Business Specialties
Rubenstein, Nordblom to Transform Urban Neighborhood in Boston
For Rubenstein Partners L.P., building up its Boston portfolio appears to be an annual event.
TPG Grabs Majority Stake in Deutsche Bank’s Loan Portfolio
TPG Real Estate’s acquisition of a 75 percent stake in a $2.5 billion portfolio of high-yield CRE loans from Deutsche Bank’s Special Situations Group is yet more evidence of the market’s recovering strength.
Jamestown Commits to Creative Work Space Property in San Francisco
To take advantage of San Francisco’s growing technology tenancy, The Jamestown Premier Property Fund has added a second mixed-use property on Market Street to its roster.
German Company Invests in Austin
German investors’ interest in the U.S. commercial real estate market continues unabated, and Munich-based GLL Real Estate Partners GmbH’s acquisition of Prominent Pointed I & II in Austin is among the latest evidence.
INTERNATIONAL: Central Equity Expands in Melbourne with Another Development
A leader and pioneer in Melbourne’s residential market, Central Equity continues to spread its wings in the city by tapping Brookfield Multiplex to build a residential tower in its CBD.
Rainier to Contribute M-U Development to Fort Worth’s Growing Market
Rainier Realty Investments has grabbed an 18-acre site in the busy Fort Worth submarket that it intends to transform into a multimillion-dollar mixed-use site.
Preiss Picks Up Student Housing Property Near UCF in Orlando
The Preiss Co. isn’t waiting for the fall semester to go to the University of Central Florida.
JANUARY ISSUE: Favorable Economy Drives 2015 Construction
Commercial building is on track to increase 15 percent in 2015, and multi-family housing to grow 9 percent in dollar value and 7 percent in units, says a recently released report by Dodge Data & Analytics.
Clarion, MHP Take to Manhattan’s Financial District
Clarion Partners and joint venture partner MHP Real Estate Services have become the proud new owners of the 1.2 million-square-foot Manhattan office tower at 180 Maiden Lane.
INTERNATIONAL: CGD, Four Seasons to Develop in Bangkok
In an ongoing initiative to improve one of the country’s most important urban waterways, Country Group Development and Four Seasons Hotels and Resorts have partnered to develop a hotel and residential project on the Chao Phraya River in the capital city of Thailand.