Business Specialties
Related Fund Management Grabs Fort Lauderdale Condo Hotel for $90M
An affiliate of Related Fund Management, headed by current Miami Dolphins owner Stephen Ross, has acquired the W Fort Lauderdale Hotel, a 346-key hotel in South Florida, from Capri Resorts, for $90 million.
Mack-Cali Taps CBRE as Leasing Agent for Harborside M-U Project on Jersey City Waterfront
CBRE Group has added Harborside, a mixed-use redevelopment project in Jersey City, N.J., to its list of responsibilities.
INTERNATIONAL: Manhattan-Based Gale Develops South Korea’s Tallest Skyscraper
After eight years of construction, Manhattan-based Gale International has finished building South Korea’s tallest skyscraper, which stands more than 1,000 feet tall and is open to the public.
MediaMath Signs 15-Year Lease in Downtown NYC
MediaMath has signed a 15-year, 106,000-square-foot lease at 4 World Trade Center, becoming the 72-floor tower’s first private-sector tenant.
Harbor Group Sells 415 KSF Times Square Office Tower for $250M
Harbor Group International has sold 1412 Broadway, a 24-story, 415,135-square-foot office tower in Manhattan, for $250 million.
CBRE Acquires PKF Consulting
CBRE Group Inc. has acquired PKF Consulting USA, an international advisory, consulting and research firm providing services to the hospitality, real estate and tourism industries.
INTERNATIONAL: Brookfield Multiplex Develops Green Office High-Rise in Melbourne for $410M
Global construction company Brookfield Multiplex has completed the development of a $410 million, mixed-use office building for Cbus Property in Melbourne.
Formation, Safanad JV Buys Nursing Facilities Portfolio for $150M
Formation Capital and Safanad Ltd. have acquired a portfolio of 14 skilled nursing facilities in the mid-Atlantic region for approximately $150 million.
Pebblebrook Grabs The Nines Hotel in Portland, Ore.
In order to further expand its presence in downtown Portland, Ore., Pebblebrook Hotel Trust has acquired The Nines Hotel for $127 million.
Venterra Secures Acquisition Financing for Suburban Houston M-F Property
Venterra Realty has added a Houston-area fractured condominium property to its portfolio, the 332-unit Fairways at South Shore in League City, Texas.