Nicholas Ziegler
Midtown Opportunities Acquires 22 Acres of Land in Midtown Miami
Construction activity is on the upswing in Miami, and Midtown Opportunities L.L.C. has just purchased 22 acres to play with at the 56-acre Midtown Miami development.
Vornado, Kushner JV to Recap NYC's 666 Fifth Ave.
A new co-owner steps in at 666 Fifth Ave., a 1.5 million-square-foot office tower in Manhattan, as Vornado Realty Trust establishes a joint venture with an affiliate of the Kushner Cos.
Developers Find Financing for Projects
Developers are finding ready financing for their projects, including $66 million for a D.C. multi-family, $50 million for Las Vegas retail and $70 million for a Michigan apartment complex.
Nearly $1B in Assets Backs Jamestown Fund Launch
Capitalizing on the strength of three recent trophy acquisitions, Jamestown has moved into the public phase of its new vehicle Jamestown Premier Property Fund.
SPECIAL REPORT: What Is the Multi-Housing Environment Without Fannie and Freddie?
After the SEC’s charging of 45 Fannie and Freddie execs, what is the multi-housing world going to look like in the coming years?
Economy Watch: Inflation Muted in November
The BLS reported that November’s CPI was flat, with no change since October. Ratings agencies are starting to be more vocal about European-debt concerns. On Friday, the House and Senate both approved a $1 trillion omnibus spending bill.
Easterly Partners Acquires Two-Building New Mexico Portfolio Leased to U.S. Forestry Service
There is nothing like a property fully leased to a government entity to provide an investor with security, and that is exactly what Easterly Partners got with its acquisition of a 191,200-square-foot office portfolio in Albuquerque, N.M.
Dees Stribling's Economy Watch Weekly
U.S. consumers aren’t opening their wallets quite as much as retailers thought, and Europe sinks back into a debt funk. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Dec. 16, 2011.
NYC's Mercedes House Gets $229M in Financing
Thanks to Wells Fargo and JPMorgan Chase, Two Trees Management Co. now has a $229 million construction-financing package to commence the 850-unit second phase of the gargantuan Mercedes House complex on Manhattan’s Far West Side.
JLL Wins 3.6 MSF Management Portfolio from Equity Office Properties
JLL is now looking at 3.6 million square feet of property management and leasing responsibilities within Equity Office Property Trust’s portfolio across Florida, Illinois and Georgia.