Business Specialties
Fundrise, Larson Realty JV to Redevelop Detroit’s Former Tiger Stadium
Larson Realty Group and its development group that includes Fundrise, a leading real estate crowdfunding platform, have been chosen to redevelop the Michigan and Trumbull blocks of the former Tiger Stadium in Detroit into a mixed-use project.
Greystone Buys Harlem Land Parcels for M-U Development
Greystone is giving Harlem, New York, a real estate boost by purchasing four adjacent land parcels in the area with the intent of turning them into a mixed-use project.
Five Mile Capital Buys 32-Story Office Tower in Atlanta
Five Mile Capital Partners has acquired 100 Peachtree, a 32-story iconic office tower in Atlanta, from America’s Capital Partners.
Manulife, Allianz to Invest Up to $1B in U.S. CRE
Manulife Asset Management Private Markets has entered into an arrangement with Allianz to co-invest up to $1 billion in U.S. real estate.
INTERNATIONAL: BBC Television Centre Redevelopment Gets Green Light
A revised master plan submitted by Stanhope and Mitsui Fudosan for the iconic BBC Television Centre was approved by the London Borough of Hammersmith and Fulham planning committee.
Carr Kicks Off Pre-Construction Phase of Office Building in Arlington, Va.
The site at 2311 Wilson Blvd. in Arlington, Va., will soon sprout a premier 175,000-square-foot office building now that Carr Properties has commenced demolition and the pre-construction phase for the project.
Kimco Buys Out Blackstone in 39-Property Portfolio
Kimco Realty Corp. has acquired the remaining 66.6 percent interest in the 39-property Kimstone portfolio that it originally owned with a joint venture partner, a subsidiary of Blackstone Real Estate Partners VII, for $925 million.
Peak Campus Adds 3,155 Beds to Management Portfolio
Peak Campus Management has been selected as the property manager for a portfolio of five properties totaling 3,155 beds near Florida State University in Tallahassee.
BCB Buys Six-Building M-F Portfolio in Manhattan
An Upper West Side Portfolio, a group of six apartment buildings totaling 152 residences, has come under new ownership, courtesy of a transaction valued at approximately $81 million.
Crescent Communities Buys 2-Acre Site in Nashville’s Music Row to Build M-U Project
Crescent Communities has acquired a 2.1-acre site in Nashville’s iconic Music Row district with plans to develop a mixed-use community containing 275 luxury apartments and street-front retail space.