Business Specialties
REITWeek Special Report: Blackstone’s Gray on Where to Find Value
Jonathan Gray, Blackstone’s global head of real estate, dispenses advice on how to find assets that will outperform in today’s real estate cycle at REITWeek in New York City.
JPMorgan Chase Grabs 58-Acre Suburban Delaware Office Campus
JPMorgan Chase & Co. has just gotten its hands on 357,500 square feet of top-notch office space in Wilmington, Del., with the acquisition of biopharmaceutical company AstraZeneca’s 58-acre South Campus.
SoCal Logistics Project Kicks Off Goodman’s $1.4B Development Pipeline
Through its wholly owned North American subsidiary, Australian industrial property powerhouse the Goodman Group has launched a $1.4 billion, 15 million-square-foot U.S. development pipeline by breaking ground on a $150 million logistics center in Rancho Cucamonga, Calif.
Eastview Development, GTIS Partners Break Ground on 51-Story Miami Condo Tower
A 51-story condominium tower will soon begin to sprout along Biscayne Bay, as Eastview Development and GTIS Partners break ground today on Biscayne Beach.
Ventas to Acquire ARC Healthcare REIT for $2.6B in Stock and Cash
Ventas, the biggest healthcare REIT in the U.S., plans to grow even larger with two acquisition deals totaling $3.5 billion, including the $2.6 billion purchase of a competitor: American Realty Capital Healthcare Trust.
Hilton Worldwide Launches New Brand: Curio
Hilton Worldwide broadens its horizons yet again, this time with the announcement of its new brand: Curio.
Port Authority Focusing on Private Capital for Silverstein’s 3 WTC Building
The Port Authority of New York and New Jersey met on Wednesday and revealed a change in its approach to the financing for Silverstein Properties Inc.’s development of 3 World Trade Center.
International: Muse Developments Breaks Ground on $385M M-U Project in London
Lewisham Gateway Developments Ltd., a wholly-owned subsidiary of Muse Developments, broke ground on one of the largest regeneration projects in southeast London, Lewisham Gateway.
Port of San Diego Seeks Developer for Convention-Oriented Hotel & Resort
The Port of San Diego will issue a Request for Qualifications, seeking a developer for a new convention destination resort hotel as part of the Chula Vista Bayfront, considered one of the last great waterfront development opportunities in California.
Retail Opportunity Investments to Buy Fallbrook Shopping Center for $210M
Retail Opportunity Investments Corp. has entered into a binding contract to acquire Fallbrook Center, in West Hills, Calif., for $210 million in cash.