Keith Loria
Greystar to Buy Portfolio of Student Housing Assets in UK
Greystar Real Estate Partners, in partnership with Goldman Sachs, has agreed to acquire a portfolio of U.K.-based student housing assets out of the bankruptcy administration proceedings for the Opal Property Group.
Jackson Walker Leases 104 KSF at KPMG Plaza in Dallas Arts District
CBRE has been keeping busy this week in Dallas, announcing its role in the completion of a 104,064-square-foot lease on behalf of Jackson Walker in the future Hall Arts office building, in the heart of the Dallas Arts District; and in a separate deal, it arranged the sale of 100 East Royal, a Class A office asset in Irving.
Cassidy Turley Incorporates Western Region Affiliates into Firm
Following a trajectory it set for itself three years ago when the firm first launched, Cassidy Turley has merged its former affiliates in Arizona, Colorado, Northern California and San Diego into the firm, and all are now fully owned by the commercial real estate service provider.
Cassidy Turley: Positive Signs for NYC Office Market
Cassidy Turley released its August Manhattan Office Report and its findings revealed that the summer ended on a high note.
Greystone Closes on $117M Portfolio for Affordable Housing
WWJ, an affiliate of Boyd Management, has acquired the aged USDA Rural Development Section 515 portfolio, with Greystone closing on the $117 million multi-family transaction to allow for major rehabilitation to preserve rural housing communities in the state of Georgia.
Tucker Secures $218M in Financing for Phase I of 1 MSF M-U Development in Fort Lee, NJ
A JV of Tucker Development, Ares Management and Kushner Real Estate has secured $218 million in financing for the initial phase of Hudson Lights, a 1 million-square-foot mixed-use redevelopment of an eight-acre site located at the base of the entrance to the George Washington Bridge in the heart of downtown Fort Lee, N.J.
Hines Buys 2 More Logistics Facilities in Poland
Hines has acquired two logistics facilities in Poland, totaling seven warehouses comprising 753,200 square feet, via its Hines Russia & Poland Fund from TMW Pramerica Property Investment GmbH.
Design Unveiled for Trump International Hotel in DC
Trump Hotel Collection has released its plan for the $200 million redevelopment of The Old Post Office in Washington, D.C., which will transform the iconic Pennsylvania Avenue landmark into the Trump International Hotel.
Boston Properties to Sell Ownership Interest in Times Square Tower for $684M
Boston Properties has entered into a binding purchase and sale agreement to sell a 45 percent interest in the ground leasehold interest and related tax credits in New York City’s Times Square Tower to an affiliate of Norges Bank for a purchase price of $684 million in cash.
Connected Vehicle Research Center Planned on Old GM Industrial Site
The RACER Trust, Devon Industrial Group and Walbridge Development are teaming up to transform the former Willow Run Powertrain plant in Ypsilanti Township, Mich., into a technologically advanced connected vehicle research center.