Keith Loria
MIG Acquires 304-Unit Apartment Property in Scottsdale
Newport Beach, Calif.-based real estate investment company MIG has acquired Acacia Creek, a 304-unit apartment community in Scottsdale, from Equity Residential.
Brickman, DivcoWest Acquire Three Manhattan Office Buildings
San Francisco-based real estate firm DivcoWest has partnered with a private equity firm headed by New York real-estate investor Bruce Brickman to acquire three office buildings in Midtown South from Einstein College at Yeshiva University.
Strategic Hotels & Resorts Urged to Sell its Hotel Portfolio
Orange Capital, a New York-based investment firm, has urged Strategic Hotels & Resorts to sell its entire portfolio of high-end hotels and return the proceeds to shareholders.
West End Summit Adds InterContinental Hotel in Nashville
Alex. S. Palmer & Co. and Concord Hospitality have signed a letter of intent for the development of an InterContinental Hotel in Nashville, as part of Palmer’s West End Summit.
CenterPoint Properties Buys 1 MSF B&N Distribution Center in NJ
CenterPoint Properties has purchased Barnes & Noble’s 1.15 million-square-foot primary distribution facility located in Monroe Twp., N.J., for $83 million from a pension fund advisory firm.
MG Properties Acquires Terracina Apartments in Calif. for $95M
San Diego-based private real estate investor MG Properties Group has purchased the Terracina Apartments, a 736-unit multi-family property located in southeast Ontario, Calif., for $95 million from Colorado-based seller Archstone.
Cousins Buys Houston’s Post Oak Central, Atlanta’s Terminus Properties
Atlanta-based real estate company Cousins Properties acquired Post Oak Central, a Class A office complex in the Galleria submarket of Houston, for $233 million from institutional investors advised by J.P. Morgan Asset Management. The company also bought the Terminus 100 and 200 towers in Atlanta’s Buckhead market.
Brookfield Refinances 355 KSF DC Office Building
Brookfield Real Estate Opportunity Fund I has received a $95.5 million first mortgage loan for 64 New York Avenue NE, a 355,000 square-foot office building in Washington D.C.
Wewatta & Wynkoop Refinance Two Denver Office Buildings for $74M
Wewatta & Wynkoop, a GE Asset Management and Crestone Partners managed entity, has secured a $74 million loan to refinance 1400 Wewatta and 1401 Wynkoop, two Class A contiguous office buildings totaling approximately 300,000 square feet in downtown Denver.
Coldwell Banker Commercial to Represent 1.8 MSF SLC TOD Vista Station
Coldwell Banker Commercial NRT’s Salt Lake office will represent Vista Station, a new 100-plus acre development located in Draper, Utah.