Business Specialties
Blackstone Real Estate Fund Raises $13B
The Blackstone Real Estate Partners VII fund has closed after raising $13 billion in 13 months from more than 250 global investors.
Mack-Cali Makes Major Move in M-F Market
Mack-Cali Realty entered into a definitive agreement to buy the real estate development and management businesses of Roseland Partners.
W3 JV Acquires Sunpower Occupied Property in San Jose
A JV of W3 Partners and Ridge Capital Partners has purchased a three-building Class A office complex in the third largest city in California.
Sunnyvale Set to Steal Tenants from Neighboring Submarkets; Legacy Pounces on Development Opportunity
By Alex Girda, Associate Editor The improving office market in Silicon Valley is making its effects known, as landlords and developers scramble to get as much space as possible while the spike lasts. Yet while the area is set to continue to generate interest due to the presence of giants such as Facebook and Google, […]
Berkeley Point Capital Arranges $75M for Refinance of M-F Apartment Communities in D.C.
Berkeley Point Capital arranged for the refinance of a 1,072-unit, Class B apartment complex located in Washington D.C.’s Mount Pleasant neighborhood.
Clarion Grabs 120 KSF Beverly Hills Office Building for $80M
Clarion Partners has bought a premier asset, a Class A office building with a full tenant roster at 100 N. Crescent Drive.
Amazon’s HQ in Seattle Sold to — Surprise! — Amazon for $1B
Vulcan Real Estate sold 11 office buildings to Amazon totaling 2 million square feet in the South Lake Union neighborhood.
BIG USA, M&J Wilkow Acquire Interest in 1 MSF Pittsburgh Shopping Center
BIG Shopping Centers USA and M&J Wilkow teamed up to buy 765,000 square feet of a million-square foot shopping center in Pa.
Waypoint Homes, GI Partners Secure $245M Revolving Credit Facility
The JV received a $245 million revolving credit facility to dapple in the budding single-family rental market.
Archstone Partnership Buys Green Apartments in Venice, Calif., for $56M
A partnership sponsored by Archstone has purchased The Frank, an upscale 70-unit apartment property, for $56 million.