Business Specialties

Inland American Buys Student Housing in Fort Worth

Inland American Communities has purchased The VUE, a high-end student housing property one block from the Texas Christian University campus in Fort Worth.

1031 Exchanges: Common Mistakes in the Use of Qualified Intermediaries

What to watch out for when using a qualified intermediary in transacting a 1031 exchange.

Rouse Wraps Up $65M Refinancing of 900 KSF Suburban Tampa Mall

On the matter of loan maturities, Rouse Properties can check 2013 off its list.

Melbourne’s Largest Office Tower in 25 Years Purchased for $462M

Real estate investment trust IOF has announced the acquisition of a premium office project in Melbourne in partnership with Investa Commercial Property Fund.

Walgreens to Build Nation’s First Net-Zero Energy Retail Store in Evanston, Ill.

Walgreens is building a net-zero energy store in Evanston, Ill., that will use solar and wind power, geothermal heating and cooling and other energy-saving technologies to generate electricity and reduce its usage by more than 40 percent.

Hines REIT Pockets $412M on Sale of Houston’s 1.4 MSF Williams Tower

Hines Real Estate Investment Trust brings its ownership of the landmark Williams Tower in Houston to a lucrative end with the $412 million sale of the 1.4 million-square-foot office property to Invesco Real Estate.

Hines Global REIT Acquires Two Overseas Properties for $215M

Hines Global REIT spent more than $215 million on two office properties in the past week, one in London and the other in Sydney, as it continues to expand its international portfolio.

myCREOpoint Creates Site to Decrease Risk, Improve Performance for CRE Pros

A new site created by CREOpoint will offer an advanced customizable real time business intelligence hub exclusively for the global commercial real estate industry.

Concord Hospitality to Construct 182-Room Cambria Suites in Nation’s Capital

Choice Hotels International has taken its Cambria Suites in Washington, D.C., project skyward, marking a big step in the $40 million development of the Silver Spring, Md.-based company’s first Cambria Suites property in its own backyard.

MIPIM Special Report: $460M Beirut Terraces Possible First Lebanese Global Award Winner

With MIPIM 2013 just around the corner, nominees of the nine categories of the MIPIM Awards are abuzz with anticipation.