Business Specialties
More Consolidation if DTZ Makes a Bid for C&W?
The consolidation in the CRE property services sector could be speeding up if reports that DTZ is looking to acquire Cushman & Wakefield for $2 billion are true.
General Growth Properties Picks Up 26-Story Property in Manhattan
General Growth Properties has teamed with Jeff Sutton on the acquisition of a historic Manhattan building.
Passco Opens New Office in Austin
While Passco Cos.already has an office in Dallas, the call of the Southwest is loud enough for the company to expand its presence in the region.
Colliers Boosts Project Management Business
Colliers International has strengthened its project management expertise with the acquisition of this top Northeast firm.
Meridian Helps RXR Buy Downtown NYC Office Property
Meridian Capital Group negotiated a big chunk of change in acquisition financing for the purchase of the leasehold interest in a Manhattan office property.
International: Starwood Grabs Ace Hotel London
Starwood Capital Group’s purchase of Ace Hotel in London’s Shoreditch district sets a new benchmark for hotel pricing in the local area.
Crowd Investing Provides Ability to Sell Private-Placement Interests
One of the growing numbers of crowd investing platforms has launched a capability aimed at providing real estate investors with greater liquidity.
Guest Column: The IRR Ate My Capital!
Daniel B. Guggenheim of Pircher, Nichols & Meeks warns that IRRs in JVs may not always turn out as intended. Here’s what to watch out for.
International: Tishman Speyer Secures Financing for Expansion in Frankfurt
A North German lender is providing a credit facility to Tishman Speyer for the construction of a high-rise in Frankfurt’s financial district.