Business Specialties
Brookdale Revealed as Buyer of 777 Main in Fort Worth
A local Fort Worth newspaper reported that the Brookdale Group was the unnamed buyer of the 980,000-square-foot office tower in downtown Fort Worth, sold by Cousins Properties amid a tenant lawsuit.
Madison Realty Shells Out Financing for M-U Project in Williamsburg
Madison Realty Capital gives its support to 55 Wythe Ave. by providing $81 million in financing for the mixed-use project.
Stone Point Capital Grabs Situs, Makes Powel New CEO
The word on the street is that in addition to Stone Point Capital’s purchase of Situs, current CEO D. Keith Johnson will be stepping down, and Steve Powel will be filling his shoes.
Meridian Arranges $135M in Financing for World’s Tallest Holiday Inn
Meridian Capital Group has facilitated a $135 million mortgage for the refinancing of the Holiday Inn Manhattan-Financial District, on behalf of Sam Chang and Jubao Xie.
Kushner, KABR to Revitalize Journal Square in Jersey City
There’s a major multi-family addition in Jersey City, N.J.’s future.
JANUARY ISSUE: Property Management–Occupancy Strengthens
What will demand for space look like in 2015, and which markets will score highest for absorption and increased rents?
KBS Feeds Bay Area’s Hungry Office Market with Another Purchase
To take advantage of an increasing interest from financial service and technology-oriented tenants in the San Francisco area, KBS has bought a three-building, Class A office property in Emeryville, Calif.
DTZ, Cassidy Turley Merger = One of Top Three Global CRE Service Firms
Consign the Cassidy Turley name to the CRE history books, because as of Monday, the company and DTZ were “operating as a single global firm.”
Monticello Keeps North Dallas’ M-F Market Thriving with New Buy
Monticello Asset Management has contributed to North Dallas’s growing multi-family market with the purchase of the 148-unit Willoughby Park Apartments.