Business Specialties
INTERNATIONAL: Invesco Buys Office Project in Prague from Skanska
The Riverview office project in Prague traded hands as Invesco Real Estate purchased the asset from Skanska Property Czech Republic.
Virtus, Aspen Heights to Build 684-Unit Student Housing Community near University of Oklahoma
Virtus Real Estate Capital has joined forces with student housing development and management company Aspen Heights to build Aspen Heights Norman, a 684-bed cottage-style community near the University of Oklahoma in Norman, Okla.
Voit to Manage, Reposition 2 MSF Industrial Portfolio in Reno
The Reno office of Voit Real Estate Services will provide property management and repositioning services for two industrial portfolios totaling more than 2 million square feet in Reno for Northwestern Mutual.
ULI Special Report: Global Capital Flows
Foreign capital continues to flow into real estate around the world, some top global investors affirmed during the general session “Capital Markets: A Global Perspective” at the Urban Land Institute’s Fall Meeting yesterday.
INTERNATIONAL: Hyatt, PRISA JV Breaks Ground on Hyatt Place San Juan
A joint venture between Hyatt, PRISA Group and McConnell Valdes Consulting has broken ground on the 149-room Hyatt Place San Juan hotel in Puerto Rico.
Ridgeline, Hillwood JV to Develop 1.1 MSF Braselton Commerce Center in Atlanta Submarket
There’s a genuine dearth of modern big-box industrial product in metropolitan Atlanta, and Ridgeline Property Group and Hillwood Investment Properties are primed to help fill the void.
Walker & Dunlop Originates $108M Fannie Mae Loan for Housing Community in Lakeland, Fla.
Blair Group, one of Florida’s largest developers of affordable adult active lifestyle communities, has taken advantage of low mortgage rates and refinanced its Cypress Lakes manufactured housing complex with a $108 million Fannie Mae loan originated by Walker & Dunlop.
Golub & Co. Breaks Ground on 45-Story Apartment Building in Chicago’s Streeterville
A joint venture between Golub & Co. and GID has broken ground on a 45-story apartment high-rise, at 545 N. McClurg Court in Chicago’s Streeterville neighborhood.
London’s 90 North Enters North American Market with $750M to Invest
London-based 90 North Real Estate Partners comes across the pond to the U.S. to make its entrée into the North American market.
Atlas Residential Buys $150M M-F Portfolio in Orlando
In Orlando’s largest apartment transaction of 2014, Atlas Residential has acquired a 1,024-unit multi-family portfolio from a large national owner-operator.