Business Specialties
National RE, KRE Group Break Ground on Jersey City M-U Tower
National Real Estate Advisors and the KRE Group have officially broken ground on Journal Squared, a three-tower, mixed-use development adjacent to Jersey City’s Journal Square PATH Station.
AREP-Investcorp JV Purchases Metro DC Office Complex
A joint venture of American Real Estate Partners and Investcorp has acquired Canal Center, a four-building, 540,000-square-foot Class A office complex on the Potomac River in Alexandria, Va.
Economy Watch: New Home Sales, Mortgage Delinquencies, Gas Prices
New single-family home sales rose and delinquent residential mortgages dropped in September. Gas prices continue to fall – freeing cash for holiday shopping?
Greenbuild Special Report: Finding the Value of Healthy Buildings
Much like when the green building movement that first hit CRE at the turn of the millennia, we are currently sitting at the starting line for a new era of change. This time the target is not the building, but rather its users.
INTERNATIONAL: Invesco Buys Office Project in Prague from Skanska
The Riverview office project in Prague traded hands as Invesco Real Estate purchased the asset from Skanska Property Czech Republic.
Virtus, Aspen Heights to Build 684-Unit Student Housing Community near University of Oklahoma
Virtus Real Estate Capital has joined forces with student housing development and management company Aspen Heights to build Aspen Heights Norman, a 684-bed cottage-style community near the University of Oklahoma in Norman, Okla.
Voit to Manage, Reposition 2 MSF Industrial Portfolio in Reno
The Reno office of Voit Real Estate Services will provide property management and repositioning services for two industrial portfolios totaling more than 2 million square feet in Reno for Northwestern Mutual.
ULI Special Report: Global Capital Flows
Foreign capital continues to flow into real estate around the world, some top global investors affirmed during the general session “Capital Markets: A Global Perspective” at the Urban Land Institute’s Fall Meeting yesterday.
INTERNATIONAL: Hyatt, PRISA JV Breaks Ground on Hyatt Place San Juan
A joint venture between Hyatt, PRISA Group and McConnell Valdes Consulting has broken ground on the 149-room Hyatt Place San Juan hotel in Puerto Rico.
Ridgeline, Hillwood JV to Develop 1.1 MSF Braselton Commerce Center in Atlanta Submarket
There’s a genuine dearth of modern big-box industrial product in metropolitan Atlanta, and Ridgeline Property Group and Hillwood Investment Properties are primed to help fill the void.