michaelratliff
INTERNATIONAL: Marriott Opens First Marquis Brand Hotel Outside the U.S. in Qatar
Three properties in Doha, Qatar, have been combined to form the first Marriott Marquis hotel outside of the U.S.
USAA Real Estate JV Grabs 280-Unit Multi-Family Tower in Chicago
USAA Real Estate Co. recently joined forces with Golub & Co. to acquire Chestnut Place, a 280-unit apartment building in Chicago.
Moinian Secures Loan for Manhattan’s Largest Apartment Tower Under Construction
Development of 605 West 42nd St., The Moinian Group’s luxury residential tower, can continue now that the firm has secured a construction loan. The New York-based developer also announced that SL Green has signed on as an investor.
Podcast: Smooth Operators
This podcast breaks down our 2014 ranking of the top property management firms, and takes a detailed look at property management best practices, as well as what 2014 will mean for occupancy levels and rent rates.
2014 Top Property Managers
Responsive property management is one of the most important factors in achieving a strong bottom line. The firms in the 2014 MHN-CPE Ranking of Top Property Managers collectively operate over 13.5 billion square feet of commercial space and nearly one million units, no small feat considering the economic climate, challenging residents/tenants, and an ever-evolving institutional real estate landscape.
August 2014 – Briefs/Leasing & Management
BNY Mellon Takes 350 KSF with Brookfield in NYC; Commonwealth REIT Taps CBRE for 43 MSF Management Portfolio; DCT Industrial Trust Pre-Leases 190 KSF at Houston Logistics Center; CIM Group, Seaholm Power Sign Under Armour for 35 KSF; NerdWallet Signs Lease with Hudson Pacific in San Francisco; Deloitte Signs 113 KSF Lease in Iconic LA Tower; Starwood Signs 430 KSF Lease for Global HQ in Stamford; JLL Lands 1 MSF Leasing Gig in Massachusetts.
August 2014 – Briefs/Sales & Development
Starwood Retail to Buy 7 Taubman Malls for $1.4B; Goodman Begins Rollout of $1.4B U.S. Development Pipeline; NYU Langone Purchases Leasehold Interest in SL Green Asset; Retail Opportunity Investments Buys 1.2 MSF California Shopping Center; Keystone, Mack-Cali JV Buys Philly Asset with Reposition Play in Mind; SL Green Expands Retail Footprint in Times Square; Pennsylvania Racetrack & Casino Trades for $465M; ARCP Purchases 2.5 MSF Industrial Portfolio from Mesa.
August 2014 – Briefs/Finance
Moinian Secures Loan for 3 Hudson Blvd.; Bassuk to Refi 9 Maxx Properties with $140M; NJ’s Revel Casino Files for Second Bankruptcy; Greystar Closes on $800M M-F Acquisition Fund; RXR Secures $200M for 787 KSF Lower Manhattan Office Acquisition; Revised Financial Agreement Looks to Advance 3 WTC; Mesa West, RCG Longview Provide $90M to Stamford Office Park.
Pushing New Heights – Brokerage Trends Podcast
Jack Kern and Mike Ratliff dissect the current state of real estate brokerage and investment sales trends.