Business Specialties
Trio of Lenders Provide $850M for Tysons Corner Center Refi
Prudential Mortgage Capital, Northwestern Mutual and TIAA-CREF each chipped in $283 million, for a total $850 million, to refinance Tysons Corner Center in metro Washington, D.C.
Landesbank Provides $110M for Queens, NY M-F Project
Landesbank is providing construction financing for a new luxury multi-family tower scheduled to go up in Long Island City in the New York City borough of Queens.
HCP Shakeup Takes Analysts by Surprise
Analysts and investors were surprised when news came out that the nation’s largest healthcare REIT, HCP, had fired its longtime chairman & CEO.
Mack Urban, AECOM Acquire Six Acres in Los Angeles CBD
Mack Urban and AECOM Capital have teamed to acquire six acres of land in downtown Los Angeles’ South Park district, on which they plan to build a new mixed-use neighborhood.
C&W: ‘A Very Good 2013’ Rolls on for Manhattan
As 2013 enters the home stretch, the nation’s biggest real estate market continues to show healthy momentum on most fronts, according to Cushman & Wakefield’s New York City team.
Serco Sets Up Shop with 90 KSF Office Lease in Suburban St. Louis
Serco, armed with a $1.2 billion government contract to provide processing services for the implementation of the Patient Protection and Affordable Care Act, recently signed a five-year lease in the suburban St. Louis building that formerly housed the headquarters of the now-defunct vehicle contracts seller U.S. Fidelis.
Schorsch’s RCS Capital to Acquire Investors Capital Holdings
RCS Capital Corp. is expanding again, announcing two acquisitions within two days this week worth a reported $92 million – Investors Capital Holding Ltd. and Hatteras Funds Group.
Madison Buys 49% Interest in Downtown LA Office Tower
Madison International Realty has acquired a 49 percent ownership interest in One California Plaza, a 42-story trophy office tower in downtown Los Angeles, for $295 million.
GDS to Develop ‘Barely Visible’ Skyscraper in South Korea
GDS Architects got approved to build a skyscraper in Seoul, South Korea, that has been dubbed the Infinity Tower. Its design is said to create an optical illusion that makes the structure barely visible from certain angles.