Business Specialties
Madison International Acquires 50% Stake in Oslo Luxury Retail Center
Madison International Realty has acquired a 50 percent stake in The High Street Shopping Co., a major retail shopping development in Oslo, Norway, from Schage Eiendom.
Cassidy Turley to Merge with DTZ Consortium
Cassidy Turley has entered into an agreement with an affiliate of DTZ Investment Holdings to be sold to the consortium by the end of the year.
INTERNATIONAL: URBN Shanghai Reopens After Renovations
Cachet Hotel Group has reopened URBN Hotel, Shanghai’s award-winning eco-boutique hotel, following a series of renovations.
Morningstar to Move NYC Office to 4 WTC
Morningstar Inc. has signed a 10-year, 30,000-square-foot lease at 4 World Trade Center.
JLL Brings Maureen Ehrenberg Aboard Integrated Facilities Management Business
JLL has just tapped Maureen Ehrenberg, formerly global director of facilities management at CBRE, to serve as executive managing director for the firm’s Integrated Facilities Management business in the Americas.
Executive Insights: Daniel Kline, Delancey Street Capital
Daniel Kline, founder of Delancey Street Capital, talks about the Baltimore Class B and C multi-family market.
Rockpoint Group Closes Fund with Nearly $1B in Commitments
Rockpoint Group has closed its Core Plus Fund I, which was not formally marketed, with $950 million of equity commitments.
NorthStar to Buy 7,000-Room Hotel Portfolio from Inland American for $1.1B
NorthStar is buying a 7,000-room portfolio of upscale extended stay and select service hotels from Inland American Real Estate Trust.
INTERNATIONAL: Infosys, Skanska Sign Record-Breaking Office Lease in Poland
Infosys BPO Poland has taken 226,000 square feet of office space with Skanska in the largest office lease in Poland so far for 2014.
TIAA-CREF, TIAA Henderson Close Value-Add M-F Fund
TIAA-CREF and TIAA Henderson Real Estate closed their CASA fund with a $420 million price target in value-add workforce housing.