building
Tulsa-based hospitality company Ambassador Hotel Collection recently announced the opening of its latest addition to the portfolio in the Midtown district of Oklahoma City.
AFL-CIO Housing Investment Trust Provides $33M for 259-Unit Apartment Complex
The AFL-CIO Housing Investment Trust recently announced it has provided $33 million in pension capital funding for the construction of Five 15 on the Park, an apartment complex in Minneapolis.
Glimcher Acquires 3 Retail Centers from Chesapeake Energy in $52M Deal
Columbus, Ohio-based Glimcher Realty Trust, a real estate investment trust with a focus on retail properties, has recently announced it has completed the acquisition of approximately 290,000 square feet of open-air, mixed-use properties in the Oklahoma City market. The properties have been purchased for $51.8 million.
Governor Quinn Announces New “Welcome Home Illinois” Home Loan Program for First-Time Buyers
Governor Pat Quinn recently announced the new Welcome Home Illinois program which aims to help Illinois’ first-time home buyers. The program provides $7,500 in down-payment assistance with an interest rate as low as 3.99 percent for a secure, 30-year fixed rate mortgage.
KTGY Group Inc. Announces Phase III of the Vallagio at Inverness
KTGY Group Inc., Architecture + Planning, recently announced that construction has started on Phase III of the Vallagio at Inverness. The transit-oriented master-planned development is located in southeast metropolitan Denver. Vallagio III, situated on the southeast corner of I-25 and Dry Creek Road, will add a total of 364 new homes to the project.
Fairmont Hotels & Resorts Opens First Residences in China
Fairmont Hotels & Resorts has opened its first residential project in China. Fairmont Chengdu Residences are part of a mixed-use development scheduled to open in 2015.
Equus Capital Partners Acquires 558-Unit M-F Portfolio in Suburban Minneapolis
Private equity real estate fund manager Equus Capital Partners Ltd. recently announced that its affiliates have acquired a multifamily portfolio featuring two properties located in suburban Minneapolis. The communities were purchased from Henderson Global Investors and will be managed by the multifamily operating arm of Equus: Madison Apartment Group L.P.