Business Specialties
PANYNJ Considers Selling RE, One WTC
Port Authority of New York and New Jersey officials are talking about possibly selling some of its real estate, including One World Trade Center.
Berkshire Group Grabs 325-Unit M-F Asset in Dallas’ Medical District
Berkshire Group wraps up a busy year of buying with the acquisition of Aura Medical District, a 325-unit apartment community in Dallas’ booming medical cluster.
Nakash Holdings Buys The Setai Hotel in South Beach
Nakash Holdings, the investment company controlled by the founders of Jordache Enterprises and famous for its Jordache jeans, is expanding its hospitality holdings in Miami with the acquisition of The Setai Hotel.
Time Equities Acquires 380 KSF Shopping Center in Monroe, N.C.
Time Equities has acquired Monroe Crossing Shopping Center, a 379,630-square-foot regional shopping center in Monroe, N.C., from Madison Marquette.
2015 Top Development Firms
Our first ranking of 2015 takes a look at development. These companies have brought an impressive number of cranes to major metro areas over the past couple of years.
INTERNATIONAL: IMMOFINANZ Breaks Ground on Office Development in Bucharest
IMMOFINANZ Group has started site work on the Metroffice, a new office development project in the heart of the Romanian capital.
Federal Partners Closes on 400 KSF Northern Virginia Office Complex
Federal Partners, a co-investment joint venture with Spaulding & Slye Investments and the California State Teachers Retirement System, has added 400,000 square feet of suburban Washington, D.C., office space to its portfolio with the acquisition of Liberty Center.
Broad Street Development JV Buys M-F Portfolio Throughout Manhattan
A joint venture between Broad Street Development and Crow Holdings has acquired a two-property residential portfolio located between Manhattan’s SoHo and NoHo neighborhoods for $178 million.
Senior Housing Properties to Purchase 38 Senior Living Communities
Senior Housing Properties Trust has agreed to buy 38 senior-living communities for $790 million from CNL Lifestyle Properties, including assumption of debt.
Skanska Trades M-U Property in Seattle
National development company Skanska USA has sold its first Seattle property, Stone34, to a joint-venture buyer Unico Properties and the Laird Norton Co. for $70 million.