Holly Dutton
Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
CRE Industry Cautiously Optimistic on Downturn: Survey
Real estate professionals are confident a market downturn won’t occur until at least 2020, but are notably more pessimistic than in recent years, according to a RCLCO report.
Cerberus, Hines JV Buys Texas’ Tallest Tower for $627M: Report
Hariri Interests sold JPMorgan Chase Tower in downtown Houston, a 1.6 million-square-foot skyscraper designed by the late I.M. Pei, along with an adjacent 407,000-square-foot property.
Nuveen, Crescent Communities Buy Charlotte Office Tower
The joint venture acquired 101 North Tryon, a 546,878-square-foot property in the central business district that was renovated last year.
Blackstone’s Credit Arm Closes $4.5B Fund
GSO Capital Partners announced the final closing of the GSO Energy Select Opportunities Fund II, one of the largest energy-focused credit funds in the market.
Savills Launches Coworking Platform PIVOT
The fully integrated service will be rolled out exclusively in the U.K. and will offer an all-inclusive price point for tenants.
Credit Suisse Acquires Austin Office Tower
A partnership of TIER REIT, Invesco and Cielo sold the Class AA asset located in the downtown area. The 29-story property came online earlier this year.
Eastdil Secured to Go Private in Management Buyout
The financial services firm will sell its majority stake to Eastdil Secured’s management in partnership with Temasek Holdings and Guggenheim Investments. The deal is expected to close later this year.
CIM Group Breaks Ground on Boston Office Asset
In a joint venture with Nordblom Co., the firm is building a 235,000-square-foot Class A office property in the city’s South End neighborhood.
Coworking Firm Venture X Expands in Europe
The shared workspace company, which has locations in 25 countries around the world, has agreed to bring its brand to the United Kingdom and Ireland.
Hospitality Properties Trust Buys $2.4B Portfolio
The company has acquired the 12 million-square-foot collection of assets from Spirit MTA REIT. The properties are net leased to tenants in a wide range of industries across 43 states.