Business Specialties
Square Mile Plays $68M Role in Recap of 5 MSF California Office Portfolio
Square Mile Capital Management originated a $68 million mezzanine loan for the recapitalization of a 5 million-square foot Southern California office portfolio.
Avison Young Buys Former Grubb Affiliate in Raleigh-Durham, NC
Avison Young has acquired Thomas Linderman Graham Inc., which will further expand the company’s presence in the Southeast region of the United States.
A Monumental U.S. Property Fund Index
A webinar hosted by the Pension Real Estate Association and Investment Property Databank this week unveiled the consultative release of the new Index for the second quarter of 2012, which encompasses the entire risk spectrum of core, value-add and opportunistic strategies, as well as both diversified and sector specific funds.
Miami Gets First LEED-Certified Hotel with 221-Room Hampton Inn & Suites
The Hampton Inn & Suites Miami just got the U.S. Green Building Council’s Leadership in Energy and Environmental Design certification, making it Miami’s first LEED-certified hotel.
Pegasystems Settles into 162 KSF in Cambridge, Mass.
Software firm Pegasystems relocated to its new headquarters, a 162,000-square-foot premier office space at One Rogers St.
Greystone Expands Extensive Bridge Loan Services to Healthcare Sector
Greystone is expanding its bridge loan service to the healthcare sector, especially independent living, assisted living and skilled nursing facilities.
Canada’s Ivanhoé Cambridge Invests $234M in Silicon Valley Apartment Market
Ivanhoé Cambridge acquired a 208-unit apartment building in San Jose, and announced plans to develop a 648-unit property in the same city.
Grosvenor, Skanska Team on 650 KSF M-U Project in D.C.
In a JV, Grosvenor Americas and Skanska USA Commerical Development will create a mixed-use Class A project in a Wash. D.C. neighborhood.
Northwood Investors Buys Metro Denver’s 900 KSF Southlands Town Center
Northwood Investors of New York has acquired a 900,000-square-foot outdoor lifestyle center in Aurora, Colo.
CoreNet Special Report: Flexible Workplace–Before, During, After Change
A panel of world-class corporate real estate leaders offered some valuable lessons on the ‘before, during and after’ stages of adopting a workplace flexibility program during the CoreNet Global Summit in Orlando this week.