Business Specialties
Behringer Harvard Sells M-F Property in Fort Lauderdale Metro Area
Behringer Harvard has sold Parrot’s Landing, a 560-unit multi-family community situated on a 29-acre site in North Lauderdale, Fla., to a Toronto-based real estate investment company.
Binswanger Brokers Sale, Just Closed, of NW Georgia Industrial Building
The Atlanta office of Binswanger has arranged the sale of a former Mohawk Industries facility, a 220,569-square-foot industrial building on 47 acres in Rome, Ga.
Vornado’s Sale of Philly Property Tied to Mall Redevelopment
Although Vornado is staying mum, and the chaos wrought by Hurricane Sandy didn’t help, the substance behind the REIT’s announcement earlier this week that it was selling four buildings is becoming clearer.
Emeritus to Enter Home Health Care Business with $102M Purchase
Emeritus Corp., the largest provider of assisted living and memory care services in the country, has just made plans to branch out into new territory.
Related Midwest Takes Long-Stalled Chicago Tower on New Course
Shovels are traditional for ground-breaking ceremonies, but Related Midwest’s restart last Thursday of another developer’s downtown Chicago high-rise, stagnant since 2008, reportedly used a sledgehammer instead.
Cole Capital Purchases 440 KSF Richmond Shopping Center for $68M
Cole Real Estate Investments has been busy snapping up premier retail assets in the suburbs of secondary markets all year, and White Oak Village in Richmond, Va., is its latest acquisition.
Union Investment Acquires Poland’s Largest Shopping Center in Europe’s Biggest Single Retail Asset Deal of the Year
Union Investment Real Estate AG has closed on the $505 million acquisition of Manufaktura regional shopping center in Łódź, Poland, for the open-ended real estate fund Unilmmo: Deutschland.
Stirling Capital Secures $70M Mortgage Refinance on Its Property Portfolio at Southern California Logistics Centre
Stirling Capital Investments has secured a $70 million refinance loan from Bank of America for the Southern California Logistics Centre, the 2,500-acre commercial and industrial complex in Victorville, Calif.
HCP Closes Acquisition of $2B Seniors Housing Portfolio
Two weeks after announcing it planned to acquire 133 seniors housing communities for close to $2 billion from a joint venture between Emeritus Corp. and an affiliate of The Blackstone Group, HCP has already closed on 127 of the properties.
Doors of 60-Unit Affordable Housing Complex Open in Miami
Carrfour Supportive Housing has just opened the doors of Parkview Gardens to low-income residents and veterans in Miami’s struggling Liberty City neighborhood.