Nicholas Ziegler
JLL Brokers $190M Baltimore-Based Multi-Family Sale to Harbor Group
Monday, Jones Lang LaSalle announced the completion of the sale of six multi-family properties in Baltimore, with Harbor Group International purchasing the 1,984-unit portfolio for $190.1 million.
Donahue Schriber Completes $1.2B Balance Sheet Recap
Donahue Schriber set out to recapitalize its balance sheet to the tune of $1.2 billion and the shopping-center developer has done just that.
Economy Watch: Asian Markets Get U.S. Debt-Ceiling Blues, Alabama County Eyes Bankruptcy, Gallup Poll Says Americans Not Confident in Economy
The world began protesting more loudly on the Congressional debt-ceiling impasse in Congress. Jefferson County, Ala., may vote on Chapter 9 bankruptcy this week. And Gallup’s Economic Confidence Index fell to minus 41 in the week ending July 17.
CBRE Tapped by IndCor to Manage 22 MSF Industrial Portfolio
CB Richard Ellis Inc. has had a busy week after being chosen by IndCor Properties Inc. to manage an industrial property portfolio totaling 22 million square feet across 10 states.
Dundee REIT Picks up $832M Portfolio Across Four Canadian Cities
Dundee REIT announced it purchased a portfolio of office properties worth $831.8 million from affiliates of Blackstone Real Estate Advisors LP and Slate Properties Inc.
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights on CPE Radio into the top economic news for the week ending July 22, 2011.
Strategic Hotels’ Refi Frenzy Continues with $130M Loan on Four Seasons D.C.
Strategic just closed a $130 million limited-recourse loan secured by the premier 222-room property in D.C.’s upscale Georgetown neighborhood.
Economy Watch: Progress on U.S. Debt Ceiling Still Unclear
The rumor mill was in high gear on Capitol Hill on Thursday as vague stories of Deal or No Deal on the debt ceiling were fast and thick. A solution of sorts to the Greek debt crisis seemed to emerge on Thursday, and the Leading Economic Index for the U.S. increased 0.3 percent in June to 115.3.
Host Hotels to Purchase the Grand Hyatt Washington, D.C., for $442M
Host Hotels & Resorts Inc. is on track to acquire the Grand Hyatt Washington, D.C., for $442 million in what will be one of the largest hotel transactions in the metropolitan area so far this year.
Invesco Secures $72.8M Loan Through ING
The loan money is once again flowing. On Thursday, ING Real Estate Finance announced the closing of a $72.8 million term loan with Invesco Real Estate.